Beyon Money, a part of the Beyon Group, and a leading regional asset manager and investment bank have partnered to launch Flexi Savings, a flexible Investment Product for Beyon Money customers, the first of its kind in Bahrain and Mena region.
Flexi Savings, which is available for both Beyon Money Classic and Platinum Card holders, enables customers to grow their earnings on a daily basis.
Customers can seamlessly place their cash in a high yield product with Beyon Money, starting from as low as BD20, with no upwards limit.
Along with the unparralleled earnings, there are no time commitments and customers have full freedom of withdrawal at any time. Earnings are credited daily and paid at the end of each month.
Beyon Money CEO Roberto Mancone said: "Beyon Money is delighted to partner with SICO to deliver this first of its kind offering in the local and regional market empowering customers of Beyon Money to save and earn whilst having access to their money at any time."
"Flexi Savings is the most innovative save and earn product in the Mena market delivering complete flexibility, the most competitive profit rates, and availability to increase and decrease their investments at any time, and yet still earn profit," stated Mancone.
Flexi Savings, he stated, confirms its ability to be a Fintech that partners with and empowers important financial institutions in the industry, offering innovative customer-focused solutions that are not available elsewhere in the market.
"It is the first of a series of products that will cater initially to clients with no investment experience and subsequently will offer additional products catered to more sophisticated investors, allowing everyone to become customers of Beyon Money because they will always find a product that suits them from a huge variety of financial management products in our pipeline," he added.
On the strategic collaboration, Sico CEO Najla Al Shirawi said: "We are pleased to partner with Beyon Money, leveraging our asset management expertise to expand the array of investment choices available through the Beyon Money app. Together, we can offer innovative investment and savings services with competitive returns to a wider spectrum of individual and corporate clients."
"This collaboration represents our unwavering commitment to promoting a savings culture within the community and fostering an environment of investment, regardless of its size," she added.-TradeArabia News Service