Source: Money Dashboard
Savings-savvy Brits will now have access to a personal finance ‘super-app’ as the UK’s Best Personal Finance App and the Best British Bank join forces.
Personal finance management tool Money Dashboard and challenger bank Starling - both winners at the 2018 British Bank Awards - have integrated following a surge in popularity of apps that help consumers improve their financial lives since the launch of Open Banking in January.
The decision was underpinned by strong demand from users of both Money Dashboard and Starling, who highlighted their desire for the two independent fintechs to partner.
As well as being able to add their Starling account details to receive a real-time view of transactions and Savings Goals, Money Dashboard users will also be able to use a planner to forecast the balance of their Savings Goals into the future to see exactly when they will reach their target.
Jossie Ellis, head of growth for Money Dashboard, said: “We’re constantly searching for trends and changes in consumer behaviour that affect the way people do their banking.
“As we continue to evolve towards the increased digitisation that comes with Open Banking, our integration with Starling just makes sense. It improves user experience, allows an ever-increasing proportion of the population to utilise the app to its full potential and will see more people than ever before meet their savings goals.
“This is just the first step in many digital banking integrations that will help future-proof Money Dashboard at what is a really exciting time for banking as Open Banking continues to disrupt the market.”
Megan Caywood, chief platform officer at Starling, said: "We built an open API at Starling to give consumers more choice and freedom with their money, and this integration with Money Dashboard is an example of how we continue to fulfil this promise to our customers.
“We’ve taken a further step in our integration with Money Dashboard by offering users access to our Savings Goal tool which will help customers take control of their finances.”