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Minsait expands its Open Banking product line

Tuesday 1 June 2021 10:36 CET | News

Minsait has signed an agreement with the startup Coinscrap Finance to offer banks and insurance companies in Spain and Latin America products that help their clients to save quickly.

Coinscrap Finance products allow institutions to launch new fintech and insurtech functionalities in less than four months on a tighter budget. Using automatic rules and gamification, the company aims to help customers to attain better without having to alter their normal habits. Minsait’s developments, such as Life Financial Planner (LFP), offer a 360º view of individuals’ financial assets through bank aggregation, enriched with intelligence on non-financial assets (housing and vehicles). 

The Coinscrap and Minsait product combination is aimed at enhancing the latter’s banking and insurance product line and takes advantage of the opportunity of Open Banking to offer better-tailored financial and insurance products. 


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Keywords: Open Banking, fintech, banks
Categories: Banking & Fintech
Companies:
Countries: Spain
This article is part of category

Banking & Fintech






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