Wealthify selects ClearBank as its embedded banking partner to launch new savings account
In brief:
- ClearBank's partnership with digital investment platform Wealthify, has enabled the company to launch its first Instant Access Savings Account.
- Founded in 2016 and backed by Aviva, Wealthify is an app and web-based wealth platform which in addition to its savings account offers a range of investment products
- All sterling client funds with ClearBank are held at the Bank of England, eligible funds held in a Wealthify savings account can be protected by the FSCS up to £85,000.
What does this mean?
“The way people save has evolved rapidly over the last decade. People want more from their money, and choices during different economic conditions, and we’re thrilled to provide it to them. Wealthify’s savings account – powered by ClearBank – offers speedy setup, a great rate, and the ability to see savings and investments all in one place – a holistic view of your finances, at your fingertips.” said Andy Russell, CEO, Wealthify.