Features, Benefits and How it Works
Nickel is a French fintech company founded in 2014, aimed at democratizing access to banking services. It offers an alternative banking solution without requiring users to go through a traditional bank.
Through partnerships with local tobacconists, users can open a Nickel account in minutes by providing a valid ID, making it accessible to individuals who may have been excluded from conventional banking systems. The service has grown popular due to its simplicity and affordability, targeting customers who want an easy-to-use, low-cost account for daily transactions without the complexities associated with traditional banks.
Moreover, Nickel’s banking offer includes a Mastercard debit card and a French IBAN, allowing users to make payments, receive deposits, and withdraw cash. The accounts can be managed through the Nickel mobile app or website, giving users full control over their finances.
Likewise, this model appeals particularly to individuals who require a straightforward, no-frills banking service. Nickel charges a low annual fee, and although it offers fewer features than a full-fledged bank, its simplicity is a strong selling point, especially for those who need a basic account to handle day-to-day money management.
In recent years, Nickel has expanded beyond France, beginning its international journey by launching in Spain, and it aims to continue spreading its presence across Europe. The company’s philosophy revolves around financial inclusivity, making banking accessible to everyone, regardless of income, employment status, or credit history.
Go to Nickel
Founded: 2014
Headquarters: Paris, France
Users: +3.5 million
Countries available: France, Germany, Spain, Portugal and Belgium
Account plans: 4 plan options for personal users
