Clarity Money
wealthtech-retail . personal finance management
STATUS: Acquired/Merged
FOUNDING YEAR: 2016
LOCATION: United States
Last Update: 23/02/2021
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About
Its no secret that managing money is hard. Keeping track of bills can feel overwhelming.So we built Clarity Money to help give our community a simple view into their finances. We provide insights that could improve our customers financial health, all within a beautifully designed app.Clarity Money is on a mission to give consumers a financial champion.
MEDICI Analysis
Clarity Money was acquired by Goldman Sachs in April 2018, it has developed a personal finance app that uses data science and machine learning to negotiate bills, create a savings account, find a lower interest rate credit cards/or personal loan, transfer money between accounts and deliver actionable insights.
Focus
PRODUCTS & SERVICES
AI powered personal finance app. It helps consumers to make smarter financial decisions.
MAIN CLIENTS
Retail Consumers
COMMENT
The app monitors daily spendings and create a budget, and also discover recurrent subscriptions and cancel the ones the no longer need, and create an FDIC insured savings account.
People
FOUNDERS
NUMBER OF EMPLOYEES
11-50
INVESTORS:
Momentum
FUNDED
YES
NUMBER OF FUNDING ROUNDS
2
TOTAL FUNDING
$14.5 M
DATE OF LAST FUNDING
Mar 2017
IPO STATUS
Private
FUNDING SERIES
SERIES A · $3.5 M · May 2016
SERIES B · $11 M · Mar 2017
LISTED
NO
company provided insights
M&A
ACQUIRED BY
Marcus
ANNOUNCED DATE
Apr 2018
PRICE
---
company provided insights
Web Traffic
MONTHLY VISITS
46,216
AVERAGE VISITS (6 MONTHS)
52,687.46
MONTHLY VISITS GROWTH
-4.23%
VISIT DURATION
483
VISIT DURATION GROWTH
71.89%
PAGE VIEWS VISIT
4.87
PAGE VIEWS VISIT GROWTH
32.69%
BOUNCE RATE
32.38%
BOUNCE RATE GROWTH
-6.44%
GLOBAL TRAFFIC RANK
420,929
MONTHLY RANK CHANGE
-130,393
MONTHLY RANK GROWTH
-23.65%
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