How they describe themselves: In order to take out the pain points of conventional mobile banking channels, Numbrs came up with the perfect solution. Numbrs was founded in 2012 and is a multi-banking app that enables users to manage their financial life on the go. With innovative and easy-to-use features topped with inspiriting design, our application offers you the perfect overview not only of your past financial behaviour, but also projects your future behavior. Bill payments, fund transfers, and budget creations are now just one touch away, all made possible by Numbrs, the best banking app around. Numbrs has been available in Germany since August 2013. Currently, Numbrs is planning its US market entry and will be available in the US from the beginning of 2014.
How they describe their product/innovation: Numbrs – the world’s leading “nonbank”. We offer a multi-banking solution that will disrupt the banking landscape by providing people with a holistic overview of their past and future transactions in what we call the timeline. The Future is just one swipe away, and you can retrieve upcoming transactions and your predicted future balance.
An easy-to-use analysis helps you understand and optimize your spending behavior. Users can aggregate all their bank accounts into one app. In addition to that, money can be transferred from your mobile device, and notifications will remind you of your upcoming transactions based on behaviour in the past.
Product Distribution Strategy: Direct to Consumer (B2C)