Wirecard provides paytech to global bank account Denizen
Paytech specialist Wirecard is working with start-up Denizen, backed by BBVA, on its global bank account.
Wirecard is Denizen’s technology partner – “helping power key aspects of the new digital banking solution”, it says.
Denizen is a mobile banking app created specifically for people living abroad or working in different countries. It is available in the US and Spain, with a pan-European roll-out planned in due course.
It enables users “to manage their money effortlessly in real-time, with full transparency and total confidence” (knowing that Denizen is backed by BBVA).
In addition to the app, users receive a physical debit card with which they can spend money without fees as well.
Denizen describes itself as “a unified banking platform and the first true global account” – offering “a single platform and account that unifies currency exchange, deposits, payments and transfers for complete financial visibility”.
Denizen enables immediate access to your money, does not charge wire transfer or currency exchange fees, allows you to freeze and unfreeze cards from a mobile app, provides a no bank-owned ATM fee global debit card, and allows you to view your global Denizen balance at-a-glance.
“We are writing a new chapter in digital banking innovations,” states Joaquín Ayuso de Paul, CEO and co-founder of Denizen.