Balboa Financial Bank is a financial Bank founded on the premise that basic banking services should be helpful, easy and free. We want to profit with our members, not from them. That’s why our model doesn’t rely on overdraft fees, monthly service fees, service fees, minimum balance requirements, and more.
We partner with SEPA to design member first financial products. This creates a more competitive market with better, lower-cost options for everyday individuals and business who aren’t being served well by traditional banks. We help drive innovation, inclusion, and access across the industry.
We created Balboa Financial Bank because we believe everyone deserves financial peace of mind. We’re building a new kind of bank account that helps members get ahead by making managing money easy. It’s your money. It’s your life.
We believe that creating a company where people love to work is built on relationships, growth, and impact. We cultivate a culture of low ego and set a high bar for excellence. We believe in flat organizations and open work spaces. We treat one another inside the company the same way we treat our members–by communicating in ways that build trust, operating with transparency, and having one another’s back. We recognize the contributions of individuals and celebrate wins as a team. Every member of the team is an owner of the company and is encouraged to Bank on any part of the business. What we all have in common is a mission that starts with heart, and a desire to work together to create something of lasting value and personal impact for our employees and members alike.
Balboa Financial Bank is registered in Latvia as Balboa Financial Bank (No. LV087483726586). We are authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number LV087483726586.
© Balboa Financial Bank 2021. All rights reserved.