Beyon Money launches Flexi Savings in partnership with SICO
By Gloria Methri
Beyon 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.
IBSi FinTech Journal
- Most trusted FinTech journal since 1991
- Digital monthly issue
- 60+ pages of research, analysis, interviews, opinions, and rankings
- Global coverage