Mbanq: Bradford will be a 'big part' of US company's expansion plans

Bradford City’s latest campaign has led to “lively conversations” in Seattle, Montenegro and Cambodia – according to the CEO of a multinational company.

Earlier this year it was announced that City had signed a three-year partnership with US fintech infrastructure specialists Mbanq.

As well as supporting the club, the Washington business announced that it would be expanding its UK operations into Bradford in the near future.

Founded in 2016, Mbanq has grown into a global provider of regulated banking infrastructure, supporting organisations across the United States, Europe, and Asia.

Bradford City manager Graham Alexander (Image: Jonathan Gawthorpe)placeholder image
Bradford City manager Graham Alexander (Image: Jonathan Gawthorpe)

It has offices across the globe.

The partnership came at an exciting time for both Bradford City, with the club having recently been promoted to League One, and performing beyond expectations this season, and the city itself, which had just come out of its year as City of Culture.

The Local Democracy Reporting Service asked Mbanq if there had been any progress in its plans to open a new office in Bradford.

While the company said it was too early to give any details of its planned expansion into Bradford, they said the club and the city had so far proved “fantastic to work with.”

Vlad Lounegov, Mbanq CEOplaceholder image
Vlad Lounegov, Mbanq CEO

Vlad Lounegov, CEO of Mbanq, said: “We’ve been hugely impressed by the ambition, loyalty and community around the club and the city itself.

“Bradford finished fourth and was in contention for promotion throughout the season.

“It was very exciting for us to follow the club’s games and experience the momentum around the club.

“What’s been genuinely enjoyable, is how quickly Bradford City has become part of life across our global offices.

“Mbanq team members in offices across the USA, India, Cambodia, Croatia and Montenegro are following the matches every weekend, with particularly lively conversations in our Seattle headquarters.

“That demonstrates the potential strength of the club’s community, even internationally.

“We’re still in the early stages of several UK projects and want to build things properly and carefully.

“There’s a lot being developed behind the scenes and Bradford remains a big part of our long-term plans.”

When the partnership was announced in February, City general manager Davide Longo said it was a “major milestone” for the club.

He added: “A transatlantic deal of this magnitude, with a huge and rapidly developing organisation, is a clear indicator of where we are heading.

“The team at Mbanq has been a pleasure to work with from the outset. Its commitment to the club, the city and the local community has been clear, and there are some genuinely exciting projects ahead.”

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