Features, Benefits and How it Works
Liv is a digital banking platform launched by Emirates NBD, one of the leading banking groups in the Middle East. Designed to cater to the tech-savvy generation, Liv aims to redefine banking by offering a seamless and user-friendly mobile banking experience. Since its launch in 2017, the platform has focused on providing innovative financial solutions that blend convenience with modern lifestyle needs.
Moreover, at the heart of Liv is its smart banking app, which allows users to manage their finances with ease. The app offers a variety of features, including a digital account with no minimum balance requirements, instant money transfers, bill payments, and budgeting tools. Liv. users can also receive real-time notifications for transactions, helping them stay on top of their spending and savings.
Likewise, one of Liv’s standout features is its focus on rewards and financial literacy. The platform provides users with the opportunity to earn points for various transactions, which can be redeemed for a range of lifestyle benefits such as discounts, vouchers, and exclusive offers from partner merchants. Additionally, Liv includes educational resources and financial planning tools that help users improve their financial literacy and make informed decisions about their money.
In addition, Liv also integrates social features, allowing users to send and request money easily from friends and family. This peer-to-peer payment capability enhances the app’s appeal among younger users who prioritize convenience and connectivity in their banking experience. The platform’s commitment to providing a holistic digital banking solution makes it particularly attractive to millennials and Gen Z customers.
By blending traditional banking services with modern technology and lifestyle-oriented features, Liv. stands out as a forward-thinking digital bank that meets the needs of a new generation of consumers. Its focus on user experience, rewards, and financial empowerment positions Liv. as a prominent player in the Middle Eastern fintech landscape, driving innovation and accessibility in personal finance.
Founded: 2017
Headquarters: Dubai, United Arab Emirates
Users: +500,000 thousand
Countries available: United Arab Emirates
Account plans: 1 plan option for personal users