Railsr and Maslife associate to launch monetary well being app

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Railsr and Maslife associate to launch monetary well being app


Digital BankingFinancial savings and Funding

Maslife’s app seeks to mix monetary well being and psychological well-being and now can provide a spread of monetary merchandise through its partnership with Railsr.

Railsr and Maslife associate to launch monetary well being app

Picture supply: Louisa Murray/Railsbank

Embedded finance platform Railsr has partnered with Maslife to launch its fintech app. 

Maslife combines ‘monetary well being’ and psychological wellbeing in a bid to get customers to make easy modifications to their each day routines that result in long-term optimistic leads to how they handle their cash.

The corporate says it customers a mixture of gamification and synthetic intelligence in its budgeting instruments and likewise incentivises health with train trackers, yoga tutorials and meditation workshops.

Railsr is behind its card issuing and processing companies and Banking-as-a-Service and licensing, permitting it to offer digital and bodily playing cards, and devoted accounts, to its customers. 

The Maslife app launched for Beta testing in Might 2020 with over 6,500 energetic contributors. It had a waitlist of some 28,000 customers, the corporate says, when it launched totally within the UK final week. A wider European roll-out into Germany, France and Italy can be deliberate for this yr.

The corporate is planning a spread of cost companies together with a crypto/digital asset pockets in addition to constructing a B2B platform to supply companies and their workers’ tailor-made options and branded debit playing cards.

“The group and I are amazed by the overwhelming assist and optimistic response to Maslife. No different app in the marketplace does what ours can, with Maslife’s distinctive strategy to enhancing folks’s lives by caring for their funds whereas concurrently supporting their well being and psychological wellbeing,” mentioned Kash Amini, founder and CEO of Maslife.

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