Smoov AI is an expense management application that automatically splits shared purchases and recurring bills between couples, integrating with existing credit cards to streamline financial tracking. By providing insights into spending trends and facilitating direct transfers, Smoov helps couples manage their finances collaboratively without the need for a shared bank account.
Funding
Funding not disclosed
Founders
Product
Problem
Couples often struggle to track shared expenses and recurring bills, leading to disagreements and inefficiencies in managing their finances. Traditional methods like shared bank accounts can be cumbersome and may not provide sufficient insights into spending habits.
Solution
Smoov AI is a fintech application designed to automatically split shared purchases and recurring bills between couples, integrating with their existing credit cards. The platform leverages AI to provide insights into spending trends, highlight savings opportunities, and facilitate direct transfers for easy settlement. By automating expense management and offering data-driven insights, Smoov AI helps couples collaboratively manage their finances and improve their spending habits without requiring a shared bank account.
Target Audience
Smoov AI primarily targets couples who want to simplify their shared expense management, gain better insights into their spending habits, and avoid the complexities of shared bank accounts.
Features
- Automatic splitting of shared purchases and recurring bills
- Integration with existing credit cards and loyalty programs
- AI-powered insights into spending trends and savings opportunities
- Direct transfer functionality for secure and easy settlement
- Customizable split percentages for fair contribution
- Monthly tracking of couple's spending
- Transaction sharing between partners