Gabriel Money offers an AI-powered mobile application designed to guide users in building positive financial habits and mastering their budgets. The platform provides personalized assistance for credit building, expense tracking, and managing financial goals. It functions as a judgment-free financial guardian, offering tools like Score Guardian and student loan repayment aid with a focus on user security and control.
Funding
$20K 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.
Founders
Product
Problem
Many individuals in the US, particularly within the Latino community, face challenges in accessing traditional banking services and building credit history due to factors like limited credit history or lack of a Social Security Number. This can restrict their access to loans, mortgages, and other financial products necessary for economic advancement.
Solution
Gabriel Money provides a digital banking platform designed to help users, especially Latinos in the US, manage their finances and build credit without incurring debt. The platform features a secured card that allows users to make everyday purchases while building a positive credit history. An integrated e-wallet enables users to securely deposit funds, which can also boost their card limit. The platform also provides tools to monitor credit scores and spending in real-time, along with educational resources to improve financial literacy.
Target Audience
The primary target audience is the Latino community and other individuals in the US who are looking to build or improve their credit history and manage their finances through a digital banking platform.
Features
- Secured credit card for everyday purchases without requiring a credit check for application.
- E-wallet for secure money deposits that can also increase the secured card's limit.
- Real-time credit score and spending monitoring with instant alerts.
- Financial literacy resources, including quizzes and a curated blog.
- ITIN and SSN accepted for sign-up.
- MasterCard acceptance worldwide.
- ATM locator (coming soon).