What is Simplify Money?
Simplify Money App - An AI-powered, one-stop solution for personal finances. Plan your goals, get financial health score, make informed decisions, and save on taxes with hyper-personalized insights.
Problem
Users struggle to manage personal finances effectively, track financial health, plan goals, make informed decisions, and optimize tax savings.
Solution
A mobile app that serves as an AI-powered, comprehensive platform for personal finance management. Users can plan financial goals, assess financial health, receive personalized insights, and optimize tax savings.
Core features: goal planning, financial health scoring, personalized insights, tax optimization.
Customers
Individuals seeking streamlined and personalized solutions for managing personal finances, planning financial goals, improving financial health, and saving on taxes.
Occupation: Professionals, freelancers, entrepreneurs, and individuals looking for holistic financial management.
Unique Features
Hyper-personalized insights tailored to individual financial situations.
Comprehensive financial health scoring system.
User Comments
Love how easy it is to set financial goals and track progress.
The tax optimization feature helped me save a significant amount this year.
The personalized insights are incredibly accurate and insightful.
Very user-friendly interface, even for those who are new to personal finance management.
Highly recommend for anyone who wants to take control of their finances.
Traction
Currently, the app has over 100k downloads on the Google Play Store and the Apple App Store, with a monthly active user base of 50k users.
Generated $200k in MRR, with a recent seed funding round of $2 million.
Market Size
$12.34 billion market size for personal finance management apps globally in 2021, with a projected growth rate of 8.5% CAGR from 2022 to 2028.
