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IvobankJuly 30, 2008, 10:23 am (3 years ago)A fresh online bank catering for gaming industry and aficionados has started, offering quick and safe online transaction and cash transfer services.
Ivobank is said to be the original self-governing bank to start since the dot.com rapid growth in 2001 and the original to be officially authorized and controlled by the Financial Services Authority (FSA). Supported by the Sampoerna family, Ivobank aims to hold one million clinents within the next five years. Ivobank's Managing Director, Timothy Sawyer, told that whilst the bank is welcoming everyone, it had been specially established for with online gamers. "The online gaming business has expanded quickly in latest years, however, the monetary services backing it have not kept speed," Mr. Sawyer explained. "Most of the online markets and clients have been ill-treated so far, because of comparatively high costs and comparatively unprofessional service. "Ivobank attempts to fill in the gap by providing immediate and very safe online money transaction services, together with competitive interest rates,' Mr. Sawyer explained. Above all this, Ivobank makes it possible for clients to transfer money immediately from their account to friends and family abroad, making it very useful for worldwide cash transfer. "Ivobank is excellent for anyone who needs to shop online without using credit card,' Mr. Sawyer explained. Customers are able to use a virtual debit card - The Ivobank Virtual Card - which is available for the used of making purchases online anywhere MasterCard is accepted. Based in London, Ivobank has been established by several business veterans that have kept senior positions within the banking and gaming businesses. Mr. Sawyer was formerly Chief Executive Officer of cahoot and used to be involved in the startup of the bank.
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