Money management app Money Dashboard has released integrations with three new account providers - Revolut, Chip and Marcus by Goldman Sachs.
The integrations help consumers track spending and progress towards their savings goals in real time. Money Dashboard is the first UK personal finance app to release an integration with Revolut and follows the recent integration with cryptocurrency platform Coinbase.
Users can connect their various accounts to Money Dashboard, allowing them to see how much they’ve saved and spent, set budgets and plan for the future - no matter who they bank with, with Money Dashboard connecting to over 60 financial institutions, including challenger banks Monzo and Starling. Money Dashboard is leveraging Open Banking, a government initiative implemented to free up the way consumers share their financial data with regulated third parties.
With millions of people in the UK now connecting to these apps and using them on a daily basis, Money Dashboard believes that ongoing fintech collaborations are clear evidence of growing disruption in the UK’s consumer finance market.
Steve Tigar, Money Dashboard CEO said: “We’re on a mission to help people master their money by making it easy to manage all the accounts they hold and see them in one place. The growing popularity of fintech apps is a positive sign for what’s to come in Open banking and it’s exciting to be working with other ambitious fintechs to deliver better solutions for users.”
Money Dashboard launched a crowdfund on Crowdcube earlier this month, raising over £2 million in the first 24 hours. Last month, the personal finance app hired former Revolut chief financial officer Peter O’Higgins as CFO.