Credit Improvement Solution Powered by Dovly Now Accessible in Varo Money’s Digital Banking Platform
Industry: Apps & Software
New Dovly Partnership Helps Consumers Access Affordable Credit Improvement Solution Easily and Efficiently Through Varo’s Mobile App
Phoenix, AZ (PRUnderground) April 1st, 2020
To help consumers improve their financial health, Dovly, an automated digital credit improvement platform, today announced its partnership with digital banking company, Varo Money. The partnership includes a referral program that presents Dovly’s service on the offer tab of the Varo app. Varo customers can enroll in Dovly to improve their credit scores and get closer to qualifying for financial products such as bank loans, credit cards and mortgages.
“Dovly’s credit improvement solution complements our mission to positively impact consumer financial health,” said Jaime Jerusalmi, Head of Partnerships and Business Development at Varo Money. “Varo and Dovly share the desire to help people make smarter financial choices more easily than ever before. This partnership is a prime example of collaboration between a leading digital bank and an innovative startup working to deliver value to our customers.”
Dovly’s platform takes a smart online approach to credit improvement. It works by soft-pulling user credit reports and showing users errors and inaccuracies that could be dragging down their scores. Dovly allows consumers to choose the items they want to dispute, and then its sophisticated algorithm manages the dispute process without any further user intervention. The platform works behind the scenes, freeing customers from the burden of engaging with credit bureaus.
Varo also helps improve consumer financial health with innovative technology. The company charges no overdraft fees, provides access to high-yield savings accounts and free automatic savings tools, and facilitates paychecks up to two days early with direct deposit.
“People are looking for easy and intuitive ways to manage their financial health, and having access to both Varo’s banking platform and our online automatic credit improvement solution enables them to do just that,” said Nirit Rubenstein, co-founder and CEO of Dovly. Users can reach Dovly with a single click on the Varo mobile App, creating a winning situation for everyone.”
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