ASX listed Zip Co owned Pocketbook have made the decision to close the Pocketbook app 📲 and web service 💻 effective 5 August 2022.

Zip, will be bringing money management features in in house in the near future.

• ASX listed Zip Co owned Pocketbook have made the decision to close the Pocketbook app & web service effective 5 August 2022.

• According to the Pocketbook website :

“Pocketbook was created to empower people by helping them save and spend smarter every day. This has been our mission for the last 10 years, helping hundreds of thousands of Australians along the way and pioneering a new way to view and manage money.”

“Pocketbook’s parent company, Zip, will be bringing money management features to life in it’s app in the near future.”

• The company has suggested 3 Alternative providers namely WeMoney, Ubank and Frollo

• Zip is also “winding down” Zip Business and de-prioritising new financial services products.

• Zip (ASX:ZIP) shares last traded at 53c.