https://techcrunch.com/2020/06/24/memo-bank-unveils-its-business-bank-credit-license-and-22-5-million-in-new-funding/

Memo Bank wasn’t always called Memo Bank. It originally started as Margo Bank and it has been flying under the radar for a few years. The French startup is now about to launch publicly and shared more details about what it is building.

As the name suggests, Memo Bank is a bank. It plans to server business customers exclusively and it targets small and medium companies that generate over €2 million in annual turnover and have more than 10 employees.