Atomic and Moven link to provide digital wealth management tools to financial wellness platform
FORT LAUDERDALE, FL (May 22, 2023) — There’s little doubt that the competition for deposits is heating up for community banks and credit unions. And playing the “rate game” is far different now than before non-banks and neobanks were in the mix with big banks.
Add to this, the financial challenges consumers are facing with persistent high inflation and high interest rates for loan products, and you have a serious challenge.
This is precisely when community financial institutions should be offering tools that help their account holders build wealth and improve financial wellness.
Incorporating Moven’s financial insight-driven SDKs, APIs or its unique “bank in a box” platform, financial institutions can add layers of financial wellness applications and personalized financial tools to support its customers quickly. This is precisely why the partnership between Moven and Atomic is so important right now.
“We’re always interested in adding more value to our financial wellness platform and this is the ideal time to work with Atomic and their innovative, customer-focused digital wealth management solutions,” notes Moven Head of Sales and Customer Success Talene Shuck. “In a time when data-enriched personal experiences are becoming table stakes for digital banking providers, Atomic and Moven offer an excellent example of the possibilities.”
Atomic’s platform allows users to easily allocate savings into fully diversified portfolios with advanced benefits like direct indexing, tax-loss harvesting, and ESG investing – all with no account minimums.
“Moven has been a long-time champion of promoting financial access and healthy behaviors,” observes Atomic CEO David Dindi. “We both believe long-term wealth-building is a key component of financial wellness, and very few people have the financial freedom to have money not be a source of anxiety. Atomic is excited to partner with Moven to deliver a uniquely powerful and intuitive API-driven investing capability for their users.”
About Atomic
Atomic enables fintechs, banks, and credit unions to integrate wealth and treasury management experiences into their products in a frictionless way. Businesses powered by Atomic can offer cutting edge capabilities such as direct indexing, ethical investing, tax-loss harvesting, and fully managed Treasury solutions. The company completed its Series A backed by QED Investors, Anthemis, SoftBank, and Y Combinator. For more information on Atomic’s solutions, visit atomicvest.com or contact partnerships@atomicvest.com
About Moven
Moven provides a secure cloud-based software solution to fintechs and financial institutions on five continents with over 14 million users. The express goal is to offer the best integrated financial wellness experience and contextual banking capabilities to financial institutions via mobile, web, and voice.
For over a decade, Moven has delivered unique technology solutions to fintechs and community banks and credit unions to adopt API- and SDK-driven digital banking solutions for their customers/members and prospects. Partners rely on Moven’s Financial Wellness® platform to provide real-time customer insights, resulting in reduced attrition, increased engagement, and revenue enhancement opportunities. Moven delivers customized, scalable solutions for each of our partners to best serve the needs of their customers. To learn more, visit moven.com or contact Gregg Early at gregg@moven.com.
