The Bofa Bank is a new online banking service for young people, which will allow people to create their own bank account online without having to go to a bank.
The service, which was launched earlier this year, will also be able to open accounts at a range of other businesses including pharmacies, supermarkets and restaurants.
Bofa is also the first major UK online bank to open a branch in New Zealand.
“The Bofa Banking app has the potential to be a truly transformative way for young NZers to access financial services,” said Dr Helen Haggerty, managing director of Bofa.
“We are delighted to have been selected to partner with Bofa, the world’s leading online bank, on a significant new digital innovation, a new way to access and open a bank account in New Zealander, and a new platform for young Kiwis to access the benefits of digital banking.”
Bofa aims to help young Kiwi users open up to a wider range of financial services and financial products, including online accounts, savings accounts, and loan products.
“This innovative banking app will enable young people to open up their bank accounts to the wider world,” Ms Haggery said.
In an online chat, Bofa founder and CEO John Ralston said Bofa was proud to be the first online bank in New ZE to open its account to the world. “
By opening up their accounts, they can take advantage of our global banking platform, as well as other digital platforms such as Bofa Wallet and Bofa Pay, and create and manage their own online bank accounts, which can then be used to open their own accounts at participating banks worldwide.”
In an online chat, Bofa founder and CEO John Ralston said Bofa was proud to be the first online bank in New ZE to open its account to the world.
“For our young Kiwikans, Boafas bank account will allow them to access banking services including savings accounts and credit cards at a whole new level,” Mr Ralstons.
“It is a huge opportunity for our young people.”
Boafa will also offer services for younger people with a limited internet connection, including mobile banking and a free, in-person service to help new users get started with the Boafah online banking app.
“Bfa is the perfect example of what can be achieved when Kiwi companies and entrepreneurs come together to develop innovative products and services for our digital and mobile-savvy young customers,” Mr Haggerly said.
Boafabox Boafaa, the first and only online bank for young New Zealanders, launched its online banking services earlier this month.
The Boafai app is a bank app that allows customers to open bank accounts and pay bills online in real time.
“Our Boafao Bank app is our first online banking product, and we are thrilled to be working with Boafafox,” Mr Cuthberts chief executive officer Tim Cuthbert said.
He said Boafoa was a new start-up and the Boa Bank was the first bank in NZ to be developed and created by a young Kiwican entrepreneur.
“Young Kiwis are not only starting to use the internet in a way they haven’t done in a long time, but also being able to make a connection with other people through our Boafo app and Boafia, we are seeing a new generation of Kiwi people taking advantage of this new technology,” Mr Sowards said.
Mr Cusumano said the Boalas success was driven by the company’s success in launching its mobile banking app, which became the fastest-selling mobile banking product on the App Store, and was downloaded by more than 4 million people.
The company also has a partnership with New Zealand First, which Mr Cuzumo said was key to Boafaqs success.
Mr Cummings said the success of Boafay was the result of a lot of hard work from the Boabay team, and the team was very proud to continue to bring the Boapool to life. “
New Zealand First is also a huge supporter of the Boaqi app and are very supportive of the company, so Boa will be able expand its presence in New NZ, as they have in other markets.”
Mr Cummings said the success of Boafay was the result of a lot of hard work from the Boabay team, and the team was very proud to continue to bring the Boapool to life.
“Boafaq is about bringing together Kiwi and international people who share a love of technology and want to innovate together,” he said.