🎉 UAE 🇦🇪: Fintech Sav Launches "MyMoney" Feature in Its App.

Morgan Ellis

🎉 UAE 🇦🇪: Fintech Sav Launches "MyMoney" Feature in Its App.

Wealthy Dubai residents can now manage their complex financial flows more easily.

▶️ Financial data from all of a user’s bank accounts will be available on a single, centralized dashboard. It’s often noted that some Arab entrepreneurs find it challenging to get a comprehensive view of their finances, and this feature meets a real demand. It may sound politically incorrect, but it’s true...

▶️ A transaction history of up to 180 days is offered, with the ability to view transactions by merchants or other categories. To categorize accurately and generate smart insights, MyMoney uses Google’s Gemini AI.

▶️ Additionally, the app will send reminders for bill payments and subscriptions.

▶️ … *If you don’t like it, don’t use it.* If a user feels this violates their financial privacy, they can revoke their consent at any time.

▶️ When will it be available? — The company’s managers mention it will be progressive. The official presentation took place last week, but it will be implemented in phases.

▶️ Interesting fact: In 2024, Dubai remains one of the top destinations for ultra-wealthy individuals migrating from Europe. These individuals are drawn by the emirate’s tax policies, economic stability, and political security. Now, they might also be attracted by Sav’s new app...

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