Clarity Money

wealthtech-retailpersonal 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.

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
Acquisitions

M&A

ACQUIRED BY

Marcus

ANNOUNCED DATE

Apr 2018

PRICE

---

company provided insights
Web Traffic

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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