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Forty Seven Bank


Forty Seven Bank is financial technology start-up

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Aleksandrs Malins - Chief Executive Officer

Igors Astapčiks - Chief Operational Officer

Vladimirs Tomko - Chief Marketing Officer

Mihails Skoblovs - Chief Financial Officer

Aristoteles Vargas - Head of Financial Market

Anton Azamatov - Chief Technical Officer

Forty Seven Bank will be a fully digital innovative branchless financial institution which complies with all EU directives, Basel III, Financial Conduct Authority (FCA), Prudential Regulation Authority (PRA) and Bank of England requirements.

The bank is going to be specialising in digital finance services by fully supporting cryptocurrencies and traditional fiat currencies. Basic cryptocurrency procedures include sale and purchase features, investment and exchange options and crypto-saving and current accounts. Multi-Asset Account will be one of the featured innovative products oered by Forty Seven Bank – it will allow customers to have access to all their accounts in dierent banks and crypto wallets as well as to their investments and savings in cryptocurrency and fiat equivalents via single application. It will be possible to operate with each asset type accordingly by having only one Multi-Asset Account at Forty Seven Bank.

We will oer unique crypto products like bonds, futures and options. Our goal is to invent such market- place and take the leading position in both short and long-term perspectives. Companies will be able to attract finances via product invented by Forty Seven Bank – Cryptobonds. Cryptobonds will be traded on various exchange platforms (mainly at the one developed by Forty Seven Bank).

Expert Review

4.8 out of 5

With the popularization of cyptocurrencies and a slow raise in the mainstream usage, a service offered by Forty Seven Bank is undoubtedly a very needed and convenient one. They want to act as a bridge between crypto and fiat world when it comes to the whole finance aspect. The mission of Forty Seven Bank and management team is to provide safe, innovative and user-friendly financial services and products to variety of customers, which can be individuals, businesses, developers, traders, financial and governmental institutions. The site provides a lot of extended information about project details, the overall design and media presence seems to be very good as well.

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