Yolt, the Smart Money Management App, just got Smarter

A series of new features gives users more ways to ‘unthink money’

Yolt, the money management app owned by ING, has released a series of exciting new updates today, following its launch to the app stores in June.

Bringing the UK market one step closer to Open Banking, Yolt lets users view their accounts and credit cards in one place. This allows Yolt users to unthink money as they are able to see exactly where they spend their money, set budgets and plan for upcoming expenditures.

Yolt has also launched a new partnership with money transfer comparison platform, Moneytis.  This exciting addition to the Yolt platform means users will be offered the option to compare ways to transfer money worldwide and look for these deals directly in the Yolt app.

Following feedback from its users, Yolt has improved the app’s spending categories and extended them with the most requested ones.  A new option to tag will allow users to hashtag a transaction with anything they wish and add spending notes to individual transactions. These updates will allow Yolt’s users to manage their money and budget more effectively.

Android users will have one further, often requested, update to the Yolt app.  From today they will be able to use a fingerprint login, giving them an extra level of convenience.

Frank Jan Risseeuw, CEO, Yolt, said:

“Yolt users told us they wanted more options to track their spending – so we’ve added more spending categories to the app and a tagging option. This provides convenience, speed and customises the Yolt experience for every user. We know that everyone has their own individual habits and routines when it comes to saving, spending and budgeting and we want to provide the options to make money management a simple and enjoyable experience.

“We are equally excited about Yolt’s partnership with Moneytis, which allows users to effortlessly compare and transfer money worldwide.

“Enabling people to save time and enjoy life more is at the heart of what Yolt is all about – and these updates do just that, challenging the status quo of money management and taking away the pain of managing finances. Yolt is already working on our next wave of propositions and enhancements, and we can’t wait to offer these to our users.”

Etienne TATUR, CTO & Co-founder at Moneytis, says:

“We believe that finance projects are bricks that can be put together to create flawless experiences and more value for the customer. The partnership with Yolt is perfectly aligned with our vision as we believe the Yolt team can provide a great experience for the user while using our platform in the backend.”

New Yolt features at a glance

• Partnership with Moneytis for international Money Transfers! Compare providers and send money abroad.
• Fingerprint login for Android device users
• Nine new categories including Coffee, Lunch, Education, Charity, Drinks, Investments, Internal, Income and Expenses
• #Tagging – users can tag and filter their transactions with anything they like
• Spending notes – users can add details to individual transactions
• Budget improvements – users can now track their budgets elsewhere in the app