Nummo, a personal financial management platform based in Switzerland, announced on Tuesday it is set to offer access to savings accounts through Deposit Solutions’ platform.
“With the help of Deposit Solutions, Nummo will be going beyond the standard features of budgeting, retirement planning and debt repayment to offer a marketplace for deposit products. By connecting to Deposit Solutions’ platform, Nummo will enable its users to choose from a variety of FDIC insured third-party bank deposit products with the convenience of not having to open multiple accounts.”
Speaking about the collaboration with Deposit Solutions, Roi Tavor, Co-Founder and CEO of Nummo, stated:
“This new offering is pivotal to continue to help our users improve their financial health. Ease of access to a much wider array of financial services is being made possible through open-architecture marketplaces and we are at the forefront of this rapidly expanding industry. With Deposit Solutions’ technology underpinning our ability to offer bank deposit products, our users will benefit from a competitive new product line.”
As previously reported, Nummo describes itself as a personal financial management platform that empowers its users to live better by helping them manage, maintain and improve your financial health.
“We consolidate and analyze your financial situation. We help you understand your finances and provide you with conflict-free options to choose from. Lastly, we give you the tools to better understand your personal finances and optimize them. We do this through consolidation, analysis and financial education – empowering you to live better.”