Monetary Wellness App Supplier Douugh Reportedly Varieties Partnership With E-Commerce Platform Rakuten

Douugh, an Australia-based AI-driven monetary wellness app supplier, has reportedly fashioned a brand new partnership with e-commerce platform, Rakuten.  Itnews reported that by way of the partnership, Douugh will use Rakuten as a channel to extend cell app downloads and quick monitor buyer acquisitions.

Whereas sharing extra particulars concerning the partnership, Douugh’s founder and CEO, Andy Taylor, acknowledged Rakuten will deliver “distinctive advertising and marketing options” to the Douugh platform. The partnership may even enable Douugh to broaden its attain by way of retail provides, influencers and cashback rewards.

Based in 2016, Douugh acknowledged is on a mission to democratize banking, growing a checking account with a “mind.” The platform is designed to assist customers dwell financially more healthy.

“The Douugh checking account provides full banking performance, full with the federal government assure on deposits as much as $250,000 (and a shiny Douugh Mastercard Debit Card). You’ll be capable to ship and request cash, break up payments, create financial savings Jars, and join all of your present financial institution accounts and bank cards – so Douugh can collate, set up and inform you about your spending habits.”

Douugh additionally famous that it’s a coach, mentor, and assistant in a single. It learns how customers spend to make sense of the place they’re at, in comparison with the place you wish to be.

“It’s not recommendation, it’s customized perception and affirmation out of your coach who is devoted to conserving you financially match and wholesome. So you’ll be able to benefit from the now and let Douugh fear about the remaining.”