sync., TrueLayer extend partnership to cover Germany, Lithuania
By Sunniva Kolostyak
sync., the digital smart open banking app, has extended its collaboration with financial infrastructure provider TrueLayer to provide services to Germany and Lithuania, expanding its European coverage.
sync., which launched in the summer of 2020, aims to manage every aspect of the users’ financial life and help them budget, spend and track money in one place, offering a unique user experience as a money management platform with tailored insights.
By using TrueLayer’s Data API, users can already consolidate Spanish, French and Irish bank accounts in one place, while the expansion means German and Lithuanian banks will be included as well.
Currently in beta, the expansion includes German institutions Comdirect, Commerzbank, Deutsche Bank, ING-DiBa and Sparkasse, as well as Lithuanian banks SEB Lithuania and Swedbank.
Announcing the extension, Ricky Lee, CEO and Co-Founder of sync., said: “This latest expansion means that our customers can connect even more of their accounts into sync. to see all their money, all the time. As well as continuing to expand open banking across Europe, new sync. customers in Qatar will be able to connect their local banks in sync. very soon.”
sync. accounts can be easily topped up directly in the app with simple transfers from linked accounts, without logging into the other financial institutions’ apps. This expansion is a further step towards sync.’s ultimate goal of helping customers across Europe budget, manage and track their money from one dashboard, as one seamless experience.
TrueLayer provides the financial connectivity through open APIs. Jamie Morton, UK Country Manager at TrueLayer, commented: “We’re delighted to continue our collaboration with sync. and support the latest phase of its European expansion. Having already launched in France, Ireland and Spain, the addition of German and Lithuanian banks is a further step towards sync.’s ultimate goal of helping customers across Europe budget, manage and track their money from one dashboard, as one experience.”
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