V

VisualPe

Make Smart Financial Decisions

Created on 23rd February 2022

V

VisualPe

Make Smart Financial Decisions

The problem VisualPe solves

Only 24% of Indians are Financially Literate.

Three-fourths of the Population in India does not know or understand the pressing need to manage finances.

Considering that 65% of Indians are visual learners, according to several studies, providing graphic data illustrations increases understanding and leads to better financial decisions.

Therefore, we have tried to use Charts, Tables, Graphs, and Dashboards for user's data visualization: This is possible due to the setu account aggregator and phonepe pulse.

It will provide different perspectives on the financial data, giving insights that can facilitate strategic decisions and actions that improve the overall finance management.

It targets people who need a personalized finance management system irrespective of their location, situation, and time.

VisualPe helps you track all your relevant finance PIs, allows effective cash management, and enables you to track expenses and profits in detail.

It will power all big and small companies, investors, MSME to grow their businesses and profit by analyzing their statistics.

It will help senior citizens to keep track of their pensions and easily calculate their assets.

Help users keep track of their financial portfolio.

Help users track the maturity dates and accordingly plan their future expenses for reasons like education fees, marriage, medical fees, or any other asset or emergency.

The user gets access to the data of each bank registered on his mobile number, which results in easy accessibility of all data to the user.

Considering tough times, using the application, your phone number, and your pin, your family can access the information related to the financial assets and insurance policies, decreasing stress from the financial side.

Challenges we ran into

  1. It took time to understand the setu aa API and the data flow.
  2. The consent procedure was quite hectic, but we got through it.
  3. It was difficult for us to put our cloud of ideas into the working prototype in 3-4 days, but we worked hard to get over it and overcame the challenges.

Discussion

Builders also viewed

See more projects on Devfolio