Finary is a wealth management platform that aggregates financial data from over 20,000 banks and investment accounts, providing users with real-time performance tracking and detailed analytics of their assets. The platform automates portfolio management, enabling users to identify hidden fees and optimize their investment strategies without the need for manual spreadsheets.
Funding
$14.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
+1Founders
Product
Problem
Many individuals find it challenging to consolidate and track their financial assets, which are often spread across numerous banks, investment accounts, and crypto platforms. This fragmented view makes it difficult to gain a clear understanding of overall financial performance and identify opportunities for optimization. Furthermore, manually tracking expenses and identifying hidden fees can be time-consuming and inefficient.
Solution
Finary is a wealth management application that addresses these challenges by providing a centralized platform to track, optimize, and invest. It aggregates financial data from over 20,000 global banks, brokers, and crypto platforms, offering users a comprehensive view of their assets in real-time. The platform automates portfolio tracking, enabling users to monitor performance, analyze diversification, and identify hidden fees. Finary also offers budgeting tools to track income and expenses, as well as the ability to invest in cryptocurrencies directly through the app.
Target Audience
Finary is designed for individual investors and wealth builders who want a consolidated view of their financial assets, automated tracking of their performance, and tools to optimize their investment strategies.
Features
- Automated aggregation of financial data from over 20,000 banks, brokers, and crypto platforms
- Real-time performance tracking with customizable charts and detailed analytics
- Diversification analysis by country, sector, and segment
- Fee scanner to identify hidden investment fees
- Budget management tools to track income and expenses
- Passive income tracker for dividends and other income sources
- Crypto investment platform with 25+ cryptocurrencies available for purchase
- Dollar-Cost Averaging (DCA) investment plans for crypto
- Integration with BlackRock iShares Portfolio ETFs for diversified investment strategies
- iOS widget for at-a-glance tracking of net worth and performance