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|News: Santander selects Meniga for Personal Finance Management|
|Tuesday, 10 November 2015|
Meniga has been awarded a global contract to deploy Personal financial Management (PFM) across Santander Group markets.
Under this agreement, Meniga and Santander will work together to bring ‘a best in class’ innovative PFM solution to their clients around the globe. The agreement is the largest of its kind in the PFM industry. Santander is the largest bank in the euro zone by market value. It has a meaningful market share in 10 core countries in Europe and the Americas.
Santander’s strategy to deliver a best-in-class digital experience and actionable insights through personalisation, real-time advice and highly targeted service offerings, is supported by Meniga’s awarding winning financial management, data enrichment and analytics solutions.
By using the Meniga platform to aggregate and enrich new and existing data, Santander will be able to offer its customers new tools and experiences to manage their personal finances.
Meniga’s technology is designed to be flexible, and providing a stable, proven platform for the ever increasing demands of the digital economy. By integrating seamlessly with Santander’s online environments Meniga will help Santander customers make more informed decisions about their finances.
“This agreement is an important milestone in our journey towards truly personalized digital banking. We have been very impressed with Meniga’s technology and vision and I see this agreement as the first step in a long-term strategic partnership between the two companies”, says Jose María Fuster, head of Global Innovation at Grupo Santander.
“Meniga’s mission is to help banks innovate and transform their online and mobile offerings into a highly personal virtual finance advisor that helps people manage all aspects of their money and become smarter consumers,” said Georg Ludviksson, co-founder and CEO of Meniga. “We are delighted to play our part in supporting Santander’s digital journey across a number of businesses and geographies. Santander is renowned for its innovation and leadership in bringing new services to market.”
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