Cash deposit platform Flagstone is partnering with Saga, which specialises in products for people over 50, on a new savings platform.
In brief:
-Using Flagstone’s fintech platform, Saga customers can manage their savings across accounts in one place
-‘Saga Savings Platform’ will offer customers a choice of accounts across terms ranging from one month to seven years from a number of fixed rate savings account providers.
-Through the collaboration with Flagstone, customers will be able to easily access and view their accounts, moving money between them in one app.
What does this mean?
“Through this partnership, Saga can look forward to providing their fixed-term savings customers with the sort of fast, flexible access they want, to not just one but a whole range of competing savings accounts that make their money work harder.” Flagstone co-founder and CEO Simon Merchant said.