Alt - Bank Company Brief PDF

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Alt.

bank
COMPANY BRIEF

COMPANY REVIEW
A) What is Alt.bank?
- It is the first financial platform that offers digital accounts, pays members with commissions and, in an
unprecedented initiative in Brazil, allows withdrawals and deposits of money between peers.
- Alt Bank will revolutionize Brazil’s banking system.
- Alt.bank is an initiative of the British group DigiCash Technology Venture, partner of the Central Bank of
Brazil through the Laboratory of Financial and Technological Innovations (Lift).
- Their operation is based in São Paulo, with top-notch business and technology professionals who ensure
the legality and security of our platforms.

B) What do they offer?


- It offers free digital payment, debit card and yields more than savings.
- No fees, no bank records, no paperwork, unlimited free transfers.
- They offer to change bank fees for commissions on the accounts.
- It empowers members to take their bank.

C) Team
- CEO Brad Liebmann.
- CTO Marcelo Negrini
- Country Manager Fabio Silva

D) Founders & Timeline


- 2000- Executive Brad Liebmann founds his first FinTech in England.
- 2005- Brad Liebmann launches Simply Business, a pioneer in selling Small Business Insurance Online in
England.
- 2009- Simply Business becomes Europe’s largest online insurance broker.
- 2015- Simply Business maintains leadership in Europe and arrives in the United States.
- 2017- The Company American Traveler’s insurance acquires Simple Business by $500 million.
- 2018- Brad founds Digicash Technology Venture, which is born with the social mission of integrating more
and more people into the global financial system fairly and efficiently. Ahead of Digicash, Brad designs an
unprecedented model for enabling peer financial transactions.
- 2018-Digicash headquarters installed in Villa Olimpia, Sao Paulo.
- 2018-Partnership with Anthemis Group, investors based in London and New york.
- 2018-Partnership with the Central Bank, by the laboratory of financial and technological innovations (lift).
- 2019-Launch of the beta version of the application in Brazil, with the brand alt.bank.
- 2019-Alt. Bank Executives attend Central Bank committee focused on instant payment methods.
- 2019-Launch of contactless alt.bank debit card with Visa flag.

To learn more about Alt.bank, click here!

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