Author - Mansur Ismagulov
The Tech AI
Get the key points in seconds - a short summary from The Tech AI.
The neobank Simply, a subsidiary of Beeline Kazakhstan, is celebrating its second birthday. More than 1.6 million Kazakhstani residents have downloaded the app; the average customer age is 32 years (ranging from 16 to 94 years), with 69% men and 31% women. Purchases were made in 93 countries, including Chile. The service combines a phone number, an electronic wallet, and a Visa Platinum card. Simply became the world's first fintech company to launch a bill splitting feature via Request to Pay based on the Visa Direct platform.
The neobank Simply, the first in Kazakhstan to offer an innovative solution—a symbiosis of telecommunications and banking services on a single platform—celebrates its second birthday. During this time, more than 1,600,000 Kazakhstani residents have downloaded the neobank's app. Card purchases were made in 93 countries across all continents of our planet, with the most distant one being in Chile. Among the service users, 69% are men and 31% are women, with the average customer age being 32 years old. The oldest user is 94 years old, while the youngest is 16.
The main convenience of Simply, developed by Beeline Kazakhstan's subsidiary, lies in its comprehensive financial service. The mobile application connects with the client's phone number, electronic wallet, and premium digital Visa Platinum card. This allows users to remain flexible without being tied to a specific bank, making interest-free transfers and receiving the most advantageous bonuses on the market.
Another innovation of the neobank is sending split bills via the Request to Pay service. Now, customers can divide a bill by sending it to multiple recipients simultaneously, specifying the respective amounts. With this feature, Simply neobank became the first fintech company in the world to launch this solution based on the Visa Direct platform.
The Tech on Telegram Follow The Tech on Telegram
Keep up with the latest technology and startup news.