Envel

Envel, with the slogan "🧠 Banking on Autopilot", is a Harvard-founded financial technology company that leverages AI and behavioral science to optimize people’s finances in real-time and automate their budgeting, savings, and investments. Funded by the MIT Sandbox Program, angel investors, and crowdfunding, the company is on a mission to make banking and investing easier and simpler for tens of millions of people. Envel believes that the consumer banking system is broken and no longer focuses on serving its customers' financial health. Traditional banks profit from charging lots of fees and getting customers indebted, without offering the freedom or advice to help organize and manage money in a way that benefits the individual. Envel has reinvented banking by building a one-stop Autonomous banking app with Autopilot, utilizing patent-pending AI to organize money automatically with minimal effort. Constantly innovating and disrupting the banking world, Envel's 2022 roadmap includes fractional investments, joint accounts, family accounts, and a cryptocurrency stable coin integration. Using a community-centric approach, the company works with users to engineer new features that prioritize consumer financial health over profit. Envel, founded in 2018, is based in the United States. The latest investment was an Equity Crowdfunding investment on March 14, 2022, led by Spark. For more information and to get started, visit their website: linktr.ee/envel_ai.