A US study has found that users of snazzy fin-tech apps tend to be worse off when making financial decisions. A wave of disruptor companies may have transformed day-to-day fiscal attitudes, with the intangibility of digital payments said to be creating a generation unaware of their spending.

The pandemic has brought about financial problems for many freelance workers as they struggle to get work or state compensation. The Lili app is looking to serve these needs, letting people organize and track their finances easily and helping freelancers better balance work and life.

COVID-19 has impacted every aspect of people’s lives and a looming recession means the worst may yet be in store. Having grown up in the wake of the 2008 crash, Gen Zers are already alert to financial precarity, but how will coming of age during a pandemic shape their relationship with money?

To make managing their money easier for Americans, the Dave app links with existing bank accounts and aims to keep people in the black by notifying them when they’re about to go into overdraft. It also breaks down anticipated ingoings and outgoings, giving users an easy way to budget.