Banco Galicia to offer personal finance services through Strands deal

Argentinian bank Banco Galicia has integrated the personal finance management solution from Strands to improve banking services for customers.

Its new tool will be available to all its systems and will supply customers with better services to manage their finances.

Strands builds a range of FinTech solutions to banks in a bid of boosting their digital services. Its personal finance management solution is driven by AI technology and empowers banks to offer custoemrs tools for financial goals, planning and budgeting, account aggregation, transaction categorization, and spending analysis.

Banco Galicia digital channel manager Fernando Giannoni said, “With this new application, we analyze all the income and expenses information, giving the user the possibility to better understand how he spends his money. For example, we help our customers to have all their consumptions sorted on the cell phone, since it automatically groups the expenses into categories so that they can be better managed.”

Last year, Strands partnered with Mastercard to launch a digital cash management platform for SMEs. Working together, the companies offer issuing banks an integrated platform for digital cash management and payment tools to service SME clients.

Copyright © 2019 FinTech Global

Enjoying the stories?

Subscribe to our daily FinTech newsletter and get the latest industry news & research


The following investor(s) were tagged in this article.