Twine Honored with 2019 FinTech Breakthrough Award

Saving and Investing App Backed by John Hancock Named Best Overall FinTech Mobile App

News provided by

Apr 03, 2019, 13:13 ET

BOSTON, April 3, 2019 /PRNewswire/ -- Twine, the savings and investing app backed by John Hancock, today announced it has been named "Best Overall FinTech Mobile App" by FinTech Breakthrough, an independent organization that recognizes the top companies, technologies and products in the global FinTech market.

Twine, the savings and investing app backed by John Hancock, was selected as winner of the “Best Overall FinTech Mobile App” by FinTech Breakthrough. (PRNewsfoto/John Hancock)

The FinTech Breakthrough Awards is the premier awards program founded to recognize the FinTech innovators, leaders and visionaries from around the world in a range of categories, including Banking, Personal Finance, Lending, Payments, Investments, RegTech, InsurTech and many more. The 2019 FinTech Breakthrough Award program attracted more than 3,500 nominations from across the globe.

"It is an honor to receive this FinTech Breakthrough Award in recognition of our work to bring Twine to market and help customers save and invest with goals in mind," said Steve Dorval, CEO of Twine and head of innovation at John Hancock. "At John Hancock, we're committed to fostering innovation and working with startups to develop new technologies that help make our customers' decisions easier and their lives better – and Twine is a perfect example of that effort."

"Twine is a standout fintech innovator for this year's program, bringing the sharing economy to the fintech sector to help individuals collaborate to reach their financial goals," said James Johnson, Managing Director, FinTech Breakthrough. "We are pleased to recognize Twine for delivering a breakthrough concept and executing on it to garner impressive growth and user adoption this past year. We are also excited to recognize John Hancock's industry leadership and vision in backing the Twine app. Congratulations to the entire John Hancock and Twine team on their well-deserved industry recognition."

Twine, which has been named Apple's App of the Day four times since launching in 2017, simplifies saving for major milestones like down payments, weddings, and vacations by allowing users to collaborate and link accounts with others to stay on track and reach investment and financial goals. From automated savings to investing in portfolios customized for individual risk and return aspirations, the Twine app helps manage progress across financial goals from a single dashboard for both individuals and pairs.

About Twine by John Hancock
Twine is the first saving and investing app built for two. It simplifies saving for major milestones like weddings, down payments and vacations. Twine helps you put your savings on autopilot and invest in portfolios designed to help you reach your goals. Joint Twine accounts allow you to contribute with another saver and track your progress together. Twine is backed by the stability and expertise of John Hancock. To download, visit http://apple.co/2BZWCjJ. Twine is a service provided by John Hancock Personal Financial Services, LLC, an SEC registered investment adviser.

About John Hancock and Manulife
John Hancock is a division of Manulife Financial Corporation, a leading international financial services group that helps people make their decisions easier and lives better. We operate primarily as John Hancock in the United States, and Manulife elsewhere. We provide financial advice, insurance and wealth and asset management solutions for individuals, groups and institutions. Assets under management and administration by Manulife and its subsidiaries were CAD$1.1 trillion (US$794 billion) as of December 31, 2018. Manulife Financial Corporation trades as MFC on the TSX, NYSE, and PSE, and under 945 on the SEHK. Manulife can be found at manulife.com.

One of the largest life insurers in the United States, John Hancock supports more than 10 million Americans with a broad range of financial products, including life insurance, annuities, investments, 401(k) plans, and college savings plans. Additional information about John Hancock may be found at johnhancock.com.

About FinTech Breakthrough
Part of Tech Breakthrough, a leading market intelligence and recognition platform for technology innovation and leadership, the FinTech Breakthrough Awards program is devoted to honoring excellence in Financial Technologies and Services companies and products. The FinTech Breakthrough Awards provide public recognition for the achievements of FinTech companies and products in categories including Payments, Personal Finance, Wealth Management, Fraud Protection, Banking, Lending, RegTech, InsurTech and more. For more information visit FinTechBreakthrough.com.

SOURCE John Hancock