Yolt, the app that enables its users to see all their bank accounts and transactions in one place has announced an integration with digital bank, Revolut. Revolut customers will also be able to use the Yolt app to analyse all their transactions, including those made outside of the UK, as well as set budgets, monitor spending and manage their investments.
Yolt has been involved with Open Banking since its inception in January 2018 and was the first Third Party Provider to connect with all of the UK’s nine largest banks, alongside integrations with challenger banks Monzo and Starling Bank.
Earlier this year, as part of its commitment to Open Banking, the company launched Yolt Technology Services (YTS) which opened up its API for use by other like-minded tech institutions and fintechs.
“Yolt has been at the forefront of the UK’s Open Banking initiative since the very start and we’re extremely proud to be a proof-point for the everyday benefits of the initiative through the Yolt app,” said Yolt Technology Services chief business officer, Leon Muis. “This latest integration with Revolut and the ability to see not only your transactions in the UK but also foreign transactions in one central place is just one example of the many ways Open Banking APIs can be leveraged to provide new and innovative services for consumers.