Meed Banking Club, a Santa Monica, California-based financial services start-up, as per recent reports this week, is all set and geared up for the US launch. The firm plans on wooing US customers with its strategic compilation of financial services that the firm plans on delivering via the mobile and digital platform, in its bid to foster savings for customers.
Meed’s app, with its attractive offerings “from exclusive member benefits on purchases big and small to travel rewards and built-in savings tools”, is making head waves and creating much market hype.
Also, reports are that the Santa Monica-based Meed has already tied-up with Vast Bank, an Oklahoma State-based bank, formerly known as Valley National Bank, for leveraging its banking services. Furthermore, reports are that Vast Bank is itself in the process of upgrading its tech with SAP and Axxiome.
In its statement, Meed says it aims to “change mobile banking for good”. As its eponymous name, it’ll be wrong to assume that the firm’s offerings are just limited to a savings or checking account, but rather than that, the firm actually offers similar benefits to a club. The statement further goes on explaining, how the set-up idea for the firm seeped in, where it was purpose-built from the ground up with a prime focus on providing better banking basics and “exceptional” member benefits.