People mismanage their personal finances: saving money, using efficient forms of credit or otherwise knowing their own true financial status is something that few of us is capable of.
We rarely access our own financial data and have little time or ability to interpret this data in a way that can answer day to day financial questions.
We want to build the Siri of Financial Wellness: a smart financial assistant, that learns about you through your data uses through machine learning and can answer complex financial questions, such as:
"What is my overall balance on all my accounts"
“How much deposit would I need for a house in this postcode area?”
“How long would it take me to save up for it?”
“Can I afford a new car?”
“How much can I set aside for my children’s education?”, etc.
These questions would take a human financial adviser considerable time and expense to work out but with the data at hand these are not exceptionally complex calculations.