Launch year: 2010
Country: Luxembourg
Categories: Payments, Technology services
Funds raised: €150,000
SOGEXIA, a customer centered neobank
Concept description
Sogexia, the Luxembourg Neobank.
- Sogexia is a neobank providing a 100% online & mobile account.
- The bank provides two types of accounts, a personal one and a business one.
- Real time tools are proposed in order to manage bank transfers, credit cards and direct debits.
- Transactions are real time, bank transfers are effective with no delay.
- Many features help clients save money such as cashback at +900 merchants, spending analysis, international transfers with competitive foreign exchange rates and a no hidden fees guarantee.
- Sogexia is in partnership with BNP Paribas for the sequestration of funds.
- In April 2020, Sogexia had around 190,000 costumers.
Value proposition
Sogexia value proposition is competing with traditional banks.
- Consumers are able to open an account in few minutes without conditions or hidden costs.
- A bookeeping & analytics solution helps manage the budget and easily understand where money goes.
- Cashback with partners of the Sogexia Club.
- Consumers can control their account directly with their mobile or laptop in transparency and simplicity.