deVere to revolutionise banking sector with deVere Vault e-money app
deVere to revolutionise banking sector with deVere Vault e-money app
Today is a massive day in the evolution of deVere. Today is the day we officially launch deVere Vault, our global e-money app.
This is our first venture into the burgeoning world of fintech (financial technology) and I’m confident that it will shake up the wider banking sector. Indeed, I believe that banking as we know is finished.
The launch of our challenger bank, deVere Vault, which has been designed for expats by expats, is the latest move to provide expat clients a comprehensive, global service. Personal advice with digital solutions is what people need in today’s world.
deVere Vault, a low-cost, app-only e-money service, has been driven by demand from internationally-mobile individuals, globally-focused firms and expats. They want to access, manage and use their money instantly and seamlessly wherever they are in the world.
For these people and firms, plus the broader key 18-45 year-old demographic worldwide, it is now normal to do everything on their mobile or tablet. Increasingly, this is also extending to their day-to-day financial requirements.
It is a trend that is only set to gain momentum moving forward. I believe the days of traditional banking are numbered. This is due to the speed with which banking information can be accessed and transactions made via app-only services. Such money apps are growing in popularity due to this high level of convenience, increased security, and as people become ever-more tech-savvy.
Initially, deVere Vault will provide global services in electronic money and a single card, multi currency service. Focusing on those with an international lifestyle, we will also ensure that the best currency exchange ratios are given.
You will be able to open a deVere Vault account in around five minutes, withdraw money from any cash machine worldwide, get real-time notifications with all your transactions, spend money on the card wherever Mastercard is accepted, and send and receive money in most major currencies instantly with other deVere Vault account holders.
deVere Vault is set to revolutionise how people access, manage and use money across the world and positively disturb the wider banking sector.
But you know we never rest on our laurels. We’re never content with just moving forward. We always go bigger and better – and then some. And so, watch this space…