Frollo & EML launch Nuapay – a revolution in Open Banking

Frollo is excited to announce their partnership with EML, a global leader in payments technology, to launch Nuapay – a revolution in Open Banking.

They have combined forces with EML to help lenders and FinTechs access the latest in payments, PFM and Open Banking technology through a new digital wallet product.

Clients can choose between a no-code (white label app), low-code (SDKs) and fully customisable API solution to get access to features like:

  • Instant cash: Using Open Banking data and virtual prepaid cards, the process to approve and disburse a loan is reduced from days to just minutes, eliminating costly and highly manual human-led checks with traditional providers.
  • Money management: A market-leading banking app, including personal finance management features.
  • Emergency buffer: The ability to quickly go back and turn a transaction into an instalment loan.
  • Spend controls: Using AI transaction categorisation to control spend in real-time and place budget caps for specific money buckets.

Learn more here.

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