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A collection of digital market insights, feature releases, and product launches focused on financial services.
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‘Pay by bank’ from Splitwise
- Jun 28, 2024
- UX Limelight
Splitwise offers a comprehensive suite of features, including expense tracking, group expense management, bill splitting, and debt settling, making it a versatile tool for managing shared costs. Splitwise boasts over 10 million active users worldwide, reflecting its widespread adoption and popularity. The app fosters high user engagement, with many users relying on it daily to manage and settle expenses, underscoring its value as an essential financial tool.
Zero Fee Investments with Prosper
- May 08, 2024
- UX Limelight
In late 2021, Prosper was founded and initially funded by its founders until March 2022, when it secured its first angel and institutional investors. Since then, the company has achieved significant funding milestones, including a successful crowdfunding campaign that raised over £1m, adding to the £3.2m raised from notable fintech figures like Tom Blomfield and Matt Cooper. Prosper launches with an exclusive invite-only public offer, featuring zero platform fees and zero transaction fees until reaching £20m in funding.
International Payments with a Zing
- Feb 06, 2024
- UX Limelight
Zing (part of the HSBC Group) officially launched in the UK in January 2024 providing users with a “Worry-free international money app and multi-currency card.” Zing is targeting international users including expats, frequent travellers, and investors with a digital banking proposition that allows users to hold and convert up to 10 different currencies, send money to 30+ countries and spend in over 200 countries.