Australian fintech 86 400 has partnered with credit card disruptor Zip to tap into the growing trend of customers in the country looking for smarter digital alternatives.
Under this partnership, both the fintechs will combine their technical expertise and create new digital financial products as alternatives to traditional banking products.
The smart bank 86 400 app provides a connected accounts feature, which already allows users to connect and view their financial accounts from more than 100 institutions.
86 400 customers can now also link and view their Zip Pay and Zip Money accounts for transactions and balances within the app.
Later this year, 86 400 will integrate its Customer Experience Engine with Zip’s consumer products, providing customers with a better look into their finances.
86 400 CEO Robert Bell said: “Both Zip and 86 400 invest heavily in technology, and we have a single-minded focus on doing what’s right for the customer, every second of every day.
“Be it our Energy Switch service, or Zip’s Shop Everywhere features, these products enable Australians to get more out of their money.”
Zip Co CEO Larry Diamond said: “Millions of Australians are looking for new and better ways to pay and are adopting smarter technologies, such as 86 400 that help them better manage their banking.
“It was an absolute pleasure working with 86 400, a digital-first organisation like Zip, where customers can now access the latest in everyday banking.”