Frollo
Frollo is a fintech organization dedicated to enhancing financial wellbeing for individuals and small businesses. It offers a free financial wellbeing app available on both iOS and Android, which provides users with actionable insights and gamification features to help them manage their finances effectively. The app has gained recognition for its contributions to financial inclusion, having won awards and being ranked among the top 50 globally in this field. In addition to serving individual users, Frollo partners with financial institutions, including neobanks and traditional banks, to facilitate innovation and expedite the market introduction of new features through its API-enabled platform. This platform utilizes open banking data to support seamless integration, and Frollo has been selected to participate in Australia's Government Open Banking Pilot, furthering its commitment to compliance and innovation in the financial sector.
Hip Money
Acquisition in 2019
Hip Money Pty Ltd. is a financial technology company based in Brisbane, Australia, founded in 2017. The company focuses on developing the Hip Money application, designed to facilitate the rapid elimination of mortgages and improve financial health for Australians. Hip Money emerged after receiving the Advance Queensland Hot DesQ grant in October 2017. In May 2018, the company engaged in a year-long collaboration with the Bank of Queensland, working with their innovation team to enhance customer savings and overall financial well-being. As of September 2019, Hip Money operates as a subsidiary of Frollo.
Spot something off? Help us improve by flagging any incorrect or outdated information. Just email us at
support@teaserclub.com. Your feedback is most welcome.