back Back

Crunch launches new personal finance management app

By Leandra Monteiro

October 20, 2022

  • Abu Dhabi Global Market
  • Crunch
  • personal finance
Share

Crunch, PFMDubai-based FinTech start-up Crunch App Ltd. has announced the launch of its mobile app ‘Crunch: Personal Finance’; a new personal finance management app that aims to empower individuals to manage their money seamlessly, grow their net worth and achieve financial well-being.

The platform syncs a user’s financial accounts including bank accounts, credit cards, and loans seamlessly into one place and gives an up-to-the-second view of a user’s earnings and spending. The user can also choose to track accounts manually and input transactions themselves, such as their cash account. By utilising technology such as Artificial Intelligence and Machine Learning to categorize transactions, savings and expenses, it allows them to monitor budgets, view monthly spending, track expenses and set personal financial goals and more.

Husam Aboul Hosn, Founder and CEO, Crunch App. Limited, stated, “Crunch is an innovative tool that empowers individuals with the means to help them make intelligent decisions about their financial well-being. It aims to deconstruct the intimidation behind dealing with finances by doing the heavy lifting on behalf of its users and providing them with the necessary tools to focus on growing their wealth across multiple investments and saving options. We believe that managing your finances should be as effortless as sending a text message: It should be done anywhere, anytime, and with just a few clicks; our focus is to make your financial life easy, accessible, and completely stress-free.”

Crunch begins its global growth plan with an initial UAE focus, with over 15 local and international banks and plans to expand to other countries in the region soon. Offering multi-currency capabilities and customisable alerts, Crunch provides users with all the necessary tools to focus on growing their wealth across multiple investments and saving options. Users can analyse their data with smart insights in a fully customisable dashboard, putting everything they need into one place.

“The UAE is the digital transformation and FinTech hub of the region, and in line with the local government’s vision to boost innovation, Crunch app fits in with people’s modern lifestyles by transforming how they use their money to achieve greater financial security” added Aboul Hosn.

Crunch also uses the highest level of bank-grade security such as TLS data encryption and FaceID login to keep data secure, private, encrypted, anonymous, safe, and protected at all times. The app does not have access to, nor can it store or save users’ banking credentials, and has partnered with Lean Technologies, a technical service provider, regulated in the UAE by Abu Dhabi Global Market (ADGM) Financial Services Regulatory Authority, to ensure users’ security and privacy are assured, in line with banking-grade global financial standards.

Previous Article

October 20, 2022

Nexta secures $3m investment

Read More
Next Article

October 20, 2022

NatWest to launch £120m BaaS business in UK with Vodeno

Read More






IBSi Daily News Analysis

Data privacy

July 16, 2024

Abu Dhabi Global Market

Rise in sophisticated attacks, state-level threats, and increased ransom DDoS Incidents

Read More

IBSi FinTech Journal

  • Most trusted FinTech journal since 1991
  • Digital monthly issue
  • 60+ pages of research, analysis, interviews, opinions, and rankings
  • Global coverage
Subscribe Now

Other Related News

Today

Validus Fintech bags seed funding from AUM Ventures

Read More

Today

DIFISOFT & Quantit develop AI-based financial solutions in Southeast Asia

Read More

July 17, 2024

Webull UK launches Webull Savings

Read More

Related Reports

Sales League Table Report 2024
Know More
Global Digital Banking Vendor & Landscape Report Q2 2024
Know More
NextGen WealthTech: The Trends To Shape The Future Q4 2023
Know More
IBSi Spectrum Report: Supply Chain Finance Platforms Q4 2023
Know More
Treasury & Capital Markets Systems Report Q1 2024
Know More

IBSi Sales League Table

The industry acknowledged barometer of global banking technology vendor performance!
Get your copy now!
close-link
Get your copy now! IBSi Sales League Table 2024