Riyalak helps users manage all their financial proceedings as well as identifying and enhancing their spending behaviors. Using Riyalak, you can categorize your transactions, set budgets, create goals, and view statistics, all of which can help you make better financial decisions.
Full description:
Riyalak is a mobile app that targets helping the consumers control their expenses and their spending behavior. This happens through uploading excel sheets of the banks accounts of users. The transactions of the different bank accounts is collected, saved in one place, and this way, the users view the history of their income and expenses of different banks in the same view.
Another feature which the app offers is setting budgets and goals. The user is able set a budget for a category. Automatically, when a new transaction is made under that category, the budget amount gets consumed until eventually the user is notified that they are in danger of exceeding the allowed budget. In addition to setting the budget, the user is also able to set a goal. Each time the user puts money into a saving account, they build up towards that goal.
All of these features stem from our care to help our customers understand exactly where, when, and how their money is being spent to reach our main vision which is to enhance such spending patterns and thus, eventually, develop better financial health and awareness.