W1TTY
Key Data
- Trading Name: W1TTY
- Legal Entity: WITTY Global UAB/W1TTY Global LTD./ W1TTY Capital UAB
- Activities: Electronic Money Institution
- Location: Lithuania
- Regulations: authorised by the Central Bank of Lithuania/FCA
- Key People: Ammar KUTAIT
- Latest news: W1TTY
- Latest update: September , 2024
WITTY is an electronic money institution authorized and regulated by the Bank of Lithuania.
Offering
W1TTY is a digital financial service offering tools for personal finance management, including spending tracking, bill splitting, customized cards, and rewards like cashback on select brands. It provides EMI-licensed banking services across the UK and EEA, supporting physical and virtual debit cards, transfers, and cash withdrawals at 25,000 ATMs worldwide. W1TTY prioritizes security with features like freeze/lock and biometric logins. It aims to empower users to control their finances through a gamified, user-friendly approach.
Serving Industries
W1TTY primarily serves younger, tech-savvy individuals such as Gen Z and millennials who seek modern and flexible financial solutions. Their services are designed for people looking for efficient personal finance management, quick digital payments, and a mobile-first approach to banking.
Regulation
Customer Reviews
- Trustpilot: 2,2 Stars with 430+ Reviews
Key People
Ammar KUTAIT
- Date of birth:
January 1971
- Nationality:
British
- Country of residence:
United Arab Emirates
Conclusion and Rating
W1TTY can be rated as compliance green due to its adherence to multiple regulatory frameworks and transparent provision of legal information. However, from a customer satisfaction standpoint, it is currently rated orange due to poor Trustpilot reviews, indicating issues with user experience and customer support. Therefore, while it is a secure and compliant financial service, improvements in customer relations and service quality are necessary.
