Sync.Money, a London-based open banking app, has gone into administration (a state of insolvency in the UK) with TruSolv. Trusolv now oversees the firm’s affairs, business, and property. Sync was created to give customers a central location to manage, track, and budget their money. It asserts that by using customized insights made accessible by open banking, it can provide a “unique experience”. A digital wallet, currency conversion, transfers, cards, budgeting, and “immediate” payments are among the features of the software.
London-Based Open Banking App Sync. Goes Into Administration