FinGenie is a fintech platform that offers tailored investment advice through a website chatbot, blending users' spending habits, investment history, and real-time market data to simplify financial decision-making.
Users interact with a telegram chatbot on daily basis to log expenses (e.g., "Spent ₹50 on coffee"), report investments, share profit/loss details, and set budgets, creating a detailed profile to assess risk tolerance. Using live data from Yahoo Finance (yfinance API), FinGenie recommends specific investments, like "Invest $200 in AAPL stock and $100 in ETH crypto."
We’ve crafted our own formula at the core, combining spending patterns, investment performance, budget, market trends, and news sentiment analysis. For sentiment, we adapt the risk detection approach from "Modeling and Detecting Company Risks from News" by Jiaxin Pei et al. (NAACL 2024), using our pre-trained model to identify risks like supply chain issues or regulations in headlines, adjusting suggestions to avoid volatile options.
As an agentic AI, FinGenie processes data autonomously and delivers monthly insights, if your spending shows overspending on dining, we might note, "You’ve spent excessively on dining this month, try saving more. At the end of every month a full report in pdf format will be sent to the user with all classified necessary and unecessary spendings.