Cryptiqo

Financial Technology Blog

Rebellion is a digital account, a neobank/fintech, that operates on mobile options and tech and uses the processing power of cryptocurrencies. With rebellion, they don’t have to bank on banks, or someone who oversees them, instead, they can control money the way we want to control it. “A 100 percent mobile bank account to pay, send, and receive money without fees,” according to the company. With campaigns and cryptocurrencies, Rebellion tries to maximize your money.

cryptocurrency coins

What is Rebellion

Rebellion is a fairly vogue neobank with a total funding amount of $7.6 million, with its primary office in Madrid, Spain. It’s a neobank for millennials and Gen Zers.

Rebellion is the company which was started to meet the needs of today’s jaded youth. The people who don’t trust or identify with the banks. The people have become a little touchy when it comes to handing their money over to the banks and their lacklustre performance rate, along with government meddling.

It cements Rebellion as one of the most avant-garde Spanish neobank operating in the region, with banking services more akin to streaming services than traditional banks. 

The company is funded by the Gala Capital Partner firm and has received multiple Seed rounds. Gala Capital, the venture capital company, has a heavy investment in Spanish startups. Nowadays, Rebellion is one of the most used and top-rated fintechs in Spain. 

Rebellion features

The key selling point of Rebellion is ‘like no bank’ – meaning it’s your cash, your call. Companies today offer free, easy-to-take their first step. Painless models where you don’t have to think, it’s not a hassle, you don’t wait, you’re not trapped into a contract. The latter implies that you can leave anytime if you feel you don’t like the product without having to shell out anything. There are no hidden clauses.

Account

A personal account number (IBAN) is created for users to send, receive, and manage their money. Users will have to fund their accounts via their bank. 

Mastercard 

All users get a prepaid Mastercard. In working with Mastercard, Rebellion has integrated its security features and its global merchant web to provide its users with a prepaid debit Mastercard. At Rebellion, users can pay with their plastic, or pay with their mobile, securely and contactless. Users receive free material and a virtual card. Both are best suited for all kinds of payments and shopping experiences. 

ATMs

Most ATMs let users withdraw money without facing fees.

Fast sign up

In less than 5 minutes, users can download the Rebellion app and sign up for their service. In those same 5 minutes. They can get on top of their account, linking their bank account or going to a vendor and funding their Rebellion wallet, to spend at their favourite retailer, and invest in cryptocurrencies with the lowest fees on the market. 

Cryptocurrencies

Users can buy and invest in cryptos straight from the Rebellion app. One of the lowest fees/commissions on the market is offered by Rebellion. From the Rebellion platform users can invest in cryptos like Ethereum, Bitcoin, Dogecoin, Cardano, Litecoin, and more. Rebellion is powered by cutting-edge technology and security and your funds will always be available. With no extra fees, you can sell your cryptos instantly and have them transferred directly to your Rebellion account. 

Control 

See what happens in real time, in your portfolio. You’ll get notifications on crypto flows and know when the price is right for you to buy or sell. 

Control transactions

Rebellion app users can control their transactions in real-time. They know how much money they have, they know how they spend, and they formulate clear financial goals they can follow. 

Flash transfers

100% free no hidden fees, Payment transfers between ‘Rebellion buddies’. At the drop of a hat, send and pay money to other Rebellion users. Instant transfers.

Security

Rebellion techs are cutting edge and all accounts and Mastercards are secure and can be activated, deactivated or blocked at any time directly from the app. Also, if you happen to lose your card, or it’s stolen, you don’t have to call the bank to freeze it, you can just do that from the app and freeze all your money and block the card.

Direct debit

Rebellion allows you to pay bills, your landlord or your subscription service. You can set up direct pay and you can even have your salary deposited into a Rebellion free of charge.

Requirements

Rebellion is currently only available to Spanish residents. A Spanish ID or an EU Passport is required and you’ll need a residency permit (TIE). Additionally, you’ll need a Spanish mobile phone number. Yet Rebellion has managed to make headway and to try to reach other markets.

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