Bankiom is a fintech startup based in the United Arab Emirates that offers a free prepaid card as a bank account alternative. Founded in 2019, the company aims to provide a convenient and secure way to shop online, offering users the ability to pay for subscriptions, in-app purchases, and more with ease. The company emphasizes state-of-the-art security features to ensure safe and secure transactions. In addition to the prepaid card, Bankiom provides traditional bank account features without the associated hassle and fees, positioning itself as an attractive alternative for consumers.
The startup received its last investment in a Seed Round on 29 April 2020. The investors in this round included 500 Startups and Misk 500 MENA Accelerator. As a part of the 500 Global, Bankiom is striving to capture a share of the growing market for fintech solutions and online banking alternatives. For individuals and businesses seeking a modern and user-friendly approach to financial services, Bankiom presents an intriguing option.
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