Inteligo Financial Services S.A. is one of the first
online banks of Poland. It was founded by David Putts and Andrzej Klesyk, two former
McKinsey
McKinsey & Company is a global management consulting firm founded in 1926 by University of Chicago professor James O. McKinsey, that offers professional services to corporations, governments, and other organizations. McKinsey is the oldest and ...
consultants, and Hasan Mustafa and Kyle Spicer, two former ABN AMRO Bank professionals, as an independent start-up and partnership with
Bankgesellschaft Berlin.
Inteligo began operations on May 1, 2001, and acquired 150,000 customers in the first 12 months of operations, achieving 54% aided brand awareness.
Inteligo was the first in Europe to offer email money, patterned off
PayPal
PayPal Holdings, Inc. is an American multinational financial technology company operating an online payments system in the majority of countries that support online money transfers, and serves as an electronic alternative to traditional paper ...
. Inteligo was also first to offer secure mobile phone banking money transfer services, and real-time confirmations after ATM and POS transactions.
When Bankgesellschaft suffered a
liquidity crisis In financial economics, a liquidity crisis is an acute shortage of ''liquidity''. Liquidity may refer to market liquidity (the ease with which an asset can be converted into a liquid medium, e.g. cash), funding liquidity (the ease with which borrow ...
following a fall in East Berlin real-estate prices, it forced a 100% sale of Inteligo to
PKO BP in 2002.
External links
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Banks of Poland
Banks established in 2001
Polish companies established in 2001
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