W

White Spot

A Place to make the right financial Decisions

W

White Spot

A Place to make the right financial Decisions

The problem White Spot solves

Whitespot is an app to manage and guide a better couple financial decision to boost stressless communication to your partner.

We want to make easy to collaborate with ur partner about financial decisions and save or invest for future

Just by linking your bank accounts to the app, choose what to share with ur partner and see your household finances organized and categorised at one place

And by adding a financial advisor to a pool of couples say 10 couples we give u a decision making structures towards ur loans, mortgage, EMI's, insurance and creating funds like an emergency fund, vacation fund and so all at one place...

I and my brother invest and travel a lot but things changed when he got married he stopped sold stocks so I asked y? He told my financial decisions changed and got a lot of responsibilities..I know his wife is working so I asked him how he's planning he said sometimes it's hard or even confused to move forward ..I felt sad and started digging on the problem we asked newly married once even we did quantitative analysis the results r depressing
Our quantitative data says 67% of them feel stressed and embarrassed to have talked to there partners about money managing and saving.
In qualitative research, a guy said "whether you like it or not money will affect a lot of ur relationship "

So we thought of simplifying this process and as India globalising we can say the market is growing a lot so we decided to build it

Challenges we ran into

Finding the right space and knowing the right problem is important for working on an idea. If no knowing is having a problem in that domain then there is no need for a solution. At first, we thought we are assuming there is a problem in that area/domain but after good quantitative research for almost 3 months, gave a hope to work on this Idea and we(my team) are quite interested in solving real-world problems and this is in our hand right now.

Discussion