ANZ releases financial services app 'Grow by ANZ' combining banking and wealth

First there was the CommBank’s cardless cash feature, followed by Westpac’s emergency cash solution and now ANZ has launched its Australian first digital app 'Grow by ANZ' that combines wealth and banking in the one place.

'Grow by ANZ' is the first financial services app with both everyday banking (bank accounts, savings accounts) and wealth management solutions (investing, pensions, insurance) to provide one simple customer experience.

It features everyday banking application ANZ goMoney, Australian stocks and real time data, share trading, insurance tools and retirement savings solution Smart Choice Super.

ANZ global wealth CEO Joyce Phillips described 'Grow by ANZ' as part of a series of innovations designed to deliver simple and accessible wealth solutions across the physical, digital and advice space.

“We know our customers need help to break through the complexity and organise their finances. By bringing together banking, investments, superannuation and insurance in one easy-to-use digital experience, we are helping customers connect, protect and grow their wealth."

“Our aspiration with our series of Grow innovations is to help our customers not only grow their wealth but to also grow their confidence and knowledge to enable better choices and improve their financial wellbeing,” Phillips said.

'Grow by ANZ' uses advanced encryption for added security. The app is initially available for the iPhone, iPad and iPod touch and can be downloaded free via iTunes.

Check out what the other bank providers are up to in Mozo’s everyday banking section here.