Wealth Wizards forms open banking partnership with Moneyhub

Financial advisor Wealth Wizards will use Moneyhub Enterprise’s data APIs to provide customers with holistic advice that is backed by real-time consent driven personal data.

Users of the Wealth Wizard chatbot, MyEva, will be able to link their financial accounts to the app. This includes their bank, credit card, investment, savings and borrowing.

MyEva is an automated bot which supplies customers with independent personalized guidance and advice throughout their life. The app aims to help the with financial goals such as clearing debt, buying a house or preparing for retirement.

The Moneyhub and Wealth Wizards partnership is powered through open banking, allowing people to safely and securely to connect their bank accounts.

Andrew Firth, co-founder and CEO of Wealth Wizards, said: “This is a genuine milestone in personal finance. Together with Moneyhub, we are bringing to market a 24/ 7 digital companion that will offer highly personalised guidance and regulated advice based on real-time developments in the financial lives of users. That means it will be there at the very moments that users need it.

“It will not only make advice more personalised for people accessing it directly through apps like MyEva but it will power-up the work of financial advisers using our Turo tool with their clients by making it even more efficient and effective at gathering relevant data.”

Moneyhub is a financial management platform which consolidates data from all sources into one location so a consumer can easily see their finances. The solution offers insights to better engage with their saving and financial planning.

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