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Excelon

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Consumer prepaid platform enabling secure global money management solutions.

Overview

Excelon operates in the fintech sector, specializing in consumer prepaid and gift card solutions with an emphasis on electronic money management. The company's product offerings include current accounts that come with IBAN numbers, which facilitate global money transfers and cash withdrawals at Mastercard locations. Excelon targets specific user groups, including freelancers, travelers, students, and expatriates, and offers a paperless onboarding process along with a mobile application compatible with iOS and Android devices. The platform includes features such as instant transaction notifications and competitive fee structures. Excelon is regulated by the Financial Conduct Authority (FCA) in the UK and the Bank of Lithuania.

Key facts

Founded
2018
Headquarters
Sofia, Bulgaria
Sector
Payments

Business model

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About Excelon

What does Excelon do?

Excelon operates in the fintech sector, specializing in consumer prepaid and gift card solutions with an emphasis on electronic money management.

Where is Excelon headquartered?

Excelon is headquartered in Sofia, Bulgaria.

When was Excelon founded?

Excelon was founded in 2018.

Which sector is Excelon in?

Excelon operates in Payments, part of Financial Technology.

Who are Excelon's competitors?

Companies similar to Excelon include Excella, SOLmate, and LIRAPAY.