Lydia (Financial management+Open Banking)
Use Case
Description
Lydia added Open Banking account aggregation and Payment Initiation Services (PIS) to its peer-to-peer payment and current account app.
Allowing users to view financial data from multiple accounts and make payments from different bank accounts without leaving the Lydia app.
PS: Lydia is gearing up to be a WeChat-like super app offering a variety of financial products, including access to loans and insurance. Open Banking is making this easier.