In less than a year since launch, the personal finance app Yolt has cleared a sizeable milestone in user acquisition.
Announced today, personal finance manager Yolt has reached 250,000 registered app users since lauching in June 2017.
Owned by Dutch bank ING, Yolt allows users to manage their finances by enabling them to view all their accounts and credit cards in one place, as well as providing spending categorisation, budgeting tools and deal finding.
“It’s been an exciting year at Yolt. Having reached 100,000 users in the first six months, we are thrilled to have now reached 250,000 registered users in an additional three months,” said Frank Jan Risseeuw, Yolt CEO.
“We couldn’t have achieved this milestone without the feedback and suggestions from our brilliant Yolt community. We endeavor to listen to each and every one of our users as we continue with our aim to be the only money app that you need. We want to do all the hard work for our users, so they can get on with enjoying their lives.”
The news follows Yolt’s latest integration with digital bank Monzo, and a slew of integrations with CMA9 banks like RBS and Lloyds via the Open Banking API frameworks. Open Banking itself has slowed down in recent months, with many of the CMA9 not yet ready to release full access to their own APIs despite the last deadline passing at the end of March.
The UK's oldest and best-loved conference for fintech and alternative finance insiders returns for its sixth iteration at etc.venues. We'll showcase the best of the UK's digital banking, online lending and digital wealth sectors through a series of uniquely in-depth discussions and presentations. Open Banking will be in full flight, just over a year on from its launch, and will be a central theme at the event.