Fazil provides a virtual card and a commission-free wallet account designed by young people for young people, positioning itself as a neobank aimed at Generation Z. Its product emphasizes a simple, attractive interface (decorated with emojis) to make money management feel less rigid. The startup also promotes ecological policies, offering carbon‑offsetting for transactions and pledging to plant one tree per €1,000 spent quarterly, with users able to geolocate and receive growth photos. In March 2021 Fazil completed a crowdfunding financing that raised €185,000, exceeding its initial €160,000 target in 24 hours. With the capital raised, the company plans to expand its team and scale to reach more users across its market. No operating metrics (revenue or user counts) were disclosed in the article.

Total raised

$221M

Funding rounds

1

Latest round

Equity

Latest activity

Mar 2021