Litefin

LiteFin is a Personal Finance Management solutions provider, wherein it aggregates Banking, Investment, Credit Card, and Loan data, auto-categorize the income and expenses, and provides Personalized Recommendations and Predictions, which will help the individuals to grow their savings and reduce their expenses. It also helps the Banks, Mutual Funds, Insurance companies, Lending companies and NBFCs to grow their revenue by way of cross-selling and up-selling their Financial products. Product Features: 1. Aggregated view of Multiple Banks, Credit Cards, Loans, Fixed Deposits, & Investments. 360 degree financial profiling: View Account Summary, Transactions, and Account Statements at one place. Analyze the transactions using Spend Analytics and Average Spend features. Categorization of Income and Expenses based on bucket categories such as rent, food, commuting, and entertainment. Income & Spend Patterns displayed for last 6 months & last 1 year, including monthly patterns. Monthly spending trends available through Analytics based on Transactions, allowing users to compare against averages and identify opportunities for improvement. AI/ML based personalized recommendations based on Income and Spending pattern, on how to increase their savings, growing their income and reducing their expenses. Personalized Banking and Financial product offerings based on the spending patterns, in turn helping the Banking and Financial Institutions to cross-sell and up-sell their products. Forecasting based on the historical trends. Financial Goal Setting: Budgeting and Goal setting, with automatic suggestions of the budget goals for the customers based on their spending. Bill Payment Trackers, to track all the bills on the go, viz, credit cards and utility payments. Alerts if the funds are low. GST and Tax Analysis.