The collaboration between Money Dashboard and digital bank Monzo, driven by user demand, is set to revolutionise personal finance management for more than 900,000 Monzo current account holders.
The integration with Money Dashboard allows Monzo users to view their transactions, balances, and savings in real-time, thereby enabling more effective budgeting and financial planning. Additionally, users can link credit cards from various providers, consolidating their financial information into one platform.
Jossie Ellis, Head of Growth at Money Dashboard, remarked, “The integration with Monzo is a fantastic development for us, but the real winners in this are Monzo’s and Money Dashboard’s users. With Money Dashboard, you can use our budgeting and planning tools to get in control of your finances. With the Monzo integration, we can help more people than ever manage all their accounts in one place. We’re delighted to be working with progressive banks such as Monzo who share our vision of helping users get more from their money.”
Tom Blomfield, CEO at Monzo, highlighted the advantages of this partnership by stating, “Our goal is to give everyone more choice, convenience and control over their money. Making an API available opens up new opportunities for FinTechs, challenger banks and, most crucially, our customers. By giving people a safe, secure way to share their account information with other apps, APIs make exciting integrations like this one possible.”
This strategic integration signifies a step forward in the realm of personal finance management, embodying a collective vision of enhanced financial control and convenience for users.