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First-e was a European online bank during the Dot-com bubble of 1999–2001. The company was based in Dublin, Ireland and employed 280 people, with 250,000 customers. It operated on a licence from French bank , an innovation that allowed it to get around the usual difficulties faced by European banking startups. It launched with €200m in funding from various institutions including Intel, Morgan Stanley and Apax Partners and initially targeted the British market with a savings interest rate 2% higher than its high-street competitors, and gained 250,000 customers.

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  • First-e Group (en)
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  • First-e was a European online bank during the Dot-com bubble of 1999–2001. The company was based in Dublin, Ireland and employed 280 people, with 250,000 customers. It operated on a licence from French bank , an innovation that allowed it to get around the usual difficulties faced by European banking startups. It launched with €200m in funding from various institutions including Intel, Morgan Stanley and Apax Partners and initially targeted the British market with a savings interest rate 2% higher than its high-street competitors, and gained 250,000 customers. (en)
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  • http://commons.wikimedia.org/wiki/Special:FilePath/First-e--maestro.jpg
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  • First-e was a European online bank during the Dot-com bubble of 1999–2001. The company was based in Dublin, Ireland and employed 280 people, with 250,000 customers. It operated on a licence from French bank , an innovation that allowed it to get around the usual difficulties faced by European banking startups. It launched with €200m in funding from various institutions including Intel, Morgan Stanley and Apax Partners and initially targeted the British market with a savings interest rate 2% higher than its high-street competitors, and gained 250,000 customers. A 2.4 billion euro merger with the Spanish online bank was proposed 2000, but after the dotcom bubble burst in late 2000, parent company of Uno-e, BBVA called off the merger was in April 2001 and instead paid some €350m in compensation. First-e then sold its business to Direkt Anlage Bank of Germany in October 2001. First-e was owned by the group of companies, created by Gerhard Huber, Peter Phillips, Christian Kaiser, Nicholas Malcomson and Xavier Azalbert. Its Board included , a former Irish ambassador to the US and the late Sir Nicholas Redmayne who was also its chairman. (en)
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