Intergiro and Incharge unveil banking app for students in Europe

By Gloria Methri

Intergiro, the Swedish Banking as a Service (BaaS) platform, has partnered with financial service provider Incharge to launch a new banking app that makes financial services easier and more accessible for students in Europe. The Incharge app is free of charge and will offer students the convenience of managing their finances from their smartphones.

Students can open an account through the app – all that is required is a passport or national ID card. The mobile banking app delivers a range of financial services, including current accounts, virtual and physical cards that facilitate spending in over 130 currencies, and analytics on spending patterns to help students better comprehend their financial habits.

Nick Root, Intergiro’s CEO, commented on the partnership, “Joining forces with Incharge, we are excited to support their goal of making financial services more accessible for students. Leveraging our comprehensive BaaS platform, Incharge can concentrate on delivering a top-notch user experience, allowing users to transfer funds instantly and without any fees. We are confident that this alliance will transform the way young individuals handle their finances.”

Enrique Espinosa, Director of Incharge, shared his excitement saying, “This collaboration demonstrates how technology continues to make banking increasingly accessible and convenient. In addition to offering an innovative and secure solution, Incharge is working diligently to produce informative content that helps students save money and develop sound financial habits. Our goal is to inspire and empower the next generation to confidently navigate their financial futures.”

Besides offering user-friendly financial services, the partnership between the two firms also emphasizes robust security measures. These include two-factor authentication (2FA) and biometric login methods for enhanced protection. The app is equipped with built-in fraud prevention systems that monitor transactions around the clock. Furthermore, the app enhances the user experience by enabling card tokenization through Apple Pay and, starting from June 2023, Google Pay.