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Case study

Vault is a global money app that allows you to store, transfer & exchange currency to any user that accepts Mastercard®

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About Vault

Vault is a global money app that allows you to store, transfer and exchange currency to and from your account in real-time to any user or merchant that accepts Mastercard®.

Situation

deVere Group, one of the world’s largest independent financial advisory organisations, launched its digital challenger bank, Vault in April 2017 – powered on the GPS Apex platform.

Solution

Vault developed an additional offering in partnership with Global Processing Services to its digital bank enabling its customers to set-up subsidiary companion cards for friends and family. Where Vault users must be at least 18 years of age to be eligible for a Vault account, on the other hand, Companion card users must be at least 13 years of age.

“deVere Vault is a revolutionary app that helps empower people, wherever they are, to achieve their financial objectives and the deVere Vault Companion Cards are pushing this exciting and in-demand proposition further still

Nigel Green, deVere Group Founder and CEO

Partnership success

Vault enables its customers to have access to a global money app that allows them to instantly store, load and convert money in up to 27 currencies.

Whether they need to send money to friends, pay bills overseas or just want to save money on currency exchange.