Upcoming Neobank Jingle Pay Promises Seamless Digital Onboarding, Multi-Currency Accounts, and More

  • Date: 19-Jun-2020
  • Source: Fintech News Middle East
  • Sector:Technology
  • Country:UAE
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Upcoming Neobank Jingle Pay Promises Seamless Digital Onboarding, Multi-Currency Accounts, and More

For the week, we look at Jingle Pay, an upcoming neobank targeting the millennial generation as well as the unbanked populations.. Jingle Pay: a "new revolutionary social super app for the new age". Jingle Pay is a forthcoming neobank that aims to provide responsive banking services, including remote onboarding, multi-currency accounts, an accompanying payment card, as well as micro/nano financing, with low transfer fees, transparency and no balance/income restrictions to the Middle East's digital-savvy and financially underserved populations.. Jingle Pay social networking functionalities gif, Source: Jingle Pay. Founder and CEO Amir Fardghassemi, an ex-hedge fund manager and fintech startup founder, says Jingle Pay will not only be an alternative banking solution as the startup also aspires to become the Middle East's "first super app neobank.". For seamless digital onboarding, Jingle Pay has partnered with leading provider of real time global regulatory compliance W2.. Leveraging W2's technology, Jingle Pay is able to digitize the onboarding process and customer due diligence to cover 7,600+ government IDs in 160 countries.. The Abu Dhabi Global Market, a free zone in the capital city of the UAE, rolled out new digital banking licenses in the summer of