The problem Money Mitra solves
1. Simplifying Expense Tracking
- For Non-Tech-Savvy Users: By allowing expenses to be logged through a familiar interface using messages, images, audio, or contact cards, the bot drastically reduces the complexity typically associated with financial apps.
- Messages: Log expenses by simply texting, e.g., "Spent Rs. 500 on mojo pizza."
- Images: Upload a bill image for automatic expense logging.
- Audio: Record and send audio for those who prefer speaking over typing.
- Contact Card: Share a contact card to easily request money splits.
2. Streamlining Budget Management
- Accessibility for Everyone: Setting up a budget is made approachable through text or voice, catering to various user preferences and technological comfort levels.
- Messages: Users can define their budget, e.g., "Set this month's budget to Rs. 10,000."
- Audio: Offer the option to verbally communicate budget constraints or adjustments.
3. Facilitating Money Splits
- Solving Social Money Transactions: The bot simplifies dividing expenses among friends or family, making it less awkward and more efficient.
- Create Group: Form groups for shared activities or expenses, e.g., "Create a group called Hackathon."
- Create Split Request: Easily request money from group members for shared expenses.
- Clear Splits: Allows users to mark transactions as settled, keeping financial relationships clear and straightforward.
4. Delivering Custom Financial Reports
- Empowering Informed Decisions: Users receive personalized financial reports upon request, aiding in better understanding and management of their finances.
Messages: Request detailed reports for any time period
Audio: Submit requests through voice, making the process more accessible and less time-consuming.
5. Providing Financial Advice
Guidance on Saving and Spending: Offers actionable advice to help users make smarter financial
Challenges we ran into
WhatsApp Comliance
Categorisation of user input to actionables
Combining gen ai with db based entries