Low-rate bill finding platform Squeeze.com has joined forces with British finance management provider Youtility.
The companies said the newly combined business will see a “next generation offering” delivered to UK consumers and deliver a “seamless and embedded experience” to bank and FinTech customers enabling them to manage, track and take action on their household finances directly from within their existing apps.
Since launching in 2021, Squeeze has reportedly helped the average customer save $786 per year on car insurance and $400 per year on home insurance.
“I am excited that our expert team and unique technology can help UK consumers to make more informed decisions and to save money on their home finances,” said Squeeze founder and chief executive Elias Janetis. “Our combined technologies will allow banks to embed essential money saving actions and help all customers, not just the financially savvy, bring about a new era of price comparison to the UK market.”
Tyler Randolph Boyd, chief strategy officer and lead of the newly combined group, added that by combining the “consumer facing expertise of Squeeze” along with the B2B services of Youtility, it will be positioned to offer a “one-of-a-kind embedded experience both for businesses and their consumers.”
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