Online investment service Wealthify has partnered with Yolt, a budgeting app, enabling its customers to view their investments within the Yolt app.
It shows users’ live investments alongside other financial accounts including: bank accounts, credit cards, savings accounts and even pensions. The service aims to create a “new era of empowerment for consumers”, allowing them to have an overview of their money in one place.
Frank Jan Risseeuw, chief executive of Yolt, highlighted his excitement at partnering with Wealthify and “providing users with seamless access to an investment tool”.
Michelle Pearce-Burke, co-founder and chief investment officer of Wealthify added: “App-based, Open Banking architecture is one of the most significant and exciting developments in retail banking in the past 10 years and promises to bring transformational changes to the way people manage their finances day to day over the next decade.
Backed by Aviva, Wealthify is a fully online investment service. Established in 2016, Yolt now has over 500,000 registered users.