Digital wealth administration platform Unifimoney on Wednesday (Jan. 5) made its debut within the Q2 Innovation Studio by making its buying and selling platform pre-enabled to greater than 450 monetary establishments (FIs) on the Q2 digital banking platform.
FIs can now give their clients single sign-on entry to the Unifimoney platform, which incorporates 1000’s of shares and ETFs, greater than 50 cryptocurrencies and treasured metals together with gold, silver and platinum.
“Banks and credit score unions are on the lookout for methods to draw and retain a brand new technology of consumers,” mentioned Ben Soppitt, CEO of Unifimoney, within the company announcement. “As customers embrace digital investing and cash administration, regional banks and credit score unions should search to not simply sustain with fintechs and ‘Large Model’ banks however outcompete them.
“We’re thrilled to be a part of that future and to have our digital wealth administration answer built-in to the Q2 platform,” he mentioned.
FIs and Q2 FinTech companions can use the Q2 Innovation Studio suite of applied sciences and packages to design, develop and distribute digital banking merchandise, companies and options. The Q2 Market and Associate Accelerator Packages permits FIs to pick out and deploy pre-integrated apps with out investing in improvement and implementation sources or an analysis course of.
In October 2020, Unifimoney teamed up with Singapore FinTech startup Nium for real-time cash transfers throughout the globe, providing Unifimoney clients an enhanced, expanded cash switch expertise in actual time.
Nium’s international switch capabilities give Unifimoney’s clients a safe, automated answer to handle their financial savings, investments and expenditures by means of the Silicon Valley-based neobank’s platform. Cash might be despatched to main hubs in Europe and Asia utilizing the app, and the FX price is decrease than that of banks.
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