Lively launches new mobile app to improve access to health savings tools

Health Savings Account (HSA) company Lively has released a new iOS mobile app to improve accessibility to its health savings tools.

Users will now be able to manage their account whenever they want. Through the app, users can view their balance, see recent transactions, manage debit cards, as well as access other account management tools.

Its app also shows recent debit card transactions, automates contributions by linking a bank account, and supports an overview or investments. The new mobile solution will also ease reimbursements, with a user simply needing to upload photos of receipts.

Lively is a health savings account which helps consumers to optimise their healthcare spending, improve savings and support their future. Its free FDIC-insured solution.

Lively co-founder and CEO Alex Cyriac said, “The whole world runs on smartphones. People want to be able to track and manage their personal finances whenever and wherever it is convenient for them. Lively was built on the idea that HSAs should be easy to use. We’re proud to give users the tools they need and deserve to make the most important investment of their lives: their health.”

Last year, the company raised an $11m Series A round which was led by Costanoa Ventures and received support from backers including Y Combinator, Point Judith Capital and Transmedia Capital.

Through the fundraise, Lively was looking to accelerate its growth, bolster its consumer offering and increase its employer market.

Copyright © 2019 FinTech Global

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