Money app Yolt hits 100,000 users in less than six months

Yolt, the money app owned by ING, has reached 100,000 registered app users in less than six months of Open Beta in the UK.

Yolt allows users to view their accounts and credit cards in one place. Other features include setting budgets, tagging purchases and comparing the best options for international money transfers.

With the launch of Open Banking just around the corner, Yolt’s rapidly growing user base suggests that consumers aren’t just embracing it but welcoming the impending changes.

Yolt is already demonstrating the benefits of open banking to consumers and is an example of how API integrations work, through a recent link up with challenger Starling Bank.

Frank Jan Risseeuw, CEO, Yolt, said: “News of our registered app users reaching 100,000 is a fantastic milestone for Yolt and ING and we are really pleased we have reached this number ahead of time. We’ve made it this far with the feedback and suggestions of our brilliant community – with the arrival of open banking in 2018, we’re looking forward to giving our users even more choice and control over their finances.”

Yolt is a money platform built to give everyone the power to be smart with their money. Created to end multiple app juggling, users are able to view their accounts and credit cards in one clear app, allowing them to ‘unthink money’ and live life to the fullest.

Yolt, a Fintech owned by ING, was born in 2016 and has the strength and stability of a corporate, yet thinks and acts in an agile way. Yolt has created all its systems in-house from scratch and is currently in open beta in the UK. To read more about the Yolt journey, read our blog:

ING is a global financial institution with a strong European base, offering banking services through its operating company ING Bank. The purpose of ING Bank is empowering people to stay a step ahead in life and in business. ING Bank’s more than 51,000 employees offer retail and wholesale banking services to customers in over 40 countries.

ING Group shares are listed on the exchanges of Amsterdam (INGA NA, INGA.AS), Brussels and on the New York Stock Exchange (ADRs: ING US, ING.N).

Sustainability forms an integral part of ING’s corporate strategy, which is evidenced by ING Group shares being included in the FTSE4Good index and in the Dow Jones Sustainability Index (Europe and World) where ING is among the leaders in the Banks industry group.