In honor of Boston FinTech Week, we’re looking at ways FinTech impacts our daily lives.
As those in the FinTech space already know, managing one’s personal finances is easier than ever. Thanks to the rise of financial technology, users can make purchases, check bank statements, pay bills and track investments straight from their mobile devices.
FinTech apps are constantly evolving
In today’s crowded FinTech marketplace, financial technology companies and their app designers have been forced to up their game, providing more accessible, user-friendly interfaces. .
Five free or low-cost FinTech apps
Venmo allows users to request or send money from their family and friends by either connecting to their personal bank account or by depositing funds into the app.(Free)
Mint gives users an opportunity to see their finances all in one place. The app houses credit scores, bills, balances, investments and more. Users can set savings goals, manage budgets, and track their progress. (Free)
Acorns is an app that takes a user’s spare change from their daily purchases by rounding up to the nearest dollar and puts that money toward savings or investments. ($1, $2, or $3 per month depending on a user’s account balance)
Wally is a daily tracking app designed to give users an overall picture of their financial activity as well as to set goals for the future. (Free)
PocketGuard is a money management app that enables users to see where they are spending their money in simple and easy-to-understand graphs. PocketGuard provides tips on where users could potentially be saving money and creates unique budgets for each individual. (Free)
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