Online cash investment platform Cashwerkz has announced a new partnership with a non-aligned financial advice firm as well as two new authorised deposit-taking institutions.
As well as MartinCo Financial Services, ADIs Auswide Bank and Bank of us have also joined Cashwerkz’s online cash investment marketplace, according to a statement.
MartinCo Financial Services is an authorised representative of non-aligned licensee MyPlanner.
Cashwerkz chief executive Hector Ortiz said it’s fantastic to see new partners recognise the benefits of its platform.
“Our continued growth in funds on the platform signals investors trust our secure and innovative marketplace,” Mr Ortiz said.
Cashwerkz has also launched a new At Call account option it says is designed to offer significantly higher market-competitive interest rates.
The At Call option will be available through AMP, Auswide Bank and ME Bank, with five other ADIs joining in the near future, it said.
Last year, Cashwerkz made deposit datafeeds available to advisers via an integration with IRESS’s XPLAN software.
Adrian Flores is a deputy editor at Momentum Media, focusing mainly on banking, wealth management and financial services. He has also written for Public Accountant, Accountants Daily and The CEO Magazine.
You can contact him on [email protected].
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