Inteligo Financial Services S.A. is one of the first

online bank Online banking, also known as internet banking, virtual banking, web banking or home banking, is a system that enables customers of a bank or other financial institution to conduct a range of financial transactions through the financial institut ...

s in Poland. It was founded by David Putts and Andrzej Klesyk, two former

McKinsey McKinsey & Company (informally McKinsey or McK) is an American multinational strategy and management consulting firm that offers professional services to corporations, governments, and other organizations. Founded in 1926 by James O. McKinsey ...

consultants, and Hasan Mustafa and Kyle Spicer, two former ABN AMRO Bank professionals, as an independent start-up and partnership with Bankgesellschaft Berlin. As of 2010 the company was part of

PKO Bank Polski Powszechna Kasa Oszczędności Bank Polski Spółka Akcyjna or PKO Bank Polski S.A. (), in short PKO BP or simply PKO, is a multinational banking and financial services company headquartered in Warsaw, Poland. It is one of the largest financial i ...

. Inteligo began operations on 1 May 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 E-commerce payment system, online money transfers; it serves as an electronic alter ...

. Inteligo was also the 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. Since 16th of February 2024 Inteligo does not open new bank accounts, instead clients are redirected to open account in PKO BP.

References

External links

* Banks of Poland Banks established in 2001 Polish companies established in 2001 {{Europe-bank-stub