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Alvie is an AI powered app that puts the users in control of their finances by analyzing their purchasing habits. Alvie comes as a native mobile app for both iOS and Android available for the UK market.
Tom Halloran is the founder of the startup company behind this project. He founded the company in July 2018 with the idea of enabling the users to have a complete overview of their spending and save for things that matter.
Alvie is a powerful system for managing the users day-to-day spending, helping them put more away for the big things that really matter.
Alvie assists people in keeping track of their finances in a simple manner without having to have a daily look into their bank accounts and spend a fair amount of their time calculating expenses thanks to the seamless integrations of the app to a bank in the UK.
Alvie helps users build a plan for each month, enabling them to complete control of their money insights. The users can create a budget that fits around their lifestyle, understanding exactly where their money is going. The app is always up to date with the users’ latest spending and there is no manual entry required. All the transactions are automatically imported from the bank, in real-time.
Alvie uses the power of Artificial Intelligence to learn how the users categorize their spending and enlist separately every expense in its respective category. The classification of new transactions as well as the budget planning is made with the help of the ML algorithm.
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