According to the two firms, the 2025 Fintech Pledge will provide UK consumers with “10 million positive actions” to help them build up their financial resilience.
The actions will focus on four areas – savings, credit building, debt consolidation and utility marketplaces.
For savings, the action will consist of moving deposits from low to high interest accounts and setting up saving pots. For credit building, it will focus on signing up to credit building tools that provide access to “better value” financial products.
