PiSight, a Singapore based fintech company has announced the launch of PiMoney, a digital financial assistant platform powered by eWise´s patented account aggregation technology, Aegis.
Finance Magnates recently reported on a further eWise collaboration after the firm entered into a strategic partnership with digital wealth management solutions provider, WeInvest to deliver a personal wealth management tool.
PiMoney helps users see an overview of their finances all in one place and actively control their monthly expenses and savings. Initially launched as a web application, PiMoney is now available for iOS based mobile applications with the Android based mobile app expected soon.
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Founders Rajesh Singh and Abhishek Kumar have significant experience in the financial sector having previously worked with Barclays and Ernst & Young respectively in Singapore.
They launched the solution to cater for a need for an efficient personal finance management platform to help people achieve their financial goals without compromising online security and data privacy.
PiMoney will help people to take a more involved and proactive approach to meeting their financial goals.
Unlike similar platforms that store user’s credentials such as bank login ID and password on cloud servers, the patented eWise technology used by PiMoney encrypts and stores the user’s credentials on the user’s chosen device. eWise is used by leading financial insitutions including HSBC and WestPac.
Rajesh Singh, CEO of PiSight said, “PiMoney is one of the most comprehensive aggregation platforms available in Asia, offering aggregation of bank accounts, credit cards, loans and investments. Our innovative and intelligent features such as PDF statement reader, automatic categorisation, and budget/goals tracking will cater to needs of different user segments. PiMoney will help people to take a more involved and proactive approach to meeting their financial goals”.