wealthtech-retail . personal finance management
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Dobot, the "robot for your dough", is a mobile financial advisor for millennials that allows users to create saving goals. It uses an automatic saving algorithm to evaluate a user's spending habit to save money into a Dobot account. Dobot was part of the Monetary Authority of Singapore(MAS) Fintech Hackcelerator ,Plug and Play Fintech accelerator and Runway Incubator.
Dobot analyzes a user's income and spending habits, identifies ways to save money, then automatically moves small amounts of money from the user's checking account to the Dobot savings account on a regular basis. User's can also save together with friends and family through Dobot’s Social Savings feature.
NO
Private
The company could have got between $25,000 - $500,000 seed capital with its participation and graduation from the Plug and Play Fintech program in 2016.
Less than $1M
NO
Received a stipend of $20,000 Singapore Dollars (US$14.4K) from MAS Fintech Hackcelerator.
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