financial worlds

ICO is live, ends in:











2 595 805 FSBT
5 000 000  FSBT
900 000 FSBT
CContribute now!
Minimum contribution size:
Maximum contribution size:
We accept:
by us
by us
by Paybis
by Paybis
Supported payment methods:
and others
Current token bonus:
+10% – for newcomers and those who contributed after 31.03.2018 
+30% – for those who contributed before 31.03.2018
+10% / +30%
1 FSBT = 0.0047 ETH
1 ETH = 212 FSBT

Mission of Forty Seven Bank

The mission of Forty Seven Bank is to create innovative, flexible and open Application Platform for financial technology developers, who will be able to operate under the roof of Forty Seven Bank, having access to banks infrastructure and customer base. We will give opportunity to developers with small or medium capital to create white label applications which will be able to compete with traditional banks. Our Bank as a Service (BaaS) solution will disrupt financial sector of the European Union by reducing barriers to entry the fintech market.

Exchanges we plan to be listed on:

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We offer wide range of products for private and business clients

Read about our products in the Forty Seven Bank White PaperLearn more in "Products" section

Tools and services for external developers

The featured product is a Multi-Asset Account for private customers with a tied card.

  • Opportunity to provide Forty Seven banking services under your own brand (white label)
  • API access that allows the development and implementation of modern financial services based on Forty Seven infrastructure and processes
  • Holding DevDays conferences for independent developers
  • A showcase of financial applications using Forty Seven API
Learn more about all ProductsSubscribe for presale! Participate now!

Features and technologies

Service-oriented architecture
Machine learning
Open API
Smart contracts
Adaptive security architecture
Conversational systems
Cloud computing


Milestone 1
Development of Forty Seven Bank concept, project plan elaboration
Milestone 2
Preparation and start of crowdfunding via Token Generation Event
Milestone 3
Successful completion of Token Generation Event, FSBT launch on exchanges
Milestone 4
Software infrastructure deployment
Milestone 5
Applying for EMI, PI authorisation at FCA, integration with SWIFT system
Milestone 6
Obtaining EMI, PI licenses, authorisation for activity from FCA. Launch of services for FSBT tokens holders
Milestone 7
Submission of documents to obtain banking license
Milestone 8
Obtaining banking license. Start of providing full-scale banking services
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Q4 2016
Development of Forty Seven Bank concept, project plan elaboration
Q4 2019
Obtaining banking license. Start of providing full-scale banking services
Q4 2018
Obtaining EMI, PI licenses, authorisation for activity from FCA. Launch of services for FSBT tokens holders
Q2 2018
Software infrastructure deployment
Q2-Q4 2017
Preparation and start of crowdfunding via Token Generation Event
Q1 2019
Submission of documents to obtain banking license
Q3 2018
Applying for EMI, PI authorisation at FCA, integration with SWIFT system
Q1 2018
Successful completion of Token Generation Event, FSBT launch on exchanges
Contribute now!

Executive team

Aleksandrs Malins

Chief Executive Officer,
Member of the Board

Igors Astapčiks

Chief Operational Officer,
Member of the Board

Vladimirs Tomko

Chief Marketing Officer,
Member of the Board

Mihails Skoblovs

Chief Financial Officer,
Member of the Board

Aristoteles Vargas

Head of Financial Market Development, 
Member of the Board

Anton Azamatov

Chief Technical Officer

Edgars Abols

Chief Legal Officer

Lilija Kovaļčuka

Art Director

Jevgenijs Lesevs

Head of Internal Audit

Vitalijs Grundsteins

Project Manager

Kristiāna Štauere

Lead Analyst

Nana Zhang

Community Manager (Asia)

Advisory board

Victor Chow

Founding and Managing Partner, LVL88

Evgeny Bezgodov

Chief Operational Officer, Deiteriy

Alexander Chernyakevich

Chief Technical Officer, Scand

Claude Chi

Chief Marketing Officer, Afterpiece Investment

Morten Hansen

Head of Economics Department, Stockholm School of Economics in Riga

Dmitry Dudin

Head of Products and Services Development Department, XB Software

Rinat Arslanov

Chief Executive Officer, Revain

Artem Kushik

Business Analyst, Crédit Agricole CIB

Igors Danilovs

CFA, Senior Portfolio Manager, Swedbank

Jevgenijs Plams

Blockchain Developer

Inna Krievane

Financial Analyst, Argus Vickers

Eva Iova

Creative Director, IOVA

Steven Coogan

Mortgage Advisor, Madison Carter Finance

Евгений Лесев

Старший финансовый контролер, Circle K Europe

Dianna Chen

Strategy & Product Development Lead, Fier Consulting

Miguel Sánchez de Pedro

Senior Partner and Founder, OxValue Advisers SL

Chen SiYuan

Co-founder, Northern Capital Investment Company

Your name and surname

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Our partners

PaybisLogoN2Growth LogoN2Growth LogoScand LogoDeloitte LogoMicrosoft LogoDeiteriy LogoDeiteriy LogoDeiteriy LogoDeiteriy LogoDeiteriy LogoDeiteriy LogoDeiteriy Logo

