This AI assistant for your money is a smart and simple way to manage your finances. Based in the UK, the startup Cleo uses artificial intelligence to handle sensitive monetary matters. The mobile platform was developed by a technical team with experience in machine learning and academic authorities. Using the app, you can can ask Cleo for your balance in various accounts, spending patterns, budget tracking and bill reminders.
The AI assistant model has been used for a number of tasks, but mostly administrative ones. This includes scheduling meetings, responding to emails and other basic activities. This instance of using artificially intelligent technology in personal finance goes above and beyond, with much potential in the future.
Currently Cleo is only available by invite only.