FINMATEX: Personal Finance Management App
Living paycheck to paycheck is quite common these days. And it's not just about overspending. Unpredictable income, low wages, and high costs for health care, utilities, insurance, and education are the reasons you can suddenly find yourself living on the edge financially through no fault of your own. Even people with high income tend to spend the entire paycheck without squirreling any money away for emergencies like medical expenses or unexpected job loss.
Challenge
Solution
It’s a powerful tool that allows users to:
- Manage all their accounts — cash, checking, loans, and investments — in one place;
- Keep track of their spending by splitting transactions into categories automatically;
- Set spending limits and get notifications when they exceed them;
- Build their own budget or use the individual budget created by the app based on the analysis of income and expenses for the past 12 months;
- Set financial goals and track their progress;
- Get detailed reports on their income, spending, net worth, loan payments, interest, investments, and more.
Project Results
Online Banking App developed by Softarex produces the following benefits to users:
- 24/7 access to the personal account and bank operations;
- More informed spending decisions;
- Maximized savings.
Technical challenges
- Ensuring data security;
- Data encryption.
Our experts
We are experts in software and hardware engineering. By using and combining cutting edge technologies, we create unique solutions that transform industries.
Softarex is a one-stop-shop, providing all services needed to make your project a success.
Dmitry
Financial & Fintech expert, Co-founder and CSO of FINMATEX
I have close to 25 years of experience in the stock market. Prior to Softarex, I worked as a division manager and CEO in brokerage firms. I was involved in consulting, analytics, trading, risk management, the development of trading robots and IT platforms, and employee training.
At Softarex, I’m in charge of the development of the FINMATEX project and the entire Fintech direction of the company. My professional interests lie in financial derivatives, portfolio management, and risk assessment. I consider it my social responsibility to assist people in personal financial management and investing.