Finnq made it known that it is now working with ten banks after making additional partnership with local banks.
Finnq is an artificial intelligence-based mobile financial service made for spending habit of money.
Aside for KEB Hana Bank, post office, Korea Federation of Community Credit Cooperatives, credit union, Jeon Buk Bank, Kwangju Bank, and K Bank, it is now working with Daegu Bank, Kyongnam Bank, and Busan Bank as well.
Customers can charge up to $1,800 (2 million KRW) by linking their bank accounts to a Finnq account. Through ‘My Account’ of Finnq’s mobile application, it is possible to check many financial products that are connected to a customer’s accounts.
One can also received unlimited free wire transfers and ATM fee waiver from every ATM of KEB Hana Bank in South Korea. Finnq has raised level of satisfaction of customers through important financial services such as Finnq Card, emergency loan, and Gifticon Mall that can be used within its application.
Finnq Card is a prepaid check card that can be linked up to five bank accounts and it can be used to separate accounts based on their purpose.
“We have made partnership with various local banks so that our customers can easily experience many financial services by linking their current bank accounts to our application.” said CEO Min Eung-joon. “We are planning to have our app be linked to every financial institution through an open banking service.”
Staff Reporter Ham, Jihyun | goham@etnews.com