Tech

Spanish challenger Bankse plans raft of features to win over customers

New bank to provide trading, credit, crypto, wage payment and more. ...

Bankse, a new digital bank in Spain, is aiming to offer financial support and management to users it thinks have been let down by traditional players.

Bankse initially planned a September launch

Still in the waiting list stage, the challenger is offering free accounts, loyalty programmes, wealth management, and several other options to new users.

This includes buy now, pay later (BNPL) options, advance wage payment, credit cards, and personal loans.

Bankse also plans to provide the ability to trade and invest in stocks, energy, real estate, gold, and cryptocurrency.

The new bank will offer a basic card plus a premium and “metal” offering with expanded features and currently undisclosed pricing plan.

Founded earlier this year, it has raised $250,000 in pre-Seed funding, provided by its founder, Lucas Salamander.

Salamander, who is also CEO, founded and led music event company E&A Management before stepping into banking.

Much of his prior experience lies in the music industry, as before E&A he also served as CEO of The Golden Circle, an Irish events and artist investment company.

Bankse offered early adopters a €50 welcome gift for joining the waiting list and referring friends, so long as they complete the account opening process once the bank launches.

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