Minna Technologies, an embedded FinTech firm, has teamed with financial health app Steven to help better manage the latter’s subscription-based costs.
Steven claims it is the ‘best way to keep track of shared expenses’ and the ‘best app for settling debts amongst friends and family, by simplifying debts and reminding yourself and friends when to pay back’.
According to Minna, the partnership will allow Steven users the ability to identify and better manage their subscription-based costs, including the ability to cancel and manage recurring expenses directly from the app.
Minna currently supports over 20 million customers worldwide through integrations within major retail banks and FinTechs across Europe. The Steven app – whose community has grown over 33% this year and whose growth is on track to double in 2022 to over 250,000 – has seen 8.5k groups created last month alone.
Steven CEO Andreas Arledal said, “Through partnerships like our work with Minna, we can ensure Steven users have a comprehensive set of tools within the app and that they are served with all of their expense management needs. Minna is a natural partner in supporting the increasing trend toward subscriptions.
“Our goal is to make it easy to identify, control and distribute subscription spending across a group of people hoping to collectively manage their costs. We want to give consumers control through actionable insights and to do it in a way that reflects how people are living and paying for things, making it easy to split and share expenses easily and transparently.”
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