Moneyhub launches new saving and investing features on its platform

Friday 8 October 2021 10:38 CET | News

Open finance platform MoneyHub has launched Challenges and Sweeping features for consumers to set financial goals and optimise their money.

The new sweeping feature is a response to client demand and public awareness of Open Finance, with a survey from The Investing and Saving Alliance reporting that 91% of participants were interested in using an Open Banking app.

Wealth managers, pension providers and other financial services clients of Moneyhub can use these 'Challenges' and 'Sweeping' tools to enable their customers to move, or 'sweep,' money between their accounts. Moneyhub allows sweeping into any account that has an account number and sort code or an IBAN number.

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Keywords: mobile banking, Open Finance, Moneyhub, product launch
Categories: Banking & Fintech
Countries: United Kingdom
This article is part of category

Banking & Fintech