Frollo
Frollo is a fintech organization focused on enhancing financial wellbeing for individuals and small businesses. It aims to simplify and automate financial management through its free financial wellbeing app, which is available on iOS and Android. The app provides users with actionable insights and gamified features to help them navigate their finances effectively. Frollo has received recognition for its efforts in financial inclusion, having won awards such as the Metlife Financial Inclusion award and being ranked among the Top 50 globally in this area. Additionally, Frollo collaborates with various financial institutions to foster innovation and expedite the market introduction of new features via its API-enabled platform. The platform utilizes open banking data and facilitates seamless implementation, making it a valuable resource for neobanks, traditional banks, fintechs, and lenders. Frollo has also been selected as one of ten companies in Australia to participate in the Government Open Banking Pilot and GDR compliance initiatives.
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.
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