Users of the app will now have access to Anorak’s life insurance advice. The firm aims to offer personalised, transparent, and impartial advice.
In addition, with Yolt’s insights, Anorak can show users how much life cover they need, for how long and why. With the information, Anorak matches the user with the best policy from the major insurers.
Yolt’s goal is to become the only money app users need. It aids users with utilities and bills, financial products, and leisure and experience.
The UK-based app has also partnered with Runpath, the energy comparison platform, and Moneytis , the money exchange fintech.
Frank Jan Risseeuw, CEO, Yolt, said: “It is a very exciting time for Yolt and our community as we continue to expand our partnerships empowering users to Unthink Money. We are delighted to have Anorak on board as a trusted life insurance partner and look forward to working closely with them to provide our users with access to a wide range of innovative products and services tailored to their needs.”
David Vanek, co-founder and CEO at Anorak, said:“We are proud to be the first major player in the life insurance space to partner with Yolt. We’re looking forward to harnessing the power of Open Banking to enable consumers to make the right choice and help them to protect their families financially.”
Moreover, Anorak recently partnered with UK-based mobile-only bank Starling to offer its help to Starling ‘s customers.