Canadian fintech Yoo Financial (pronounced “you”) has announced a partnership with Walnut, a leading North American provider of embedded insurance technology, to enhance its range of Yoo Financial Mastercard credit cards. The collaboration aims to introduce a suite of innovative insurance and protection benefits for cardholders, transforming how Canadians engage with their financial products.
Through Walnut’s technology, Yoo Financial Mastercard cardholders will gain access to modular, personalised insurance offerings alongside their credit card. The dynamic infrastructure provided by Walnut will allow cardholders to manage and adjust their coverage at any time, tailoring protection to their individual needs.
“Canadians expect more from their financial products and continue to demand increasingly personalized and tailored solutions. Our partnership with Walnut will enable Yoo Financial to deliver benefits that go far beyond what is currently available in the market and offer genuine, relevant protection for everyday life.”, said Jason Zhang, Founder & Head of Product at Yoo Financial. “This is about trust, simplicity, and delivering real value through modern technology and exceeding cardmember expectations.”
“Our competitive differentiation is making insurance effortless, relevant, and embedded in the moments where people need it”, said Derek Szeto, CEO and Co-Founder of Walnut. “Together with Yoo Financial, we’re changing the way protection is accessed and experienced by their cardholders. This will raise the bar for what Canadians expect from their financial partners.”
Yoo Financial Mastercard credit cards are issued by Yoo Financial™, under a licence from Mastercard International Incorporated.
