Fazil logo — No commissions, digital card, environment-friendly, supporti...

Fazil

No commissions, digital card, environment-friendly, supporting solidarity projects.

Founded 2018 Spain Spain Convertible Note Total: $399.00K Finance, Financial Services +4

General Information

Company Name Fazil
Founded Year 2018
Location Spain Spain
Founders / Decision Makers
Team member Team member Team member
Industries Finance, Financial Services, Fintech +3
Funding Stage Convertible Note
Social

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About Fazil

Fazil is a digital banking startup based in Spain with a focus on providing hassle-free online transactions without any commissions. The company was founded in 2018 and has positioned itself as an environment-friendly financial solution. Fazil offers a digital card option to reduce plastic usage and aims to support solidarity projects such as environmental initiatives, community support, and assistance to vulnerable individuals.

The latest funding round for Fazil amounted to €232.86K through an Equity Crowdfunding investment at 24 March 2023, with Crowdcube as the primary investor. The funds are expected to be utilized for further development and expansion of the digital banking platform.

With its innovative approach to digital banking and a strong commitment to environmental and social causes, Fazil is poised to carve a niche in the Finance, Financial Services, Fintech, and Banking industries. The company's emphasis on transparency and sustainability sets it apart in the competitive fintech landscape, making it an intriguing prospect for potential investors seeking impactful and forward-thinking startups.

Business keywords: digital transactions, commission-free, environment-friendly, solidarity projects, mobile payments, plastic reduction, ethical banking

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Convertible Note €214.00K 1
Crowdcube
24 Mar 2023
Non Equity Assistance Undisclosed 1
Tenity
22 Jul 2021
Equity Crowdfunding €185.00K -
18 Mar 2021

Fazil Alternatives & Competitors

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FAQ About Fazil

No commissions, digital card, environment-friendly, supporting solidarity projects.
Fazil was founded in 2018.
Fazil is headquartered in Spain.
Fazil operates in Finance, Financial Services, Fintech, Mobile, Payments and Banking. Its work centres on digital transactions, commission-free, environment-friendly and solidarity projects.
Fazil has completed 3 funding rounds, raising a total of $399.00K. The latest funding stage is Convertible Note.
Top alternatives and competitors to Fazil include getinsha, PinPay , Sun Bank International Ltd., PalmPay, Keepz. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Fazil and getinsha are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Fazil, https://bouncewatch.com/company/fazil, updated 24 March 2025. When citing, please name BounceWatch and link this page.

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