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Reech Corporations Group to fund initial roll-out of FUN finance app BANKIFY

Reech Corporations Group has agreed a major seed investment in Finland-based social finance sharing app Bankify to fund an initial commercial roll-out in selected markets. The app, which has been successfully soft-launched in Finland, will initially target customers in Finland, Ireland and the Netherlands. The aim is to be able to rapidly extend coverage to UK, Scandinavia, Spain, Italy amongst Asian markets such as Australia, Philippines and Vietnam, which are seen as highly receptive to new app based financial propositions