{"id":13654,"date":"2019-09-24T06:41:38","date_gmt":"2019-09-24T06:41:38","guid":{"rendered":"http:\/\/bulletins.bfconsulting.com\/?p=13654"},"modified":"2019-09-24T06:41:38","modified_gmt":"2019-09-24T06:41:38","slug":"startup-cleo-moves-beyond-simple-banking-application-to-financial-advisor","status":"publish","type":"post","link":"https:\/\/bulletins.bfconsulting.com\/en\/startup-cleo-moves-beyond-simple-banking-application-to-financial-advisor\/","title":{"rendered":"Startup Cleo moves beyond simple banking application to financial advisor"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">A seemingly infinite number of startups and simple banking applications offer users the ability to easily track and view their spending habits. But English startup Cleo is taking this a step further by not only letting users track where their money is going but also letting them actively influence this. Cleo, a self-described financial advisor, helps users budget by letting them proactively set spending rules (i.e. no more than USD XX to be spent at restaurants per week\/month). Cleo also hopes to eventually give users the chance setup blocked transactions that will automatically block any transaction that violates the user\u2019s rules.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">&nbsp;<\/span><span style=\"font-weight: 400;\">Cleo works by linking banking information with the Facebook Messenger app. Cleo then communicates with the user as a chatbot via the Messenger app. Cleo also offers users the chance to save money in a separate account and, via a paid subscription, get cashback rewards.<\/span><\/p>\n<div class=\"rpbt_shortcode\">\n\n<div id='rpbt-related-gallery-1' class='gallery related-gallery related-galleryid-13654 gallery-columns-3 gallery-size-thumbnail'><figure class='gallery-item' role='group' aria-label='National Bank of Ukraine updating financial sector development strategy'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/national-bank-of-ukraine-updating-financial-sector-development-strategy\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/06\/73426-1891-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15040\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15040'>\n\t\t\t\tNational Bank of Ukraine updating financial sector development strategy\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='FinTech for the financially excluded'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/fintech-for-the-financially-excluded\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2018\/09\/fintech-for-the-financially-excluded-150x150.png\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-10939\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-10939'>\n\t\t\t\tFinTech for the financially excluded\n\t\t\t\t<\/figcaption><\/figure><figure class='gallery-item' role='group' aria-label='Big Data\u2019s impact on finance'>\n\t\t\t<div class='gallery-icon landscape'>\n\t\t\t\t<a href='https:\/\/bulletins.bfconsulting.com\/en\/big-data-s-impact-on-finance\/'><img width=\"150\" height=\"150\" src=\"https:\/\/bulletins.bfconsulting.com\/wp-content\/uploads\/2020\/10\/5b11ac39-309e-49e5-8e7a-7a286f82af401-150x150.jpg\" class=\"attachment-thumbnail size-thumbnail\" alt=\"\" decoding=\"async\" aria-describedby=\"rpbt-related-gallery-1-15381\" loading=\"lazy\" \/><\/a>\n\t\t\t<\/div>\n\t\t\t\t<figcaption class='wp-caption-text gallery-caption' id='rpbt-related-gallery-1-15381'>\n\t\t\t\tBig Data\u2019s impact on finance\n\t\t\t\t<\/figcaption><\/figure>\n\t\t<\/div>\n<\/div>","protected":false},"excerpt":{"rendered":"<p>A seemingly infinite number of startups and simple banking applications offer users the ability to easily track and view their spending habits. But English startup Cleo is taking this a step further by not only letting users track where their money is going but also letting them actively influence this. Cleo, a self-described financial advisor, &hellip;<\/p>\n","protected":false},"author":5,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[10,292],"tags":[35,335,453],"_links":{"self":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13654"}],"collection":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/comments?post=13654"}],"version-history":[{"count":1,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13654\/revisions"}],"predecessor-version":[{"id":13655,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/posts\/13654\/revisions\/13655"}],"wp:attachment":[{"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/media?parent=13654"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/categories?post=13654"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bulletins.bfconsulting.com\/en\/wp-json\/wp\/v2\/tags?post=13654"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}