Global entrepreneurs all over and everywhere should rejoice! A novel fintech in the United Kingdom, Qazikoo Bank, is rapidly raising start-up funds. It’s also changing the banking industry by churning out a military grade secure app that allows local and international payments in 25 currencies from a personalized card.
DIGITAL BANKING AT QAZIKOO REACHES A WHOLE NEW LEVEL
By circumventing the cumbersome practices of traditional banks, Qazikoo Bank, deemed a new-age start-up, upticks digital banking to a remarkable level. Using a secure app developed with precision, Qazikoo streamlines multi-currency payments with fairly-priced exchange rates and immediate currency exchange. Accounts with the Bank can be linked with other account holders for rapid-fire transfer and receipt of funds. The cards are personalized with images and layouts to meet client needs. This company prides itself on digital banking innovation that offers “the highest level of enhanced security” for their customers.
QAZIKOO BANK WORKS HARD FOR INVESTORS-EYES UNICORN STATUS
Set to launch in September 2020, Qazikoo Bank has already netted £3 million in initial funding and according to company statements, it hopes to claim Unicorn status in its first year. If so, Qazikoo will join widely acclaimed Unicorn companies Uber, Xiaomi, Airbnb and others. A Unicorn is a new company, privately held, that is valued at more than $1 billion.
INVESTORS CAN GET ON BOARD WITH FUNDING QAZIKOO BANK THROUGH EIS
Thanks to venture capitalists and angel investors, Qazikoo Bank is catapulting toward the Unicorn goal. The company invites anyone to invest through Enterprise Investment Scheme (EIS). EIS is a United Kingdom tax relief program set up to foster investment in up and coming companies. According to a company statement, Qazikoo Bank has been “praised for choosing to finance through EIS instead of traditional finance models.”