Digital financial technology provider Wirecard has collaborated with Denizen to provide support to its BBVA supported global banking app.
Under the collaboration, Wirecard will act as a technology partner for Denizen assisting in key aspects of the new digital banking solution.
Available in the US and Spain, the app is designed for all the people residing or working in different countries.
It allows the user to manage their money eliminating unnecessary fees.
Furthermore, the users are provided with a physical debit card that can be used to spend money without any additional fees.
Denizen is planning to soon roll out the banking app in other European countries.
Denizen CEO and co-founder Joaquín Ayuso de Paul said: “We are very glad to be working together with Wirecard on this state-of-the-art banking project.
“For us it is important to offer our customers the best banking solutions, helping them to make the best financial decisions and making a true difference in their lives.”
Wirecard vice-president sales for financial institution and fintech Europe Julian Weste said: “We are delighted to have won BBVA-backed FinTech Denizen as our customer.
“We are looking forward to launching our innovative technology in an individual format for Denizen in all European countries.”