EQ Bank
Curated by SignalDigital bank offering high-interest accounts and no-fee banking services.
Overview
EQ Bank functions as a digital division of a traditional banking institution, offering a variety of banking products to both individuals and businesses in Canada. The range of products includes chequing accounts, joint accounts, multiple savings accounts, Guaranteed Investment Certificates (GICs), and a mortgage marketplace. EQ Bank aims to attract customers who are interested in high-interest savings options and everyday banking services that do not involve hidden fees. By utilizing online channels for customer engagement, EQ Bank seeks to mitigate issues related to high fees and low interest rates that are often associated with traditional banking. Additionally, the platform offers a complimentary EQ Bank card for ATM withdrawals and supports international money transfers, with a focus on security and reliability, drawing on the established reputation of Equitable Bank.
Key facts
- Founded
- 2016
- Headquarters
- Toronto, Canada
- Stage
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- Industry
- Financial Technology
- Sector
- Digital Banks
Business model
- GTM channel
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- 9 products and services
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Contact
- Primary office
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- Phone
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Open roles
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