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HYPE Review

Comprehensive review and analysis of HYPE's digital banking services

Quick Facts

Founded
2015
Head Office
Italy
Active Customers
1.5+ million
Total Funding
Banca Sella Group
Employees
200+
App Store Rating
4.4/5

Pros & Cons

Pros

  • Easy account opening
  • Cryptocurrency trading
  • Investment features
  • Social payments
  • Budget management
  • No hidden fees

Cons

  • Limited availability
  • Some features premium only
  • Basic customer support
  • Italy-focused services

Supported Countries

  • Italy

Fees

  • Basic Account Free
  • Next Account €2.90/month
  • Premium Account €9.90/month
  • ATM Withdrawals €0.90 for Basic, Free for Premium
  • Foreign Transactions Free with Premium

Overview

HYPE has revolutionized banking for young Italians since 2015. Their platform combines essential banking services with modern features like cryptocurrency trading and social payments, making financial services more accessible to digital-native customers.

Key Features

Banking Services

  • Current account
  • Debit card
  • Mobile payments
  • Bank transfers
  • Direct debits
  • Bill payments

Investment Features

  • Cryptocurrency trading
  • Stock investments
  • ETF trading
  • Market analysis
  • Portfolio tracking
  • Investment insights

Digital Features

  • Mobile app
  • Social payments
  • Expense tracking
  • Budget management
  • Real-time notifications
  • Payment requests

Premium Benefits

  • Insurance coverage
  • Higher limits
  • Priority support
  • Free withdrawals
  • Premium card
  • Exclusive offers

Security Features

  • Biometric authentication
  • Transaction monitoring
  • Card freezing
  • Fraud detection
  • Device management
  • Secure messaging

Customer Support

  • In-app chat
  • Email support
  • Phone assistance
  • Help center
  • Video tutorials
  • Social media support

Verdict

HYPE excels in providing modern banking services tailored to young, digital-native customers. Their combination of traditional banking features with cryptocurrency trading and social payments makes them particularly attractive for tech-savvy users.

While the platform is limited to Italy with some premium features requiring subscription, the free tier offers solid functionality for basic banking needs. For Italian users seeking a modern, digital-first banking experience with investment options, HYPE provides an excellent solution.