Fyncr, the first-ever mobile app that provides a one stop solution for credit card bill payments, reward earning and spending marketplace has been launched. The new mobile app allows credit cardholders to view, pay, and spend their money in a streamlined manner. Here are all the details about Fyncr:
Fyncr Launches First All-in-One Mobile Banking App
Fyncr, fast-growing fintech, has launched the first all-in-one-card bill payment mobile application in the United States seeking to help people better manage their credit cards, save more, and spend intelligently. Fyncr is the only platform that allows credit cardholders to securely store, view, and pay their credit cards from any bank account and earn reward points. Those reward points, called FYX, apply towards unbeatable deals, discounts, and freebies within the app from over 500 brands in the country.
Fyncr was founded by Sahil Kumar, a seasoned professional with in-depth experience and understanding of the fintech and payments industry. Before Fyncr, Sahil managed projects at Accenture’s largest global consulting arm for the hi-tech vertical in Asia, including launching and managing Google Pay in the world’s largest FinTech market.
Fyncr’s team of experts – from Accenture, Dell, Publicis, and others – bring decades of tech & fintech wisdom into the company. Fyncr has raised $3 million funded by a mixed bag of successful and tech-savvy entrepreneurs.
How Does Fyncr Work?
What sets Fyncr apart is its unique interface, that allows customers to track and pay their individual credit card billsfrom any account. Customers can view, manage, and pay their credit card bills (issued by any bank) from any other or similar bank.
For every dollar paid, they accrue an equal number of FYX that can be redeemed across many brands. Fyncr’s simple and secure design eliminates the need for any additional software or apps to make credit card payments.
Multi-Layer Security Encryption
Fyncr uses multiple layers of security to ensure that customers have a seamless experience without worrying about compromising their sensitive financial data. The company uses bank-grade encryption and works with the world’s most trusted financial. institutions, like Visa, Mastercard, Discover, American Express, and financial services companies such as Plaid, Yodlee, and Equifax. Additionally, Fyncr never stores customers’ bank/credit data, allowing them to communicate directly with banks.
“Our top priority as a fintech company is to ensure the safety of our customers’ data. Fyncr is built from the ground up with customer experience design and security at its very core. We worked with experts every step of the way to make sure every click, tap, or swipe was intuitive and simple. This all-in-one experience is powerful in saving time, money and bringing peace of mind, knowing your credit card bill payments are secure and well-managed,” adds Sahil.
Fyncr App Key Features
- Autopay – Pay the minimum, custom, or total amount due and plan payments from chosen payment sources
- One-Stop Shop – Manage multiple credit card bill payments and statement details in one place
- FYX Rewards – Secure endless rewards to claim from 500+ brands across electronics, food, restaurants, fashion, beauty, retail, travel, financial, healthcare, services, etc. Registration on Fyncr includes $1000 worth of FYX reward points to help kickstart the users’ experience
- Alerts – Customers get regular notifications and alerts to pay and know what they save by paying on time
Changing the Culture of Missed Payments
“At Fyncr, we aim to revolutionize the bill payment experience and transform it into a rewarding one, giving the customers the financial freedom to do the things that they care about. The idea is to alter the culture of late payments and fees, depleting credit score and the hassle of paying bills. We also believe we have a social responsibility to reduce the credit card debt that has been haunting the US market, by motivating users to pay back early, pay back more and enjoy more rewards”, said Sahil Kumar, CEO, and founder of Fyncr, in a press release.
“Our top priority as a fintech company is to ensure the safety of our customers’ data. Fyncr is built from the ground up with customer experience design and security at its very core. We worked with experts every step of the way to make sure every click, tap, or swipe was intuitive and simple. This all-in-one experience is powerful in saving time, money and bringing peace of mind, knowing your credit card bill payments are secure and well-managed,” added Sahil.
For more information visit: www.fyncr.com
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Featured image by Fyncr
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