The problem Dike solves

Dike is a platform that helps users to balance their financials. Using an intuitive gamified approach it promotes money management and helps individual to start investing early in life.

The app includes(visions to include) the following features to counter the above-given problems:

• Budget management / Expense Tracking.
• Expense Sharing: Allow to add transactions manually as well as sync up from the bank accounts automatically.
• CashFlow control or Spend control: Better offers on services consumed.
• Financial Education
• Incentivise and internalise the habit of saving and investing through coupons and offers.
• Tutorials and blogs for financial education and awareness.
• Bill payments and credit score.
• Information relay about scholarships and aids provided by the institute and/or NGOs.

Execution

Gamify the entire user experience where the user starts from level 1 and keeps on progressing with every week of budget maintenance, by investing the monthly deficit in some financial instrument and/or achieving savings goals, etc.
Every level upgrade rewards the users with coupons/offers from local restaurants.

Challenges we ran into

• The entire flow of data starting from consent approval to obtaining the decrypted data is not very intutitve at first. The sample app helped a lot to understand it in limited time.

• Modelling the data obtained from FIU and making sense from it.

• Writing a react native app and delivering it before the deadline.