Emma and Chip collaborate for open banking solution

Edoardo Moreni, CEO, Emma

Open Banking apps Emma and Chip have collaborated in a bid to allow the customer’s track their automatic savings on Emma’s dashboard.

According to the supplier, Emma’s platform provides the customers with analysis of their finances and spending patterns along with features like overdraft predictability.

Chip, like Emma, automatically saves money by analysing spending habits through its AI-powered algorithm. Together, the partnership aims to disrupt the UK’s consumer finance market.

Edoardo Moreni, Emma CEO said: “Emma was built to empower millions of individuals to live a better and more fulfilling financial life. Chip is the next emerging FinTech and we are thrilled to welcome them as an integration. Our users can now manage and track their Chip savings alongside more traditional finances to make wiser and more transparent decisions.”

Emma is a mobile-only solution that helps consumers avoid overdrafts, find and cancel subscriptions, track debt and save money.

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