Jun 25, 2021
No image
Ongoing
Money Saving and Personal Finance Assistant App
$75,000+
4-6 months
United States
6-9
Service categories
Service Lines
Software Development
Mobile Development
Domain focus
Banking & Financial Services
Programming language
Kotlin
Python
Swift
Frameworks
.NET
Challenge
The app helps develop healthy financial habits with gamification features and supports viral marketing with social functionality.
The app helps develop healthy financial habits with gamification features and supports viral marketing with social functionality.
Solution
We started with building a classical expense tracker MVP. Once a user registers and links all the bank and credit cards to their personal account, the app starts automatically analyzing transaction details, tracking and categorizing the user’s income and expenses, and visualizing data with graphs and charts.
The app allows setting saving goals: budgeting for the next vacation, paying off credits, saving for a house or retirement and tracking the progress daily. The app can be set up to automated transfer a predefined sum of money from a certain income/expenditure to a saving or brokerage account.
We started with building a classical expense tracker MVP. Once a user registers and links all the bank and credit cards to their personal account, the app starts automatically analyzing transaction details, tracking and categorizing the user’s income and expenses, and visualizing data with graphs and charts.
The app allows setting saving goals: budgeting for the next vacation, paying off credits, saving for a house or retirement and tracking the progress daily. The app can be set up to automated transfer a predefined sum of money from a certain income/expenditure to a saving or brokerage account.
Results
As a result, Itexus has delivered a ready-to-use mobile app, with a core set of expense tracker functions and gamification features.
The team is currently working on the second version of this money saving app turning it into a full-scale virtual personal finance assistant, empowered with a tax calculator and bill payment service, investment adviser allowing to automatically create a stock portfolio depending on the client’s investment profile and automatically invest savings via a 401k or IRA brokerage account.
As a result, Itexus has delivered a ready-to-use mobile app, with a core set of expense tracker functions and gamification features.
The team is currently working on the second version of this money saving app turning it into a full-scale virtual personal finance assistant, empowered with a tax calculator and bill payment service, investment adviser allowing to automatically create a stock portfolio depending on the client’s investment profile and automatically invest savings via a 401k or IRA brokerage account.