back Back

Beyon Money launches Flexi Savings in partnership with SICO

By Gloria Methri

June 08, 2023

  • Asset Management Firm
  • Bahrain
  • BEYON Money
Share

Beyon Money, SICO, Flexi Savings, FinTech, Investment Product, MENABeyon Money and SICO, a regional asset manager and Investment Bank have partnered to launch Flexi Savings, a flexible Investment Product for Beyon Money customers in Bahrain and MENA region.

Flexi Savings, which is available for both Beyon Money Classic and Platinum Card holders, enables customers to grow their earnings every day. Customers can seamlessly place their cash in a high-yield product, starting from as low as BD20, with no upwards limit.

Along with the unparalleled earnings, there are no time commitments and customers have full freedom of withdrawal at any time. Earnings are credited daily and paid at the end of each month.

Beyon Money CEO Roberto Mancone said, “We are delighted to partner with SICO to deliver this first-of-its-kind offering in the local and regional market empowering Beyon Money’s customers to save and earn whilst having access to cash at any time.”

“Flexi Savings is the most innovative save and earn product in the MENA market delivering complete flexibility, the most competitive profit rates, and availability to increase and decrease their investments at any time, and yet still earn a profit,” he added.

SICO CEO, Najla Al Shirawi, said, “We are pleased to partner with the company, leveraging our asset management expertise to expand the array of investment choices available through the Beyon Money app. Together, we can offer innovative investment and savings services with competitive returns to a wider spectrum of individual and corporate clients.”

To access the Flexi Savings product, existing customers will need to update their Beyon Money app and access the “Earn” tab. New customers are invited to download the App to benefit from Flexi Savings and the wide range of other financial services.

Previous Article

June 08, 2023

Circle receives Major Payment Institution license

Read More
Next Article

June 08, 2023

Piper Serica Angel Fund crosses $12m fundraising target

Read More








IBSi Daily News Analysis

cybersecurity

April 18, 2024

Asset Management Firm

GCC banks bolster Cybersecurity measures to combat email fraud

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

April 19, 2024

Wagestream raises $21.8m to expand financial well-being app

Read More

April 18, 2024

Aryza and Dotdigital to elevate customer experience in credit & debt management

Read More

April 18, 2024

Alter Domus goes live on the Temenos Multifonds platform

Read More

Related Reports

Sales League Table Report 2023
Know More
Global Digital Banking Vendor & Landscape Report Q1 2024
Global Digital Banking Vendor & Landscape Report Q1 2024
Know More
Wealth Management & Private Banking Systems Report Q1 2024
Wealth Management & Private Banking Systems Report Q1 2024
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q4 2023
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2023