/visahack

Primary LanguageJava

Money Clips

Project Description

Smart budgeting app proactively helps household families to manage their finances and savings by:

  • The app helps the user to create short life goals like Emergency fund or a vacation. Or long life goals like
  • It also allows users to create envelopes for certain spending categories (groceries , coffee, dining, etc) and set spending limit for each category.

Prerequisites

  • VISA B2B, Virtual Account
  • Yodlee Fastlink API
  • Xcode 9 / Swift 4+
  • iOS 10.0+
  • Java 8+

Installing

Java

mvn clean package

Xcode Then, run the following command:

$ pod install

The How

  • The app creates a virtual account linked to your credit/debit/prepaid visa account.
  • The limits are set at the Merchant Category Code levels
  • Once limit is reached the envelope is disabled.
  • Any additional money left in any of the envelopes at the end of the month is distributed to your short term goals first then to your long term financial goals savings for college, buying house, upgrading a car, a fine dress, a fancy ring, a dream vacation, …etc

The Why

  • The average American household carries $137,063 in debt,
  • 1 in 2 families in the US can’t come up with $400 for emergency
  • 51M adults in the US are underbanked, 45M lack credit score
  • Most families have no idea how are they spending their money

Deployment

AWS Elastic Beanstalk automation with CICD pipeline.

Built With

Future Enhancements:

  • Bio/OTP Registration & Login
  • Suggested categories by our ML algorithm.
  • Enable Prepaid cards for those who doesn't have bank acct
  • Native Wallet Integration
  • AI based new categories/savings suggestions

Contributing

Please read CONTRIBUTING.md for details on our code of conduct, and the process for submitting pull requests to us.

Versioning

0.0.1

Authors

See also the list of contributors who participated in this project.

License

This project is licensed under the MIT License - see the LICENSE.md file for details