Thursday, March 23, 2023

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HyperJar: Launches in UK

  • Money management app HyperJar launches today using a digital version of jam-jar budgeting to give the UK a better relationship with money
  • HyperJar research shows that 70 percent believe current accounts don’t help to budget everyday money effectively
  • Against a backdrop of further lockdowns and rising unemployment, the data also shows that one in six feels more nervous about debt
  • App account holders divide their money in virtual jars according to where they want to spend
  • App customers can share jars with up to 100 other people, as well as lock-in future spending with HyperJar retail partners
  • The app which intended to complement someone’s main bank account, comes with a prepaid debit card added to Google Pay and Apple Pay

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