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UK personal finance tool Money Dashboard is allowing its 600,000 users to view their crypto holdings alongside their bank accounts and other financial products within its app.
- Users will be to use the Money Dashboard app to access their balances and transactions on exchanges such as Coinbase, BINANCE and Bitstamp.
- The UK company is providing this service in partnership with Zabo, a Dallas-based crypto software firm which aims to connect crypto wallets to bank accounts.
- Zabo's goal, according to co-founder Christopher Brown, is to simplify the process of integrating crypto with traditional finance products through partnerships with financial services companies.
- The collaboration with Money Dashboard is its first such partnership with a UK firm.
- UK regulator the Financial Conduct Authority (FCA) estimates that around 1.9 million adults hold cryptocurrency, 75% of whom own less than ?1,000.
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