British money management chatbot Plum has launched an investment tool that lets users choose where their money goes. (more…)
PFM/PFP services
Category
BNP Paribas Fortis signs deal with Swedish PFM startup Tink
BNP Paribas Fortis in Belgium has struck a deal with Tink to incorporate the Swedish firm’s account aggregation service into the bank’s mobile app. (more…)
Plum launches Fee Fighter tool to help consumers tackle excessive bank fees
Today, Plum, the automated money management chatbot, has launched Fee Fighter, a free tool that enables users to check exactly what fees they are being charged by their banks. (more…)
Standard Chartered to implement Moneythor PFM platform
By Moneythor
Moneythor, the technology company providing financial institutions with a digital banking toolkit powered by artificial intelligence (AI), has been selected by Standard Chartered to further advance personalisation and engagement in its digital services. (more…)
Personal finance bot Cleo adds charity donation option
AI-based personal finance chatbot Cleo has introduced a one-click charity giving feature designed to appeal to young Brits who make donations on an ad hoc basis. (more…)
Money app Yolt hits 100,000 UK users in less than six months
By Yolt
Yolt, the money app owned by ING, has reached 100,000 registered app users in less than six months of Open Beta in the UK. (more…)
Emma launches closed beta
By Emma
December, 2017 – London-based Emma Technologies LTD has started rolling out invites to join its closed beta. After successfully releasing Emma, an app for Android and iOS, the company has given priority access to the thousands of users who signed up on the website. (more…)
Moven builds AI into latest app upgrade
By Moven,
Today, the team at Moven is releasing the latest update to their financial wellness platform. The release will be available in the Google Play and App store in the United States, as the team gears up to roll out the innovations for their global bank partners. (more…)
Habito, an app that helps you find the right mortgage, raises £18.5M Series B led by Atomico
By Steve O’Hear for TechCrunch
Habito, a London startup that is bringing the entire mortgage process online, has raised £18.5 million in Series B funding. Atomico, the European VC firm founded by Skype’s Niklas Zennström, led the round, with participation from existing investors Ribbit Capital, Mosaic Ventures, and Revolutionary (Ad)Ventures. It brings the total raised by the U.K. company to just over £27 million. (more…)
MoneyLion’s redesigned app gives personalized financial advice and instant access to personal loans
By Ryan Lawler for Techcrunch
Personal finance management app MoneyLion was created to help users save money, reduce debt and improve their credit. Today the app is being updated to provide users with more personalized information about how they can improve their financial health, as well as even faster access to personal loans. (more…)
Micro-investing app Acorns moves into PFM territory
By Acorns
Micro-investing app, Acorns, today launched ‘My Finances’, a new feature for Australian customers that helps them better understand and control their spending habits. (more…)
Banking tech platform Meniga secures €7.5 million in new funding
Digital banking technology startup Meniga has announced a funding round of €7.5 million from Industrifonden. Velocity Capital, Frumtak Ventures, and Kjolfesta also participated. (more…)
Digit will charge $2.99 per month to save you money
By Khari Johnson for Venture Beat
Savings service Digit announced today that it is ending its free service, and in the next 100 days will begin to charge customers $2.99 monthly subscription fee. Using an algorithm that tracks your spending habits, Digit withdraws money over time and puts it in a savings account. (more…)
Facebook Messenger AI assistant offers payments suggestions
Facebook has revamped its AI assistant for Messenger, M, letting it butt into conversations about payments to offer help with sending and requesting money. (more…)
Monzo attracts largest-ever crowd for £2.5 million round
Digital challenger bank Monzo has completed its £2.5 million crowdfund raise, attracting a record-breaking 6500 investors to the funding round on Crowdcube. (more…)
Clarity Money raises another $11 million to help users improve their financial health
By Ryan Lawler
Founded by serial entrepreneur Adam Dell, Clarity Money makes a personal finance app that aims to help users lower their monthly bills and improve their financial health along the way. Just three months after launch, the company is announcing another $11 million in funding from RRE Ventures and Citi Ventures. (more…)
New Artificial Intelligence Service Plum Enables Consumers to Automatically Save, Invest & Earn More Interest on Money
By LTP Team
- Plum brings artificial intelligence (AI) to savings and investments enabling people to automatically put money aside every couple of days.
- Plum exists to solve UK’s £350bn savings black hole.*
- Its new partnership with RateSetter allows consumers prepared take on risk to earn a higher rate of interest – the average return earned by RateSetter investors to date is 4.7%.
Invisible PFM Will Transform Banking As You Know It
By Finextra
Personal Financial Management (PFM) has evolved greatly since its birth in the early eighties. Originally developed to bring money management into what was then a widespread technological shift to the nascent personal computer age, PFM has since become a sophisticated means of managing your money. (more…)
FinovateEurope 2017 Best of Show Winners Announced
By
After two days of live demonstrations of some of the most novel innovations in fintech, our FinovateEurope audience has made its voice heard as to which technologies represent the Best of Show. (more…)
Moven Announces UK Launch During FinovateEurope 2017
By LTP
Finance help app, which is aimed at millennials and anyone else who wants to better monitor their spending, takes just four weeks to launch its UK app (more…)
Innovation under the hood will rev the engines of a fintech revolution
By Matt Heiman for TechCrunch
When the internet was first created in the 1970’s and 1980’s with the introduction of the ARPANET its early years were focused on the development of infrastructure and protocol — beyond the knowledge and far away from the consciousnesses of the general public. (more…)
Miss Kaya Launches Robo-Advisor for Women in Asia
Miss Kaya claims to the first licensed robo–advisor in Singapore (really true?), with Marvelstone Capital as its fund management company. Currently available to high net worth individuals, the plan is to be accessible to retail investors in the near term. (more…)
PFM Clarity Money claims 40,000 downloads within first week of launch
By Finextra
One week after the launch of Clarity Money, a revolutionary personal finance app, it is now a “featured” personal finance app on the Apple App Store with over 40,000 downloads thus far. (more…)
Fintech Philippines Infographic
Do or die: Robo-advice & Psychometry What drives wealth management winners in 2020?
By Diederick Van Thiel for Finextra
The wealth management challenge
The high net worth individual population globally grew to 15.36 million people in 2015. The global assets under management also grew to $ 58.7 trillion. Private banks globally however experience a disruptive change in their markets. (more…)
