As per CBI Insights, Cleo AI’s app was capable of bagging the Series C for $80M on June 20, 2022. Till date, the app has been able to witness a market share of $137.39 million and the number is expected to grow in the coming future. It also comes with a wallet account, which helps in saving funds and gives users some sort of an overdraft protection.Īll in all, with the Cleo AI finance app, users feel comfortable to interact with a sassy friend who can keep them in line when it comes to spending more than they can afford. Cleo is one of the best budgeting apps that makes a budget for you, helps in building your savings, and talks to you about financial life and spending habits. Analyzing the Cleo AI Budgeting AppĬleo is an AI money management app that acts as a sassy Siri for your budgeting and financing needs. Now before moving ahead to discuss the AI-based budgeting app development costs and various factors affecting them in detail, let us first quickly understand what Cleo app is all about and how it works. However, to give you a rough estimate, the development cost of an AI-based money management app is around $30,000 to $300,000. In this article, we are going to look into the details of Cleo-like AI budgeting app costs and the various factors that affect the same. One such app is the Cleo money app, which is setting just the use cases for creating a fintech app with AI technology. However, there are a number of AI-based saving apps/budgeting apps that can help millennials get their finances on track. This can make it difficult to make money and put it into savings. They go through many problems like high levels of student debt, rising costs of living, and stagnant wages. When it comes to saving money, millennials often find themselves in a tough spot.
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