Money app Yolt launches open beta in Italy and France. It’s part of ING strategy „to disrupt banking by growing fintechs our own”
This follows on from launches in Italy in September 2018 and France in October 2018 when users got exclusive early access. The beta launch for the UK was in June 2017.
Frank Jan Risseeuw, CEO, Yolt, praises the early bird users: “It’s their helpful feedback, suggestions and ideas that have allowed us to tweak Yolt and make it available for everyone across all three markets.”
The app lets users view their accounts, credit cards, pensions and investments in one place, allowing them to “unthink money”.
Yolt, a venture of ING Bank, was born in 2016 and created all its systems in-house from scratch.
„It’s no secret that we’re making our way across Europe, first with Italy and France. Thanks to PSD2, you’ll be able to sync accounts from various countries and currencies– together in Yolt.”, as is written on the company’s blog.
Benoit Legrand, Chief Innovation Officer of ING Group, added: „This is an important milestone for Yolt, as this platform is now being taken to multiple countries. It shows once again our proven ability to disrupt banking by growing fintechs our own, next to innovating by partnering with more than 150 fintechs.”
Yolt launched in the UK in June 2017 and have quickly sped to 500,000 registered users in less than 18 months.
For an insider’s view of what it’s like to build the app from the ground up follow this link – interview with Roderick Simons, CTO at Yolt.
Anders Olofsson – former Head of Payments Finastra
Banking 4.0 – „how was the experience for you”
„So many people are coming here to Bucharest, people that I see and interact on linkedin and now I get the change to meet them in person. It was like being to the Football World Cup but this was the World Cup on linkedin in payments and open banking.”
Many more interesting quotes in the video below:
