There are several platforms out there that are making the fintech space more accessible and convenient to the general public. Lanistar and Monzo are such platforms that are bringing financial convenience to their customers in unprecedented ways.
The Role of Fintech in Finance Management
Management of personal finances has gone up several notches over the past few years. With the accessibility that a smartphone provides, the fintech tools have taken the route of technological development that allows users to access their finances at any given point in time using their mobile devices. The central philosophy of fintech development is immediate convenience but has extended into a lifestyle choice.
Hence, the new fintech apps and digital platforms such as Lanistar and Monzo are offering features that offer not just ease of managing finances but have an additional benefit of rewards that add an element of a lifestyle upgrade.
Lanistar Launches in UK and Brazil
After the UK, Lanistar successfully launched its highly acclaimed polymorphic payment cards in Brazil. Lanistar is a fintech services company that harnesses the reach of social media to reach a wider base of customers.
The polymorphic cards from Lanistar work on an exclusive technology that allows users to stack up to eight of their cards onto a single Lanistar card. All the payments are processed through Mastercard and are accepted as a payment method by nearly 38 million payment outlets across the countries it functions in.
Moreover, the platform offers multilingual support and competitive exchange rates which further lets users make transactions in different currencies. Hence, Lanistar aims to make finance a globally inclusive and accessible aspect of its users life. Keeping up with the said spirit, the platform intends to expand its functionality to countries such as Portugal, Spain, Colombia, Argentina, etc by the end of 2022.
Monzo Revolutionises Managing Personal Finances
Monzo is another great tool to manage and organise personal finances. The platform is gaining popularity with every passing day. Monzo is a challenger bank with zero physical branches that offers a comprehensive current account, integrated savings accounts, and personal loans. It allows users to manage their multiple bank accounts through the Monzo app.
With features like constant notifications and customised advice, Monzo ensures that the customer is mindful of their every financial move. This eventually builds conscious monitoring of personal finances which helps the user to be financially healthy in their long-term day-to-day practices. It is being actively used for budgeting and as a reliable payment tool when travelling across countries, given the ideal exchange rates offered.
Monzo and Lanistar are a few of the several fintech tools in the market. However, these are the tools that are making the biggest impact in modern-day finance management. The companies are armed with a strong research and development team that is driven to offer the best features to its customers. With a little personal research, you could pick a tool that best suits your lifestyle and financial goals.
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