Wealth Mirror

Wealth Mirror

A SaaS product to see your wealth growing with you.

Created on 19th October 2024

Wealth Mirror

Wealth Mirror

A SaaS product to see your wealth growing with you.

The problem Wealth Mirror solves

Wealth Mirror is a single-stop solution for your Personal Wealth Management. Wealth Mirror provides an interactive interface where you can bring in all your Assets, Liabilities, Investments, Income, etc. under a single place and take actions to flourish it.

Wealth Mirror has four fundamental pillars:

  1. Centralize: Bring in all different aspects of your wealth in a single place. Currently, we can add stock, property (house), mutual funds, vehicles, fixed deposits, gold, crypto, bank/cash, savings schemes, and cards.
  2. Visualize: Bridging the gap between tangible and intangible wealth by creating a virtual identity of every wealth-related component. For example, a stock can be represented as a tree.
  3. Analyze: Get daily/monthly/yearly/lifetime portfolio analysis. Every time you log in, you will see a change in your total wealth and individual wealth components.
  4. Take Actions: An AI model that can analyze all the data and give valuable suggestions/recommendations to take the necessary actions. For example, if you have a home loan from X bank at a 5% interest rate, the AI engine can recommend taking a loan from Y bank at a 2.5% interest rate and saving $10000.

To summarize, Wealth Mirror is designed for people to manage their wealth easily and efficiently.

Challenges I ran into

  1. Our product focus a lot on the visualization of wealth. We had multiple design iterations before coming up with the current version of Wealth Mirror.
  2. Currently we are at MVP stage. We want to make the onboarding experince as seamless as possible. For that we will require Sahamati and in-turn require a lot of compliance set up for Wealth Mirror.

Tracks Applied (1)

Empowering Customers to Leverage their Digital Footprints

With Wealth Mirror we are trying to bring all users personal wealth at one place. This can include assets like property,...Read More

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