Wealth Mirror
A SaaS product to see your wealth growing with you.
Created on 19th October 2024
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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:
- 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.
- 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.
- 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.
- 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
- 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.
- 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
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