Onuu partners with leading firms to offer 166Mn Americans fiscal security

By Pankaj Singh

Onuu, a personalized banking solution with access to life insurance, credit, and savings services, has recently announced that it is entering into its first round of partnerships with some of the most trailblazing and important companies globally, including AAA Life Insurance and VISA.

These partners are building the foundation for Onuu’s offerings, which will encompass access to services and products for around 166 million Americans who, at present, are underserved by the financial system of the country.

Felix Ortiz, CEO and co-founder of Onuu, stated that the firm believes every individual deserves financial security, which is the main objective behind starting this company. The platform was built keeping in mind Americans with modest means, utilizing machine learning to help ensure that the people have access to a safer financial future.

Onuu is aware of working with like-minded brands that prioritize customers' financial well-being and is honored to collaborate with brands like AAA Life insurance and Visa as the firm is all set to launch Onuu nationwide.

Onuu provides a personalized membership with access to savings, credit, and life insurance. Its core mission is to democratize access to financial security, and this list of preliminary partners signifies the firm’s commitment to progressing in that vision for its member.

Notably, Onuu and SCOR, a Global Tier 1 reinsurer, are also partnering on reinsurance solutions to support the offerings provided by Onuu.

Manisha Dias, Vice President, Strategic Partnerships at SCOR, said that being a purpose-driven organization, the firm wishes to reverse the broadening savings and protection gaps. It is extremely pleased to collaborate with Onuu as it will aid them in enhancing financial literateness and accessibility and augment security with a digital, entrenched approach.

Source Credit - https://www.businesswire.com/news/home/20220427005335/en/Onuu-Announces-Inaugural-List-of-Partners-to-Democratize-Access-to-Financial-Security-for-166M-Americanss