About the Idea

FinWhiz is an AI-powered mobile app designed to help young professionals understand, manage, and grow their personal finances. It automates the budgeting process, tracks expenses, and recommends saving/investing opportunities based on behavioral analytics and financial goals.

Targeted at Gen Z and millennials, FinWhiz offers a smarter, stress-free way to improve money habits and build wealth over time — all without spreadsheets or financial jargon.

The Problem

Young professionals often struggle with money management due to lack of financial literacy, inconsistent saving habits, and overwhelming options in the fintech space. Budgeting tools are often too manual, while advisory platforms are costly or too complex.

Key Features

• Bank Sync & Categorization: Connects to bank accounts and automatically categorizes spending (food, bills, travel, etc.).
• AI Recommendations: Suggests personalized budgeting tips, savings targets, and spending alerts.
• Micro-Investing: Round-up spare change into mutual funds or digital gold.
• Gamified Progress: Track your financial “health score” and unlock savings rewards.

Market Opportunity

There are 140 million salaried millennials in India alone, 78% of whom use smartphones for online banking and digital payments. Yet only 18% actively use budgeting apps. FinWhiz aims to fill this massive gap with a user-first approach.

Current Progress

We’ve completed MVP testing with 2,000 users and achieved a 62% weekly retention rate. Our AI engine has 80% accuracy in detecting spending patterns after just 2 weeks of use.

Funding Requirements

We are raising $180,000 in pre-seed capital to:

• Launch in India, UAE, and Singapore
• Partner with 3 banks and 2 mutual fund platforms
• Expand the team for product development and AI optimization

FinWhiz isn’t just a finance app — it’s a financial wellness partner designed for the next generation of earners and investors.