The app goals to vary from main challenger banks by not specialising in a single space, like cash administration, journey/foreign money exchange or funds. As an alternative, it is an all-in-one service that helps customers with all their monetary wants.
Their final aim is to assist prospects funds, handle and observe their cash, in a single place, providing a singular consumer expertise as a cash administration platform with tailor-made insights. Whereas they encourage customers to maintain their present accounts with conventional banks, the sync. app will likely be a method to handle their whole monetary life in a single app. It does this by leveraging Open Banking, permitting customers to attach all their debit and credit score accounts, loans and mortgages, alongside their very own sync. X card, powered by Mastercard. The app’s options will embrace creating and holding cash in a GBP and/or EUR present account, opening 30+ foreign money accounts with fast foreign money exchange, cash transfers, debit card funds, and worldwide on the spot digital funds (Peer-to-Peer & QR code).Safety is a giant focus for the start-up. They provide disposable on-line playing cards alongside the bodily sync. X card. The safety code (CVC quantity) shouldn’t be printed on the bodily card and may be modified an infinite variety of occasions by the app, giving customers an additional layer of safety if their particulars are stolen. Ricky Lee, CEO and Founding father of sync., stated: “We’re excited to open our app for customers throughout Europe to check. We have now been growing sync. for 18 months, and we at the moment are able to scale up and compete with the foremost challenger banks.” sync. additionally lately introduced it had closed a £5.5m funding spherical.Discover out extra at www.sync.cash or obtain the app for iPhone, Android or Huawei. PR Contact:Lisa Preece, PR Supervisor [email protected]SOURCE sync. Associated Hyperlinks https://sync.cash/