Founded in 2013 in Berlin, Avuba GmbH was a pioneering fintech company aiming to provide a modern, mobile-first banking experience. The service allowed users to open a bank account via their smartphone in minutes, complete with a Mastercard for payments. The company's mission was to simplify banking and make it more accessible and user-friendly. However, after failing to secure a new banking partner and facing regulatory hurdles, Avuba announced its shutdown in early 2016 and was officially liquidated and deleted from the German commercial register in October 2016.

Founded in

Germany