New Fintech Finndon has pledged to boost accessibility for easy-to-understand saving and investing for a younger generation through its new app.

The launch arrives at a time when many face an uncertain financial future following the pandemic and subsequent lockdowns. 

The financial challenger’s mission is to help 18 to 39 year olds go from ‘spender’ to ‘saver’ status and, eventually, put them on the path to becoming investors in three clear steps: it plans to help customers take control of their money, bust bad money habits, and improve their relationship with their finances.

“We created Finndon to level the playing field for Millennials and Generation Z when it comes to managing your finances,” says co-founder Aaron Archer. “We believe age should never be a disadvantage when it comes to managing your money and feeling financially secure.” 

Alongside its core products – free and paid-for current accounts, seamless peer-to-peer payments, free money transactions abroad and low-cost money transfers between countries – Finndon’s sleek, easy-to-use mobile app offers customers budgeting features and smart ways to save. These educational features are completely jargon-free and designed to help account holders track their spending and learn how to make their money go further. 

Premium accountholders get added perks – including discounts on restaurants, beauty treatments and social venues – to help them save money whilst doing the things they love doing. 

Kriya Patel, CEO at Finndon’s card issuer, Transact Payments Limited, added: “It’s great to be partnering with Finndon, who place importance on financial education, aligning well with TPL as education and understanding the benefits through our services is at the heart of our offering too.

“Our aim is to help Finndon understand how all the dots in the payments process are connected and work with them to offer a seamless payment service to Finndon cardholders, so that they can focus on improving their customers’ financial awareness and wellness.”