Financial startup Futubank attracted $300K of investments

Financial Startup “Futubank” attracted investments in amount of $300K. Funds in the company, which develops the virtual bank, invested the “FutureLabs”, a business-angel Pavel Kovsharov and a range of other private investors. Funds from the seed round of investment firstly will be directed to development of applications under iOS and Android, and also widening of a partnership network.

The whole Startup received estimation in $1M.

“Traditional banks do not meet requirements of modern users, - considers Aleksander Borodich. – In many cases clients have to limit themselves by those services, which the concrete bank considered being necessary, but many consumers are not ready to limit themselves. And namely these people will be assisted by the bank of future – “Futubank”.

The “Futubank” is the bank online-service. Clients receive complete bank card plus application; all bank operations for users, including transfers to friends, will be free. The virtual bank meets all requirements of each concrete user.

Further development of the project will be conducted within the walls of the “FutureLabs” company. The Laboratory “FutureLabs” was founded by a business-angel Aleksander Borodich. The company invests in mobile future, investing money in teams and projects under iOS/Android/Windows, automobiles, robotics and other devices. Among projects of the laboratory: application “MyDeamBoard”, which shows the most wonderful places over the planet, the service of wishes coming true “MyWishBoard.com”, free unlimited dropbox “Superfolder.co.