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ICO details

Emission of tokens

What is a Forty Seven Token: Forty Seven Bank Token (FSBT) is a cornerstone of Forty Seven Bank infrastructure. FSBT tokens will be demanded by partners-developers in order to be able to upload their fintech applications into Forty Seven Bank App Platform. FSBT will also be demanded by businesses in order to improve the effectiveness of financial and operational activities via smart contracts. For private customers FSBT tokens will give several benefits in using Forty Seven Bank products and services, as well as token holders will be top priority customers of the bank according to loyalty program and will get loyalty rewards on yearly basis based on performance of the bank. After the crowd-funding campaign is finished, FSBT tokens will be available for trade at various cryptocurrency exchanges.

Abbreviation: FSBT.  
Control over emission: is provided by the system of interconnected smart contracts.
Actual rate: 1 FSBT = 0.0047 ETH (including current bonus).

Maximum amount of tokens to be generated:
 5 555 555 FSBT (incl. bonus tokens, tokens for bounty and founders).
Softcap: 3 600 ETH.
Hardcap: 18 077 ETH.

Accepted currencies on ICO: ETH, BTC.
ICO: now – 30.04.2018.
NB! If you don't know how to send ETH to Ethereum wallets, please go through one of these tutorials before you do anything:
You can use this smart contract wallet address to send your contributions to:
You can also use the QR-code below to open our smart contract wallet address:
Open QR-code here
Or you can use our own personal cabinet:
Participate now!

Token distribution

90%Goes to contributors
5%For founders

Bonus tokens for the contributors

Current ICO basic bonus:
Claim your bonus!


Calculated from the bounty pool (5%)
Take your bounty!

News and publications

Interview: Mihails Skoblovs speaks about cryptocurrencies and banks
Our CFO Mihails Skoblovs speaks about the current state of cryptocurrency market and ...
Watch video
RIGA COMM 2017: In Latvia they build rockets and create conception of Bank...
All attention riveted on unique financial project ...
Watch video
Interview: Mihails Skoblovs
Our CFO Mihails Skoblovs speaks about the future of banking, blockchain and Forty Seven Bank on First Channel...
Watch video
Digital Currency - Another Tech Bubble Waiting To Burst, Or Game Changer...
In 2017 the cryptocurrency market has increased seven-fold in value...
Read article
Partnership with Revain
Forty Seven Bank is proud to announce that it has partnered together with Revain — a new generation feedback platform which is based on the ...
Read article
Round table: Cryptocurrencies
Listen to our Chief Financial Officer, Mihails Skoblovs speaking about cryptocurrencieson Radio Baltcom.
Watch video
What is blockchain?
Blockchain is a veritable technological revolution that, in the long run, radically rebuilds financial, corporate and other business areas. Let us figure...
Read article
Establishing a bank — our way
The future belongs to the tandem of banking systems’ operational experience and opportunities brought by the advanced blockchain technologies...
Read article
PSD2 — Age of Fintech
On January 3, 2016, the second payment directive of the European Union, — Revised Directive on Payment Services (PSD2), entered into force...
Read article
Biometrics in banks of the future
The bank card PIN-code has long been the best method to protect the customer’s savings. But it have been jeopardised...
Read article
Smart contracts — a new technological revolution
Smart contracts are contracts based on blockchain technology. There is no need in anybody’s control and participation ...
Read article
But robots, drones and even rockets didn't become headliners of the forum – all attention riveted on unique financial project – a group of enthusiasts presented a bank that would bring together all traditional currencies and cryptocurrencies under one roof.
— Huffington post UK
As of right now, the cryptocurrency market and the traditional money market exist as two completely parallel worlds and it is our mission to unite them, to build a bridge between them
— Huffington post UK
Forty Seven Bank, who propose a new type of hybrid bank to bring fiat and cryptocurrency together under one platform, and offer all the services of traditional banking to users of both – current accounts, savings, sale and purchase, investment, trading, futures, and exchange
— Huffington post UK
Forty Seven Bank – Banking For a Digital Age, Bringing Fiat and Cryptocurrency Under One Roof

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