Amaiz: An Innovative Digital Banking Service

A new banking service on the block that promises to provide a premium digital banking service to small businesses, start-ups and freelancers. It is a virtual banking system and operational since June 2019. It integrates new tools to provide a unique but convenient experience. So the question is, is it worth it?

Features this digital banking service provides

To be successful, every business in the service industry should provide unique features to attract customers and here is what Amaiz has to offer.

Account & Payments

Open your account with Amaiz if you are a sole trader and get the most out of your current account.

Card management

Amaiz has a very effective system in place to help you in case you have misplaced or lost your card. All you need to do is press a button in the app to freeze your card, and if you are lucky enough to find your card again you can just as easily unfreeze it.


The app provides instant push notifications in case of any activity happening in your account. This way if you haven’t made a certain transaction, you can report it instantly.

Cash flow

This feature utilises the data from your account activity to come up with cash flow charts.


For small businesses, this is actually a great tool as you can customise your invoices according to your business needs. You can even save any invoice as a draft to use later.

Accounting software integration

Amaiz even offers accounting services and so you can conveniently sync your app with another accounting software to manage your books.


Since it is digital, Amaiz has made sure that their security system provides a safe experience to its customers. The system is designed to protect your data and to access the app you need to provide biometric and video verification.

Pros of Amaiz

  • You can set up your account in no time
  • User friendly
  • They even provide free bookkeeping and accounting advice
  • Cost effective
  • Provides a one month free trial so you can see if the service meets your needs
  • It is all virtual so you can access everything from the comfort of your home
  • Provides many unique features that others in the same category don’t
  • It is a licensed service so you don’t need to be concerned about safety

Cons of Amaiz

  • You incur additional charges if you want use your card outside the UK
  • Their credit card facility and overdrafts are not available yet

Bottom Line

Amaiz is actually a great service if you want to ease your work and make it hassle free since it provides some easy to use unique features. If you are travelling a lot and don’t want it to get too expensive then this service might not be feasible for you as every time you use your card abroad, you will incur additional charges.

Other than that, if you are an independent business owner and have just started out this is an amazing service that you can utilise.

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