Image Credits: Ivan Siarbolin/Pexels | Cropped by GBN
Sav, the UAE’s leading financial technology company, has unveiled ‘MyMoney’ to help the UAE residents track, analyze and gain deeper insights into their cash flow.
MyMoney aims to consolidate users’ financial data from all their bank accounts, and presents it on a single dashboard. This will also enable users to track transactions by merchants or categories and get reminders for bill payments and subscriptions.
Purvi Munot Co-founder and CEO – Sav
“We’re thrilled to introduce Sav MyMoney, our newest tool to help UAE residents master their finances. Today’s consumers juggle multiple financial accounts, making it hard to track spending. Sav MyMoney simplifies this by bringing everything together in one place. With stunning visuals and clear insights, we’re empowering people to confidently manage their money.”
Users can set up MyMoney by simply linking their bank accounts, and the app will automatically categorize their expenses, track transactions, and analyze spending. The integration of Google’s Gemini AI further enhances the working of MyMoney, providing near-perfect categorization and intelligent insights.
MyMoney uses user data solely for the purposes that users have consented to: to provide insights into their financial activities. Users can revoke consent at any time. This initiative highlights the unwavering commitment of Sav to enhancing privacy and security. Additionally, the transaction history of up to 180 days is provided to help users review and clarify doubts.
Mithil Ajmera, Co-Founder and COO of Sav, added that, “At Sav, we are deeply committed to user privacy and security. All data is securely encrypted and protected, and we follow strict privacy policies and security measures to keep user data safe. We don’t want to know how our users use their money. We want them to know it, so they can optimize their expenses and cash flow.”
Sav was recently recognized by Google as one of the top 10 women-led startups in AI in the MENA region and ever since, it has launched several products and features to make money management easier for their users.
