TWIG provides a financial companion application that automates personal savings through customizable plans like roundups, routines, and leftover allocation. The platform allows users to set and track specific financial goals while offering flexible budgeting tools for enhanced financial control. It secures user data using bank-level encryption and adheres to top security standards like OWASP Top 10.
Funding
$270K 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.
PVFounders
Product
Problem
Many individuals struggle to consistently save money and achieve their financial goals due to a lack of automated saving mechanisms and difficulty in managing budgets effectively. Traditional budgeting methods can be cumbersome and often fail to integrate seamlessly with modern digital financial services.
Solution
TWIG provides a savings automation platform that integrates with existing digital financial services, enabling users to effortlessly set and achieve personalized saving goals. The platform offers features such as round-up savings, which automatically saves the difference when purchases are rounded up, and one-off deposits for flexible saving. TWIG also allows users to customize their savings plans with fixed or flexible monthly amounts, and allocate savings towards specific goals, providing a comprehensive solution for automated saving and budget management. The platform prioritizes security with bank-level data encryption and adherence to top security standards like OWASP Top 10.
Target Audience
TWIG primarily targets fintech companies, digital banks, wallets, superapps, and e-commerce platforms seeking to enhance customer engagement and drive revenue growth by offering automated savings and budgeting tools to their users.
Features
- Automated round-up savings feature that saves the difference from rounded-up purchases.
- One-off deposit option for flexible, non-recurring savings.
- Customizable savings plans with fixed or flexible monthly deposit amounts.
- Goal-based savings allocation to track progress towards specific financial objectives.
- Budgeting tools to visualize and control spending habits.
- Bank-level data encryption for secure communication and data storage.
- Compliance with top security standards such as OWASP Top 10.
- OAuth2 and OpenID Connect for enhanced user authentication and fraud protection.