treefin Receives Banking License

treefin GmbH , a digital insurance manager turned multibanking assistance app, is now operating with a BaFin license; allowing it to provide payment initiation and account information services to its clients.

With treefin, users can manage banking transactions of more than 3,000 banks, as well as manage investments, custody accounts, savings, credits, financing and insurance contracts. “With self-developed, smart analyzes and evaluations treefin points out its users savings and optimization potential as well as supply gaps in the insurance and banking sector.”

In addition, treefin users have access to financial and insurance experts – for free.

Recall: treefin was acquired by Wüstenrot & Württembergische in 2017; three years after launch.