LivQuik & Coupl to simplify finances for couples with shared expense management
By Gloria Mathias
LivQuik, a payment instrument issuer offering payment capabilities across enterprise, issuing, and acquiring has announced its partnership with Coupl to issue India’s neo-banking experience designed exclusively to meet the payment needs of couples.
Coupl simplifies financial management for young couples by providing an easy-to-set-up joint account linked to a mobile app, the offering also comes with two linked RuPay cards under a co-branded arrangement with Coupl. The mobile banking app facilitates seamless bill payments for utilities, including electricity, broadband, gas, water, and rent, among others, through the Bharat BillPay system.
Additionally, it offers a comprehensive suite of analytics features to assist users in tracking their shared expenses, such as monthly expense tracking, card-specific tracking, and category-wise expense monitoring. Coupl is built in partnership with LivQuik, RuPay and Bharat BillPay.
Srinivas Sarkar, Co-Founder and CEO, Coupl, says “India’s financial landscape has evolved, but traditional banking has not kept pace. Conventional joint accounts are still predominantly accessible only to married couples and immediate family members. Coupl breaks away from this norm, allowing any couple, regardless of their marital status, to open a joint account. Our app defies traditional gender norms, enabling anyone to establish a joint account with their partner. We’re very happy to partner with LivQuik to bring this product to life and are confident about a long-standing relationship.”
Rajesh Wadhwa, CEO, LivQuik, says “Today’s millennial audience demands a 100% digital onboarding experience. With Coupl, you can open a joint account in under 60 seconds via the Coupl mobile app. In the post-pandemic world, neobanks represent the future for younger generations and we are happy to partner with Coupl as the issuer for this innovative product.”
With Coupl, couples can bid farewell to the hassles of splitting, tracking, and settling shared expenses. Instead, they can begin the month by pooling their resources into a shared account and enjoy hassle-free spending from this consolidated fund.
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