Bankin lets you save money on Yomoni

Startups

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French fintech startup Bankin is partnering with one other fintech startup, Yomoni. Bankin brings all you your financial institution accounts collectively in a single, unified interface. It’s a kind of Mint, however for the French market.

Bankin additionally competes with one other app that I coated simply a few days in the past, Linxo. Each of them need to turn into the particular monetary hub to get an summary on all of your accounts, transfer cash round and extra. All of them dream about turning into the last word banking app to rule all of them.

And Bankin has already began morphing past a easy strategy to examine all of your accounts. You possibly can already switch cash between a number of accounts with out ever leaving the app. Whereas solely a handful of banks at present help this function, I’m positive the corporate is working onerous on including extra banks.

Beginning at the moment, Bankin customers may also get a notification within the notification tab (“Coach”) about ideas to economize. In the event you faucet on it, it provides you ideas in addition to a button to get recommendation. It then tells you to open an account with Yomoni to economize.

Yomoni is a robo-advisor startup. It manages a portfolio of shares and bounds for you over a number of years. You possibly can open a Yomoni account straight from the Bankin app. Bankin is already eager about letting you switch cash to your Yomoni account immediately from the Bankin app.

Yomoni can also be paying Bankin because the monetary hub is referring new customers. There's an preliminary signup referral payment in addition to some recurring income. That is an fascinating integration and I hope there shall be extra like this sooner or later.

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Featured Picture: Brian A Jackson/Shutterstock

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