The Intersection of AI and Fintech that will change the way Americans Tackle Personal Finances

Founded at Harvard and backed by MIT Sandbox, Envel is trying to solve socio-economic problems and put people back in control of their finances.

Envel, an MIT CSAIL Alliances Startup Connect Plus member, has created “the world’s smartest bank account” using AI technology to help individuals automate their personal finance and organize and manage their money with a convenient Envelope system, Autopilot feature, and more. Their consumer-first mindset reimagines banking to better position users for a healthy financial future.

Abstract:
Founder and CEO of Envel Steve Le Roux will discuss the company’s founding mission, journey, and future plans. Now live in App Stores, Envel has experienced tremendous growth over the past few months, including a successful crowdfunding campaign.
 
We believe that the consumer banking system is broken and no longer focuses on serving its customers financial health. Traditional banks profit from getting users indebted, and don’t offer the freedom or advice to empower users to improve their financial health. Envel has reinvented banking from the ground up to serve a new generation of consumers that may not have the time or knowledge to manage their finances. Envel has built a one-stop Autonomous banking app with Autopilot to organize users’ money with minimal effort on their part. All built upon an Envelope system so you can organize your money in up to 99 FDIC insured Envel bank accounts.
 
To learn more about Envel, check out their website, demo video, community forum, or socials at: @envel_ai.