UK challenger bank Monzo lets account holders save funds in flexible pots

Launching Pots! — Monzo — “To help you save for specific things, we’ve created Pots: a simple way to set money aside within your main Monzo account. Whether you’re planning a trip around the world, looking to buy a new laptop, or simply saving for a rainy day, pots can help you work towards your modest goals and grandest plans… Creating a pot takes seconds, simply give it a name and add an image… You can set up multiple pots for different purposes, and see an overview of all your money under the Account tab in your app.”


What's New in Payments

UK challenger bank Starling adds support for Fitbit Pay

Digital challenger bank Starling is the first to support Fitbit Pay in the UK — City AM — “Customers of digital challenger Starling will be able to pay using their Fitbit smartwatch as it becomes the first bank in the UK to support Fitbit Pay… Starling added support for Apple Pay, which works on both the Apple Watch and iPhones, over the summer and Android Pay in September.”


UK challenger bank unveils open banking marketplace

Starling Bank’s Marketplace goes live — Starling Bank — “The Starling Marketplace is a brand new concept in banking whereby products from other fintech providers — and in the future lifestyle products — can sit within an easily browsed ecosystem all from within the app. These partners integrate with Starling Bank using their Open Banking and PSD2 compliant APIs… Starling is the first bank to have fully open, PSD2-ready APIs that allow collaboration between fintech companies.”


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