Prudential Partners Privé to Roll Out PFM Offering on Pulse Appby Fintech News Singapore November 9, 2021
Prudential announced partnerships with online healthcare platform Smarter Health and Software-as-a-Service provider Privé Technologies to expand its health and wealth offerings on its Pulse app at the Singapore Fintech Festival 2021.
Users will be able to use Privé’s digital tools to assess their financial needs and receive suggestions for wealth planning and portfolio management.
The Personal Finance Management (PFM) services will be made available in Hong Kong, Singapore and Thailand in 2022.
So far, Prudential has rolled out digital wealth solutions on Pulse in three markets – Singapore, Thailand and the Philippines, with plans to include more countries next year.
In these markets, users have access to a personal AI digital assistant trained to respond to users’ queries on financial planning and a Knowledge Centre containing bite-sized information resources.
There is also a ‘360 View’ which allows Prudential customers to get a single view of their insurance plans with the company.
Launched in Malaysia in August 2019, Pulse is now available in 19 markets and 11 languages in Asia and Africa, and has been downloaded more than 30 million times.
Nic Nicandrou, Chief Executive of Prudential Corporation Asia said,
“With rising longevity across Asia and Africa, more people are aware of the need to take better care of their health and to have enough savings to fund their extended retirement years. As a result, we are seeing rising demand for preventative healthcare and financial planning solutions which we are embedding into our Pulse ecosystem.
We are pleased to work with two new tech partners, Smarter Health and Privé Technologies, to help our customers make better health and wealth decisions, so they can get the most out of life.”
Julian Schillinger, Chief Executive Officer, Privé Technologies said,
“Privé’s platform allows financial institutions and financial consultants to leverage technology to help their customers manage their wealth.
We are looking forward to offering our services via Pulse to millions of people across Prudential’s markets.”