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myTU: Summary

myTU is a digital banking platform that offers convenient and affordable mobile banking solutions for individuals and businesses. It provides a secure and user-friendly experience, allowing users to manage their finances easily through a mobile app.

Service Name

myTU

Industry

FinTech, digital banking, mobile banking, electronic money institution

Main Value Proposition

myTU offers a fully mobile banking experience that is accessible, secure, and tailored for families and individuals, allowing for easy management of finances.

Description

myTU is a digital banking platform that offers convenient and affordable mobile banking solutions for individuals and businesses. It provides a secure and user-friendly experience, allowing users to manage their finances easily through a mobile app.

Key Features

Free account for EEA citizens; Instant money transfers with no fees; Separate free accounts for kids; State-of-the-art security with multi-factor authentication

Use Cases

myTU is most valuable for individuals looking for a convenient banking solution, families wanting to manage finances for children, and businesses needing efficient payment processing.

Competitive advantages

No fees for instant money transfers; Free accounts and payment cards for children; High customer satisfaction with positive user testimonials

Strengths

myTU's strengths include its user-friendly mobile app, strong security measures, and the ability to cater to both personal and business banking needs, along with a focus on family-friendly features.

Positioning

myTU positions itself as a modern, user-friendly alternative to traditional banks, focusing on mobile accessibility and family-oriented features.

Audience

The target users include families, individuals living in the EU, and small business owners who seek a modern and efficient banking solution.

CTA

Download the app

Tags
  • mobile banking

  • fintech

  • family banking

  • secure transactions

Tagline

Experience convenient & affordable mobile banking, made for everyone.

Tone of Voice

Friendly, informative, accessible

Differentiation

myTU stands out in the market by providing a fully licensed electronic money institution service that includes features specifically designed for families, such as accounts for children and no markup fees for currency conversion.

Brand Positioning

myTU identifies itself as an innovative fintech platform that prioritizes security, convenience, and customer satisfaction in the digital banking space.

Founded

2019-04-01

Founders
  • Raman Korneu

  • Tomas Navickas