France, Germany, and Italy Get Online Gaming Bank

Ivobank, the online bank targeting online gaming companies and enthusiasts which launched in July in Canada, the UK, Spain, and Ireland, yesterday broadened its reach to include France, Germany, and Italy.

Ivobank, whose investors include the billionaire Indonesian Sampoerna family with a significant interest in gaming company Mansion, is believed to be the first independent bank to begin operations since 2001.

Timothy Sawyer, Managing Director of Ivobank, said, “More businesses and people are now choosing to bank online, make payments and transfer money on the Internet. Following our successful launch in the UK, Ireland, Spain and Canada, we are looking forward to opening up our rapid payments service to more customers across Europe and plan to introduce our service to even more European countries shortly.”

The bank is offering secure online payments and money transfer services 24/7 via telephone, live chat, and secure email and customers can use the Ivobank Virtual Card (compatible with the MasterCard network) for payments and transfers. All funds are insured and settled immediately at any time of the day or night and instant international money transfers from customer accounts to family or friends are free of charge.

Ivobank is regulated by the Financial Services Authority in the UK. Customers can sign up at Ivobank.com.

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