Binance Australia in tie-up with money management app WeMoney – iTWire

binance-australia-in-tie-up-with-money-management-app-wemoney-–-itwire

Binance Australia chief executive Leigh Travers and WeMoney chief executive Dan Jovevski.

Binance Australia chief executive Leigh Travers and WeMoney chief executive Dan Jovevski.

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Digital asset exchange Binance Australia has announced a tie-up with money management app WeMoney to provide information on investment literacy.

A statement from the company said the two businesses would provide users the means to track their digital assets online along with their broader personal finance accounts.

The technical integration would enable WeMoney users to accurately gauge their financial account balances, credit score, net worth and now, cryptocurrency portfolio, all in one place, free.

WeMoney chief executive and founder Dan Jovevski estimated that about 17% of Australians had invested in some form of cryptocurrency.

“What we are seeing now is Australians diversifying their investments and actively adding digital assets to their portfolios. Working with Binance Australia empowers our members to access the full picture of their financial health,” he said.

The choice of Binance Australia, part of the world’s largest cryptocurrency exchange, was a no-brainer, he added.

“At the core of it, there are natural synergies between us. Both businesses value innovation and are aligned on the vision to help young Australians get the most out of their money,” Jovevski said.

Binance Australia chief executive Leigh Travers said: “The partnership between Binance Australia and WeMoney has a core focus on providing the right education and understanding of digital assets to encourage Australians to make responsible and considered investments into the digital asset sector.

“We are looking forward to enabling Australians with the right platform to build sustainable wealth through incorporating digital assets into their diversified investment portfolio.”


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