Company / App Name: Penny
What does it do?
Penny is a personal finance app that helps you easily understand how you are spending and saving your money. Penny gives you insights into the merchants you frequent, subscriptions you can cancel, and hidden bank fees that you’re charged.
Why do we need it?
It’s important to understand where your money is going. Too often people are hit with hidden bank fees, credit card fraud, or subscription fees for services that they don’t use. Penny keeps an eye on all of your finances for you.
Who is it for?
Penny is for people in the US with a bank account or credit card. If you want to save money, Penny will give you actionable advice on how to do that. If you want help getting out of debt, Penny will put you on the path to success.
What makes it stand out from the crowd?
Penny is a chatbot who is fun and easy to talk to. Traditional banking tools and other finance apps tend to make finances less approachable and intimidating. Penny removes this layer of stress, so that you can understand your finances.
Penny is growing everyday with more insights and conversations. Next on the list is actively helping people save more money and pay off their debt.