“Buddy, a Sweden-based budgeting app collaborates with Klarna Kosma, the fintech platform of Klarna for banks, innovative retailers, and FinTechs. The partnership will enable the users of Buddy to connect with their bank to keep eye on expenses automatically for higher budgeting efficiency and accuracy.
Buddy, a Sweden-based budgeting app collaborates with Klarna Kosma, the fintech platform of Klarna for banks, innovative retailers, and FinTechs.
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The partnership will enable the users of Buddy to connect with their bank to keep eye on expenses automatically for higher budgeting efficiency and accuracy.
Buddy’s Founder and CEO, Olle Lind said, “Through this integration, we are helping individuals gain control of their finances by offering an easy-to-use, intuitive budgeting app that connects directly to their bank feed, helping them to manage their money during this difficult financial period and beyond.”
Buddy has more than 3 million users and recognizes as one of the fastest-growing budgeting apps for the global Gen Z population. The budgeting app delivers an easy way to create and share budgets, get a better understanding of financial health, and more. Buddy has a presence in Canada, Denmark, France, Australia, Netherlands, Sweden, and the US.
By partnering with Klarna Kosma, Buddy will offer its users a medium to link their incomings and outgoings from their bank, thus enabling users to get vital insights into their spending habits, track their expenses, and have more control over their finances.
The new feature allows users for real-time checking of their account balance, monitor their expenses, and setting payment reminders from one centralized place.
Wilko Klaassen, VP for Open Banking at Klarna Kosma said, “We are excited to be joining forces with Buddy to make budgeting simple and fun for Gen Z and millennials. With Kosma’s help, Buddy could create a smoother consumer experience, resulting in 52% more monthly active users for the Personal Finance Management App. It is fantastic to welcome Buddy to Kosma’s platform and we look forward to being part of their future growth and continued success, helping even more users to shore up their finances.”
