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.