How a Captured King's Ransom Invented Banking
Medieval Europe

How a Captured King's Ransom Invented Banking

A kidnapped king and a prisoner's debt produced a financial instrument so elegant it ran Western Europe's economy for three centuries.

Read the full story in the app

Untold Archives: one untold history story, every morning.

Download on the App Store
Medieval EuropeFranceEnglandMedieval FinanceBanking HistoryHundred Years WarTrade and Commerce14th Century

History is full of stories like this one.