Startup of the Week - Cash Coach
by Startacus Admin
The fintech app Cash Coach - that gamifies saving!
Whilst some people can manage their finances without any issue, for others it’s an eternal challenge. It might be necessary but quite frankly it can be dull.Checking bank statements and paying bills and managing budgets? Yawn...And when it comes to saving money, it’s never really on the radar at all.
Recognising that this is how many people feel when it comes to managing their finances, our latest startup of the weekhas created an innovative solution.
Cash Coach is a startup which is using AI technology and gamification to make saving fun.
When you sign up, you create your avatar, connect your bank accounts to the app and then pick your difficulty level - Easy, Medium or Ambitious and then Cash Coach will set you a savings challenge to complete.
Your main goal is to save as much money as possible and to level-up your in-game avatar as you do. You’ll be given weekly milestones to achieve and you’ll level-up based on the savings that you make.
At any time you’ll be able to check the Cash Coach app and see how you are doing - whether you’ve gone into overdraft, where most of your money is being spent and even how long you would realistically survive based on the savings that you’ve got!
Cash Cow motivates you along the way and as you progress towards your financial goals, your avatar develops until you reach Level 5 and can “manage money like a champion”.
It’s free to use although you can upgrade to a premium plan which gives you more advanced analytics and AI coaching.
Cash Coach is easy to use and the benefits are clear. So if you’re not already a savvy saver, we reckon you should give this fintech gaming startup a try!
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Published on: 15th July 2020
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