Welcome to the Gimi Knowledge bank, here you will find posts about financial literacy and open banking for finance industry stakeholders! We aim to provide valuable insights, analysis and resources on how to leverage the latest technology and innovations in banking to better serve your customers and stay ahead of the competition.
Gimi, the #1 financial app for kids in the Nordics, was a standout at the MoneyLIVE Autumn Festival in Madrid in 2022. Our CEO, Philip Haglund, won the best pitch by speaking about Gimi’s mission to educate children in financial literacy and the ways in which we do so.
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The Open Banking revolution is rapidly approaching and many banks are starting to take notice. According to McKinsey, open banking and open data have the potential to contribute up to 1.5% of Europe’s GDP in the next decade. However, only 10% of this value can currently be unlocked.
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According to a recent study, Saudi Arabia and UAE have the highest percentage of people with digital-only bank accounts. Gen-Z is leading in adoption of digital-only banking and there is a growing demand for open banking in Latin America, as fintech investment in the region more than tripled in 2021.
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The youth banking segment is becoming increasingly important as young people turn to fintech and open banking solutions to manage their money. The future looks promising for youth banking and open banking.
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Youth banking fintechs are becoming increasingly popular as traditional banks look to tap into this growing market. Traditional banks are partnering with fintechs that specialize in this area to improve their youth offerings and customer experience through partnerships and open banking initiatives.
Click to read moreGimi AB is a registered payment service provider for account information services with the Swedish Financial Supervisory Authority, and is under its supervision.