Rakons offers mobile banking solutions to customers in the European Union . It provides international money transfer, investment, overdraft, and cash withdrawal and deposits at stores. Rakons is a financial services company that specializes in mobile banking, card payments, money remittance, and foreign exchange. It is on a mission to build a fair and frictionless platform to use and manage money around the world. Philippe Monakhov founded Bankesco in December 2020, with its headquarters in Strasbourg in France