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Berlin fintech offering the PayangoCard, a Visa debit card for people without standard credit checks.
Founded in 2006 and headquartered in Berlin, Germany, Payango offers banking services for individuals with negative entries in their credit reports, mainly through the PayangoCard, a Visa debit card that requires no credit check. Customers preload funds onto the card, which is marketed primarily in Europe. In 2012 the company reported total revenue of USD 1,184,780 and EBITDA of USD -1,049,676. Berlin Ventures provided financing in June 2010.
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