Finance App Albert Raises $5 Million To Help You Solve Your Money Problems

General News

Summary

Albert, a financial service startup, raised $5 million in Series A funding from investors including QED, American Express Ventures, and Portag3. Here’s how it works: It’s an app that tracks finances and makes personalized recommendations to help users take action. It’s similar to other personal finance apps like Mint or Digit in that it aggregates financial data into a single portal. It differs in that users have access to a human “financial concierge” who dole out personalized advice. “People ask questions about their financial life,” said Albert CEO Yinon Ravid.

Classifications

industries
Financial Planning
applications
Business Intelligence

AskAI Classifications

Labels
Financial Technology Personal Finance Software Investment Software

Linked Companies

Albert
$10M to $25M