Übank

SDG 8: Decent work and economic growthSDG 12: Responsible Consumption and Production
  • Year: 2020
  • Award: World Summit Award
  • Category: Business & Commerce
  • Producer: Fernando Reyes, Mijael Feldman.
  • Country: Chile
  • URL: https://ubankapp.com/

Übank from Chile is a digital savings solution that helps people to save. Contrary to the ubiquitous pressure to spend, Übank promotes habits of incremental saving to improve financial resilience regardless of economic status. Using saving rules, people can turn everyday activities like buying coffee or cheering on their favourite team, into micro-savings to pay debts or create reserve funds. Übank’s solution is a white label API that can be integrated directly into the mobile apps of banks, giving over 200 million people in Latin America access to a new culture of saving.