This Artificially Intelligent Saving and Investment App Helps You Manage Money
Alyson Wyers — March 17, 2016 — Tech
This saving and investment app uses artificial intelligence to easily manage your money. Based in London, UK, startup WealRo is an AI assistant that focuses specifically on the area of personal finance. The new venture is currently encouraging people to sign up as a founding member, as the new application is not yet ready to be released.
The investment app aims to take the fear and frustration out of saving funds. The voice-activated program is compatible with smartphones as well as smartwatches. WealRo's 'Robo-Save' and 'Robo-Invest' features leverage the technology of artificial intelligence to help you meet your saving goals. There is also a solo option where users can get commission-free stock and share trading.
The investment app aims to take the fear and frustration out of saving funds. The voice-activated program is compatible with smartphones as well as smartwatches. WealRo's 'Robo-Save' and 'Robo-Invest' features leverage the technology of artificial intelligence to help you meet your saving goals. There is also a solo option where users can get commission-free stock and share trading.
Trend Themes
1. Artificially Intelligent Saving and Investment Apps - The development of AI-powered saving and investment apps that aim to simplify personal finance management represents an opportunity for businesses to innovate in the fintech industry.
2. Voice-activated Finance Assistants - The increasing popularity of voice-activated finance assistants offers an opportunity for businesses to integrate this technology into their own finance products and services.
3. Commission-free Stock and Share Trading - The rise of commission-free stock and share trading as an option in investment apps represents a disruptive innovation opportunity for businesses to attract new customers in the finance industry.
Industry Implications
1. Fintech - Fintech companies can leverage AI-powered saving and investment apps to provide an easy-to-use and comprehensive personal finance solution for their customers.
2. Mobile Technology - Mobile technology industries can integrate voice-activated finance assistants to enhance the user experience of personal finance management apps on smartphones and smartwatches.
3. Investment - Investment companies can embrace commission-free stock and share trading to attract a new set of customers and stay competitive in a rapidly changing finance industry.
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