Fastlane Ventures Launches A Financial Management Service

Fastlane Ventures launches a new project offering a new concept of finance management for Russian consumers. IQcard company in partnership with Ltd. SB Bank launched prepaid bank cards of international payment system MasterCard, offering Russian customers efficient, easy and transparent management of their finances without bank accounts.

IQcard allows you visually monitor and analyze your costs with simple graphs and charts, and efficiently manage your budget, as well as to make fast and free transfer of funds to other IQcard owners, which is the best and safest payment option while traveling. Card holders do not have to worry about having a minimum amount of money or commissions caused by the overdraft, so the customers of IQcard will have no debts. A Card can be issued online or by phone from the comfort of home and without submitting any documents.

Thus, IQcard combines the features of banking and bonus cards, but it is several times cheaper to maintain, easier to use and safer.

Commenting on the official start of the business, the CEO of IQcard Ekaterina Konovalova said: We wanted to create a product that allows Russian customers feel completely safe when using credit cards. With our prepaid cards customers can purchase around the world, both online and offline, without fear of identity theft of their payroll or credit card.

IQcard is one of the portfolio companies of Fastlane Ventures, specializing in the launch of new online services, with a strategic focus on the development of business in the consumer segment of the Internet.

Marina Treschova, the CEO of Fastlane Ventures: The market of prepaid cards in Russia is not developed, and the use of ordinary bank cards both online and offline is problematic for many holders due to the risk of identity theft. We see that people are willing to use an alternative to bank cards, which would allow them to safely pay for services, manage and plan their own costs. That is why we are launching IQcard.

The website of IQcard (www.IQcard.ru) provides comprehensive information about products and services - from application for a card, to the detailization of all the options provided by IQcard: reliable transfer of money around the world, secure shopping online, budget management, and parent control over children's spends.