What is Finnt?
Students? Spend smarter with roommates, family or clubs. Get money savvy with Finnt AI Personal Banker. Save at 4% APY, earn daily rewards and 3% cash back. International students? open accounts without SSN and get free incoming international wires.
Problem
Students managing their finances often struggle with budgeting alongside roommates, family, or clubs and face difficulty in gaining financial literacy. Traditional banking services are not tailored to the needs of students, especially international students who need to open accounts without a Social Security Number (SSN) and seek cost-effective options for international money transfers. Traditional banking services not tailored to students, difficulty in opening accounts for international students without SSN.
Solution
Finnt is a next-gen banking app designed specifically for students. It functions as a personal banker through its AI capabilities, helping users to spend smarter whether alone or with roommates, family, or in clubs. With Finnt, students can save at an attractive 4% APY, earn daily rewards, receive 3% cash back on transactions, and for international students, open an account without needing an SSN alongside benefiting from free incoming international wire transfers. AI-powered personal banking, exclusive financial benefits for students, no SSN required for international students, free incoming international wire transfers.
Customers
The primary users of Finnt are students looking to manage their finances more effectively. This includes domestic students aiming to save money and enhance their financial literacy, as well as international students who require banking solutions that can accommodate their unique needs without an SSN. Students, especially international students without SSN.
Unique Features
AI-based personal banking for tailored financial advice, High savings interest rate (4% APY), Daily rewards and 3% cash back on transactions, Account opening for international students without SSN, Free incoming international wire transfers.
User Comments
User-friendly interface and easy account setup
Effective tool for improving financial literacy among students
Highly beneficial for international students
Attractive savings interest and cashback offers
Positive feedback on the efficiency of the AI personal banker
Traction
Unfortunately, specific traction details such as number of users, MRR/ARR, or financing data were not available from the provided sources or product's official website.
Market Size
The global Neobanking market was valued at $34.77 billion in 2020 and is expected to grow substantially due to the increasing demand for digital banking among young consumers, including students.
