Money Mitra

Money Mitra

Effortlessly Manage Your Money: Speak, Snap, and Type Your Way to Financial Freedom Directly from whatsapp

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

Discussion