By Aisling Finn on Thursday 16 July 2020
sync. aims to be the latest challenger to break into the digital banking space following its imminent launch.
Global Processing Services (GPS) has today announced that it has partnered with new fintech sync. to power its debit cards.
Customers of the new banking service will be able to open multi-currency accounts in the currency of their choice, with over 30 on offer, and aggregate all their other banking accounts in one app.
Joanne Dewar, CEO of GPS, said: “GPS is excited to support the launch of sync. in the UK. As the PayTech PioneerTM, GPS prides itself in working with innovative UK brands such as sync. to continue to push the world of financial services into the future.”
“sync. offers a unique app that harnesses the true benefits of open banking, and we strongly believe that it will lead the new wave of challengers seeking to disrupt the status quo.”
GPS will enable sync. to officially launch in the UK and Europe, allowing its users to spend money both at home and abroad.
Ricky Lee, founder and CEO of sync. and previous head of product design and strategy at Revolut, said: “At sync., we believe everyone should have quick, easy and universal access to cost-effective financial services.”
“Working with GPS will ensure we are pushing the boundaries and allowing all UK and European residents to experience a new way to manage their finances.”
Through strategic partnerships, like the one with GPS, sync. hopes to create an “all-in-one hub” where users can manage their finances such as savings accounts, credit cards and mortgages in the one place.