The partnership will see Douugh collaborate in the area of wealth management across its key markets in the future, which will include cryptocurrency.
Douugh is currently rolling out its ‘smart’ bank account offering in the U.S, powered by its proprietary autonomous AI assistant. Designed to help people better manage their money and become financially healthier – paying off debt, spending less, saving more and building wealth.
The news comes hot off the heels of
What does this partnership mean for Douugh?
The allegiance with Monex Group is the third global partnership Douugh has secured with strategic partners including Mastercard, Choice Bank and Regional Australia Bank.
“We are excited to announce this partnership with Monex as it will assist
“We believe the future of banking is about platform, data
“Our ultimate goal is to foster an ecosystem of partners within our own Marketplace, in order to allow a customer to leverage their financial profile. A partnership with Monex fast-tracks us towards this goal and opens us up to the Asian market”.
Oki Matsumoto, CEO of Monex said, “We are delighted to be partnering with Douugh. We have been looking at making the right strategic investment into the global neobank sector, to help us gain access to the retail millennial segment.
“We have found Douugh to be a true world-class fintech and pioneer of a disruptive platform business focused on fostering financial wellness. We believe in the substantial synergy in our key markets which will accelerate our group’s future growth over the long-term.”