Emma integrates Crypto Exchanges in the money management application.
Emma, a start-up company based in London that specializes in money management services, has launched the cryptocurrency exchange integration for its new application. The platform, which the company describes as a type of “financial ombudsman” service, is designed to help millennials better understand their finances.
Emma has integrated several cryptocurrency exchanges in the application, including Coinbase, Bittrex, Binance, Bitstamp, Kraken and Bitfinex. With its latest development, users can see all their investments in cryptocurrency from multiple exchanges in real time using a single interface. The free application also allows US consumers to view the aggregate information of their credit cards and bank statements, in addition to the cryptocurrencies and tokens they possess.
“Emma was built to empower millions of people to live a better and more fulfilling financial life. The cryptocurrency is the next class of emerging assets and we are happy to welcome you as part of our family of integrations. Our users can now manage and track their cryptographic stocks alongside more traditional finance to make smarter and more transparent decisions, “said Emma CEO Edoardo Moreni. “For Emma, this is one of the first steps towards a world where the aggregation of accounts not only refers to banking products, but opens the doors to various financial services.”
Emma was launched in January this year, backed by a team of experts in finance and technology. In July, the company raised £ 500,000 in a seed round led by Kima Ventures, one of the first investors in Transferwise. Aglaé Ventures, the initial stage program of French investment firm Groupe Arnault, which has previously invested in Netflix and Airbnb, also participated in the initial round.
Emma is registered with the Financial Conduct Authority in the United Kingdom under the Payment Services Regulations 2017. With its new application, the company intends to develop a banking solution only for mobile devices (iOS and Android) to help young consumers avoid overdrafts, cancel subscriptions, track your debts and save money. He said he is trying to provide a more consumer-centric banking experience that will improve the financial lives of its users, serving as a kind of one-stop shop for all of his financial information.
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