europeone completes €350,000 angel round with 50% over-subscription

26 March 2017

Mobile-first bank europeone has oversubscribed its €350,000 angel investment round by almost 50%, with commitments greater than €520,000.

Targeted at the 30 million+ Europeans living elsewhere in Europe, europeone will offer a country-agnostic banking services that work across geographies, currencies and languages.

The company launched its angel investment round in August last year and commitments were received by December 1. Full completion is expected by end of April.

“This investment is a further indication that demand for our company is strong and our mission resonates not only with our customers but also with our investors,” said CEO Philipp Buschmann.

Over 3 million Europeans move to another EU country each year for love, work or study and many experience significant problems accessing local banking services.

By offering family accounts, as well as banking operations and customer support in users’ native languages, europeone will reduce physical distance between customers and their loved ones.

Customers will be able to open a bank account on their smartphone, covering all basic banking needs, including depositing funds, paying bills and transferring money.

europeone plans to launch in Germany later this year and has already opened its doors to customers for pre- registration on its website www.europeone.com.

About europeone

europeone is a financial services start-up founded by Anton Sergeev, a former investment banker, and Philipp Buschmann, a serial entrepreneur. They are joined by a highly-experienced and multinational management team with a shared vision of building a pan-European mobile bank that fits in everyone’s pocket.

europeone plans to launch in Germany, initially targeting Romanians and other Europeans living in the country, with a view to expand across Europe.


For more information please contact Liuba Slobodeniuk at one@europeone.com

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