The fintech startup, Bunq, will offer a number of new functions to owners of the Bunq travel card. Notable additions will streamline group expenses, and add better integration for its web app, as well as Siri.
Those who have the Bunq travel card can now use Slice Groups to easily track group expenses. Users can add others to a Slice Group, where each person is able to input expenses into the group. The app already shows users their transactions, and now users can upload individual transactions to a group.
Users also have the ability to manually add transactions into the group -- this function is for users who have made cash purchases. Users will get a push notification when the group is settling its expenses, and can press the notification to make their contributions.
Fintech Group Expense Solutions
Owners of the Bunq Travel Card Will Get Accesses to Slice Groups
Trend Themes
1. Group Expense Tracking - Streamlining group expenses through Slice Groups provides opportunities for fintech startups to create innovative tracking solutions for larger groups collaborating on expenses.
2. Web App Integration - Adding better integration for its web app shows opportunities for fintech startups to improve their systems connecting personal bank accounts with online services.
3. Voice Interface Integration - Integration with Siri demonstrates opportunities for fintech startups to improve transaction experiences; for example, through adding voice-driven expense tracking to mobile banking apps.
Industry Implications
1. Fintech - Fintech companies could capitalize on group expense tracking, web app integration and voice interface integration to improve bank services.
2. Personal Finance Management - Personal finance management software firms could improve their services by exploiting the trends in group expense tracking, web app integration, and voice interface connection.
3. Travel Management - Travel management firms could improve services by embracing group expense tracking, web app integration and voice interface integration in order to ease business and personal travelers expense tracking.