By launching personal finance app Grip, ABN AMRO addressed two of their customers’ most pressing requests: understanding where their money went, and getting the tools to better manage their spending.
When the Dutch bank found that 50% of the customers they surveyed were all asking for the same thing – a better tool for managing their money – investing in a PFM (personal finance management) app became a no-brainer. So they looked for a partner with extensive experience in the field.
With the help of Tink, ABN AMRO was able to have a first prototype of their app ready within 90 days. Today, 670,000 of the banks’ customers are using Grip to better manage their finances, making it the #1 personal finance app in the Netherlands.
You can see the full case below, or download it as a PDF.
What makes open banking such a good match for invoice settlement, and how can this product-market fit help lead to mass adoption? We take a look at a use case to find out.
Lumify partners with Tink to improve customer experience. With the help of open banking, Lumify has cut loan application processing time by more than half – with a 40% increase in success rate. Here’s how.
Payment and invoicing platform Mobify wanted to expand their offering and give Finnish consumers an even more comprehensive – and personalised – finance management experience. Here’s how they’re partnering with Tink to do it.