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News | December 02, 2015

WB21 LAUNCHES ITS DIGITAL ACCOUNT OPENING AND PAYMENT PLATFORM

WB21 LAUNCHES ITS DIGITAL ACCOUNT OPENING AND PAYMENT PLATFORM

The FinTech startup offers the first global digital account opening and cross border payments platform that targets private and business clients in 180 countries.

Zug, 02. December 2015 – WB21, the FinTech startup that redefines banking on a global scale announced today its product launch for a selected group of users from seven different countries. By end December, WB21 will open its doors to customers and commence the global roll out of its platform in six languages targeting Germany, France, Spain, UK, Portugal, Ireland and Greece.

The Zug based FinTech company WB21 offers an online, real time account opening platform for private and business clients. The smartphone and web based system offers global cross border payments and account opening in 18 currencies with instant fund crediting to bank accounts worldwide. Senders pay ten times less than traditional banking fees. The account is set up in less than five minutes, with a 24/7 real time verification and activation system. Each account comes with a virtual NFC enabled or physical MasterCard® DebitCard that can be used for purchases and cash withdrawals worldwide. Funds are held at Swiss Banks that are governed and protected by Swiss Banking laws.

"It has always been our vision to create a digital platform that redefines the standards of cross border banking on a global scale. The current solutions at traditional banks makes it very difficult and expensive for international clients to open accounts and send payments cross border. We have spent the last twelve months to build a unique, unparalleled solution to solve that problem! WB21 is the first global platform that solves the issues for private and business clients from 180 countries. From the 1st day it has been our policy to accept clients from all 180 countries. Our services will be available first in English, German, French, Spanish, Portuguese and Greek; targeting the markets that have the highest level of bad user experiences and overpriced retail banking in the EU. Our timing couldn‘t be better to offer a digital solution addressing this problem.“

WB21 has started to change the way how the world conducts banking in the 21st century. The solution WB21 provides will simplify everyone’s financial life.

About WB21

WB21 is an online, real time account opening platform for Private and Business clients from 180 countries. We offer global cross border payments and account opening in 18 currencies. With our proprietary software IRTP; recipients have funds credited instantly on their bank accounts worldwide. Senders pay ten times less than traditional banking. Users can transact money through their account balances, bank accounts or debit cards.

The account is set up in less than five minutes, with a 24/7 real time verification and activation system. Founded in August 2014, WB21 launched its pre-registration process in October 2015 and received more than 50,000 account opening requests. WB21 is available for Android, iOS and desktop.

Website: www.wb21.com Twitter: @WebBank21 Facebook: www.facebook.com/wb21inc

Press contact WB21 Ltd. | Baarerstrasse 135 | 6300 Zug, Switzerland Email: [email protected] Web: www.wb21.com Phone CH: +41417635358

High-res pictures are available for download here: www.wb21.com/mediacenter/kit