Innovating Personal Finance Management with Moneyhoon
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About
Moneyhoon, in partnership with Vacuumlabs, leveraged AI, data, and human expertise to revolutionize personal finance management. Their platform categorizes bank transactions with 90% accuracy, enabling users to understand their finances, make informed decisions, and achieve financial resilience. Read more
CASE STUDY DETAILS
Moneyhoon
Seed to Series A Startup
London, United Kingdom
Project work
11 - 25 people
Ongoing for 24 months
€250 - 1M
Agile
FOCUS AREA
Challenge, approach, and impact
Untapped Potential of Financial Data
People's bank accounts hold a wealth of unstructured financial data. However, extracting meaningful insights from this chaotic information was a challenging task. This complexity made it difficult for users to fully comprehend their financial health and make informed decisions.
Breaking Away from Conventional Financial Advisories
There was a disconnect in the market with banks possessing the data but lacking incentive for holistic financial advice and financial advisors missing the requisite data. This situation presented the challenge of creating a novel solution that could disrupt the traditional advisory business.
Testimonials
“Working on Moneyhoon was both inspiring and challenging. To turn unorganized financial data into clear, actionable insights and shape a platform that truly empowers users in managing their finances was a remarkable experience. I'm proud of our team's dedication and the innovative solution we delivered.“ Read more
Andrej Vlček
Product Owner
VERIFIED
“Working on Moneyhoon was both inspiring and challenging. To turn unorganized financial data into clear, actionable insights and shape a platform that truly empowers users in managing their finances was a remarkable experience. I'm proud of our team's dedication and the innovative solution we delivered.“ Read more
Andrej Vlček
Product Owner
VERIFIED
“Working on Moneyhoon was both inspiring and challenging. To turn unorganized financial data into clear, actionable insights and shape a platform that truly empowers users in managing their finances was a remarkable experience. I'm proud of our team's dedication and the innovative solution we delivered.“ Read more
Andrej Vlček
Product Owner
VERIFIED
“Working on Moneyhoon was both inspiring and challenging. To turn unorganized financial data into clear, actionable insights and shape a platform that truly empowers users in managing their finances was a remarkable experience. I'm proud of our team's dedication and the innovative solution we delivered.“ Read more
Andrej Vlček
Product Owner
VERIFIED
“Working on Moneyhoon was both inspiring and challenging. To turn unorganized financial data into clear, actionable insights and shape a platform that truly empowers users in managing their finances was a remarkable experience. I'm proud of our team's dedication and the innovative solution we delivered.“ Read more
Andrej Vlček
Product Owner
VERIFIED
“Working on Moneyhoon was both inspiring and challenging. To turn unorganized financial data into clear, actionable insights and shape a platform that truly empowers users in managing their finances was a remarkable experience. I'm proud of our team's dedication and the innovative solution we delivered.“ Read more
Andrej Vlček
Product Owner
VERIFIED
Team Structure
Client Team
Project stakeholder
Co-Founder
Erik Cebik
Project stakeholder
Co-Founder
Dusan Michalko
The client stakeholders at Moneyhoon were working closely with the team at Vacuumlabs
Vendor Team
Production
2 x QA Engineer
Production
1 x Product Designer
Production
1 x DevOps
Production
6 x Backend Developer
Production
2 x Data Engineer
Production
2 x AI Engineers
Governance
1 x Account Manager
Production
1 x Solution Architect
Production
4 x Frontend Developer
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