- Published on August 9, 2024
- In AI Features
CRED Money – Personal Finance Manager with Advanced Data Science
Nearly 7 in 10 of India’s affluent live with fragmented finances spread across multiple bank accounts, wallets, and UPI IDs.
Image by Nikhil Kumar
- By Vidyashree Srinivas
Managing finances isn’t easy for most of us. Data shows that an average consumer makes around 200 transactions every month. No wonder, nearly 7 in 10 of India’s affluent live with fragmented finances spread across multiple bank accounts, wallets, and UPI IDs.
Further, according to an Amex Trendex survey, 69% of Indians prioritised financial health as part of their 2024 New Year resolution. On this front, growing savings (81%) and investing or expanding investments (75%) were the primary goals.
Building on this, CRED has recently introduced a feature called CRED Money. It leverages advanced data science to analyse spending patterns, provide personalised insights, and promote proactive personal financial management.
By making members more aware of their finances, CRED Mone
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Vidyashree Srinivas
Vidyashree is enthusiastic about investigative journalism. Now trying to explore how AI solves for all.
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