Novum Bank

Novum Bank Limited is a credit institution that operates under, and applies, the European Union banking regulatory framework. The Bank is licensed and regulated by the Malta Financial Services Authority (MFSA) and is allowed to passport into all EU and EEA Members States. The Bank's business is focused on Prepaid Cards/Stored Value and Lending. Novum Bank Limited operates its lending business through its brand Cashper and is also a principal member authorised to issue any product under the MasterCard® brand. The Bank is positioned to offer a wide range of prepaid solutions for individuals looking for an alternative financial solution to traditional bank accounts and for businesses looking to expand their brand, create affinity and loyalty and improve their overall profitability. Novum Bank Limited launched its Money2Go MasterCard® in Germany and in the Netherlands and, in addition, manages a number of programs for strategic partners. The Bank has the capability to issue either closed loop cards, with restricted use, or open loop cards, that are operative wherever the MasterCard® brand is accepted. Also, the Bank can issue prepaid cards as a traditional plastic card, for POS and ATM use, or as a virtual card, for e-commerce use only. Plastic cards can also be issued with the latest contactless technology. Novum Bank Limited's mission is to provide innovative financial products, make them easily accessible and deliver those products and services in a simple and efficient manner, leveraging technology to achieve this. The Bank strives to be transparent in its product offerings, responsible in the way it operates and also ensures a high standard of security to safeguard its own and its customers' interest.