Evangelist and motivational speaker Nick Vujicic has announced that his new faith-friendly online banking service will finally be opening in November after years of planning.
Vujicic got the idea to launch a financial service that’s friendly to conservatives after he was suddenly debanked about five years ago because he was supporting the pro-life cause.
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“I got kicked out of a bank with no warning. They froze my credit cards, froze my debit cards,” he said. “They gave me a letter to say that they did a review of me as a client and they don’t want anything to do with me.”
The new project, ProLifeFintech, is an institution that will “honor God first, serve the people who use our fintech platform, and always choose to support life…All life,” according to its website. (Fintech is another term for online banking.)
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The new financial organization’s plan is to give 50 percent of its net profits to Judeo-Christian-aligned nonprofit organizations.
As CBN News has reported over the last couple of years, multiple conservatives have been targeted by financial institutions at home and abroad.
Last year, Barclays Bank in the UK ended up paying nearly $17,000 for closing a Christian charity’s account after a three-year legal battle in which it was alleged the bank caved to LGBT activist demands.
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Reprinted with permission from cbn.com. Copyright © 2024 The Christian Broadcasting Network Inc. All rights reserved.
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