Buddy logo

Buddy Review

Comprehensive review and analysis of Buddy's digital banking services

Quick Facts

Founded
2021
Head Office
Italy
Active Customers
200,000+
Total Funding
UniCredit subsidiary
Employees
150+
App Store Rating
4.4/5

Pros & Cons

Pros

  • Bank backing
  • Modern features
  • Easy onboarding
  • Competitive rates
  • Investment options
  • Youth focus

Cons

  • New to market
  • Limited features
  • Italy-only availability
  • Basic services

Supported Countries

  • Italy

Fees

  • Account Maintenance Free
  • Card Issue Free
  • ATM Withdrawals Free at UniCredit ATMs
  • Transfers Free
  • Investment Platform Competitive rates

Overview

Buddy has provided digital banking services since 2021 as part of UniCredit. Their platform combines traditional bank stability with modern features designed for younger users.

Key Features

Banking Services

  • Digital account
  • Debit card
  • Mobile payments
  • Money transfers
  • Bill payments
  • Payment scheduling

Investment Features

  • Investment platform
  • Savings products
  • Portfolio tracking
  • Market analysis
  • Financial planning
  • Educational content

Mobile Features

  • Modern interface
  • Real-time notifications
  • Transaction tracking
  • Budget management
  • Goal setting
  • Account controls

Additional Services

  • Youth benefits
  • Partner discounts
  • Financial education
  • Security features
  • Support services
  • UniCredit integration

Security Features

  • Bank-grade security
  • Two-factor authentication
  • Transaction monitoring
  • Fraud detection
  • Device management
  • Instant blocking

Customer Support

  • 24/7 assistance
  • In-app chat
  • Email support
  • Help center
  • Video guides
  • Branch access

Verdict

Buddy excels in providing modern digital banking services with traditional bank backing. Their focus on younger users and modern features makes them particularly valuable for customers seeking digital banking with established bank support.

While the platform is relatively new with some limitations, it offers solid functionality for everyday banking needs. The main limitations are the Italy-only availability and basic services, but for Italian users seeking modern banking with UniCredit backing, Buddy provides an excellent solution.