The digital age allows users to access the world online. Imagine banking or investing anytime, anywhere, anyplace. Open an app on your mobile, and you can save, invest, or buy crypto. There is no intermediary, with fees often lower or free. It makes sense, doesn’t it? The world of personal finance and financial services has changed forever as fintech apps make life easier, with no mess or fuss.
The last decade has seen leaps and bounds in new fintech (financial technology) for online users, offering features like mobile banking, personal financing and credit, and financial services. Many mobile apps have even replaced the traditional bank and their online digital banking app.
One of the best technological advancements has been in savings and investment apps, giving online users access to financial services such as funds and investments usually only available through a financial services company.
Are traditional financial services still relevant if we can get the same services with a mobile tap?
Fintech technology and development do make personal finance easier for us to invest and save our money, but we make all decisions and choices of funds and services, whether we have the expertise or not.
There is no advisor guiding us on our financial journey.
Robo-advisors provide automated, algorithm-driven planning services with minimal supervision and are best suited for straightforward investing rather than more complex issues. They are not expected to replace human wealth managers but rather allow and aid them to focus on specific tasks while the robot advisors do other work, such as data entry.
Each person’s financial journey is unique, and only a traditional financial advisor can best guide and help with the development of a plan to become financially independent and have enough to retire.
Features of online fintech apps
Fintech apps are one of the best ways to supplement your wealth-building journey under the guidance of your advisor. This can be used to save money for a rainy day, for retirement, or as a vacation fund etc.
deVere offers several fintech app options
Catalyst by deVere offers savings through investment in world-class diversified funds at lower fees and many other features. This is an ideal supplement for your long-term financial portfolio. Funds are managed for you.
Vault is a borderless e-money mobile app that offers a personal wallet that allows you to exchange and hold money in up to 27 currencies. It allows users to perform instant transactions and payments and shop internationally with a prepaid MasterCard.
Buy, sell and store and exchange cryptocurrency effortlessly with deVere Crypto.
The deVere investment platform app allows a user to invest in structured products over a short to medium time period and is designed exclusively for deVere clients by leading international financial institutions. This mobile app also covers the management of your investments for you.
Investing and saving through fintech apps is ideal for supplementing your financial portfolio. Chat with your deVere financial advisor to recommend the best app that suits your personal finance requirements.
Please note the above is for educational purposes only and does not constitute advice. You should always contact your deVere advisor for a personal consultation.
* No liability can be accepted for any actions taken or refrained from being taken as a result of reading the above.
Plan your retirement according to the lifestyle you want
Everyone’s idea of retirement is different. Some want a simple relaxing life, others want to enjoy life and travel the world, and yet others want to take part in expensive hobbies and enjoy the luxuries of life like upgrading their homes.
posted on 06.10.2021
Plan your retirement according to the lifestyle you want
Everyone’s idea of retirement is different. Some want a simple relaxing life, others want to enjoy life and travel the world, and yet others want to take part in expensive hobbies and enjoy the luxuries of life like upgrading their homes.
posted on 06.10.2021
deVere Zimbabwe’s Public Relations Department deals with all areas of the media and external communications including international, national, regional, local, trade, consumer, print, broadcast, social and online. The Department aims to provide a helpful service to journalists, broadcasters and editors, amongst others, and reply to all media enquiries, including urgent enquiries out of hours, within agreed deadlines. Our press office does not have access to client details and will not be able to assist with individual client enquiries. Please contact deVere Zimbabwe’s Head of Public Relations on [email protected] or call +44 2071220925