Fifth Third Relaunches Dobot App to Help Customers Save

Dobot was launched in 2016 and was acquired by regional bank Fifth Third Bank last year; the app is designed to help customers save for larger purchases or unexpected expenses; the difference with Dobot and other apps is they don’t allow a user to gain access to the money right away; this twist is what Fifth Third Bank hopes will help to differentiate their app from others in the market; personal financial management apps have become a core customer offering in the last few years as many banks and fintechs looks to improve their customers financial well being. Source.

  • Todd Anderson

    Todd is the host of PitchIt: the fintech startups podcast, a weekly interview show featuring emerging fintech founders and leading venture capitalists. He is responsible for leading the content team which covers fintech through daily & weekly email newsletters, editorial, virtual events, and in-person conferences. He has been covering fintech, banking, and venture capital for more than 15 years, including speaking regularly at industry events.