Financial management platform Moneyhub has integrated with Monzo and Starling’s application programming interfaces (APIs) to offer the digital-only banks’ customers a holistic overview of all their assets.

Users of the two UK challenger banks will now have access to Moneyhub’s proprietary categorisation engine and can link up current and savings accounts alongside any credit cards, pensions, loans, mortgages, properties, ISAs or investments.

They will also have access to personalised ‘Smart Nudges’, like a loan-to-value ratio nudge that proactively alerts when qualifying for better mortgage rates, or a micro saving nudge, where a reduction in regular spending has been identified which could easily be put to better use.

An authorised Account Information Service Provider under the new Open Banking rules, Moneyhub is poised to work with all the nine major banks when they go live, and is currently integrating with the six which are ready.

Samantha Seaton, chief executive of Moneyhub, commented: “Our vision is to empower the consumer via our Enterprise partners and clients who understand a truly customer centric proposition needs to be personal – Open Banking has moved us one step closer to this and brings significant benefits to both businesses and consumers.”

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