Credit, collections & insolvency news
Open banking platform, Tink has announced a partnership money saving app Snoop which will enable consumers to gain real-time insights on how to cut their bills, pay off debt, grow their savings and save where they spend.
John Natalizia, co-founder and CEO at Snoop said “Consumers are already having a terrible time of it right now and, with interest rates going through the roof from all-time lows, people with mortgages and debts are facing a very real credit crunch over the coming months. Our aim is for Snoop to be an essential resource for everyone looking to navigate these turbulent times. Working together with Tink means we can provide contextual money-saving insights and deliver a personalised, fast and accurate customer experience.”
Tom Pope, Head of Payments and Platforms at Tink, said “With inflation at its highest in over forty years, services like Snoop are invaluable as the cost of living continues to soar. By providing proactive money management insights, through data that shows consumers where they can save — this is a collaboration that is demonstrating the real-world value of open banking.”
