Before the two fintechs joined forces, BUX Zero’s customers had to fund their investment accounts via bank transfer.
The two fintechs have extended their current offering to enable BUX Zero users to add money to their accounts more easily in both France and Austria.
Nick Bortot, founder and CEO of BUX, said: "Efficiency and high usability are the core of BUX Zero, which we clearly prove by integrating the Yapily API. We are constantly looking for innovations to make the investment experience of our digital native customers even easier.”
“This new generation of investors needs an investment experience that fits their mobile lifestyle. BUX Zero is the first choice for these investors because it offers the right solution for this target group.”
Before the partnership, BUX’s customers in France and Austria funded their accounts via bank transfer, with the funds often taking one working day on average to arrive.
Stefano Vaccino, CEO of Yapily, added: “Drawing on our open banking expertise, we have rolled out connectivity in three countries - Germany, France and Austria - which allows regional Bux Zero users to receive a better in-app experience.”
“Across Europe, we have seen an increasing demand to provide robust infrastructure to support our customers in rolling out the benefits of open banking beyond their native market. We look forward to continuing our work with Bux across Europe.”