Juniper Research named Fidor as a leading disruptor in its prestigious “Disruptors & Challengers Quadrant for Neo & Challenger Banks” for 2018.
In order to be included in this Quadrant for 2018, the criteria was focused on three areas:
- Innovation: An assessment of companies’ current product offerings, deployments and their ability to create new and unique products or services.
- Agility: How able and quickly companies can execute a go-to-market for their products and services and also iterate their existing solutions, based on funding, partnerships, market access and corporate backing.
- Presence: How much investment companies have received to date, including funding, acquisitions or stakeholder share (as of December 2016).
Juniper Research highlights that Fidor is actively driving industry transformation through B2B co-innovation and regional initiatives. It also notes that Fidor contributes to a number of regulator forums, including the Monetary Authority of Singapore (MAS) and the Financial Conduct Authority (FCA) in the UK, to help foster innovations in payment systems and fintech.
Nitin Bhas, Head of Research at Juniper Research wrote in conclusion: “Fidor has been more ambitious than many of its counterparts. Some challenger banks stop short of being ‘full’ banks by merely offering a place to manage money; they do not offer lending services and so on. Fidor allies with specialists, rather than creating its own services, so it can offer top of the range products.”
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