What is Mafhoom?

Mafhoom is an intelligent personal finance app that enables you to connect all your financial accounts in one digital space. The data-powered app gives you complete transparency and control over your money, so you can make better financial decisions, save more & spend less, and be ready for whatever life brings. 

In a nutshell, Mafhoom is your gateway to personal financial empowerment! Its integrated AI technology helps you monitor your income, manage your expenses, track your recurring payments, and most importantly, provide long-term financial stability. Mafhoom empowers you to stay on top of your financial life.

Features:

• Personalized Budget Creator

With Mafhoom’s intelligent budget creator, you can create a budget that helps you leash your spending, get out of debt, and save up for emergencies. Set it up once, and we will track it for you, month after month, to help you meet your financial goals.

• Recurring Payments Tracker

The app acts like your personal assistant that automatically keeps you notified of all your recurring bills and subscriptions due for payment soon. Its promising feature is that you can cancel those unwanted subscriptions you probably don’t remember existed. 

• Categorized Spending Tracker

Mafhoom does not only help you see HOW MUCH you are spending but also WHERE you are spending. For example, you can categorize your expenses into bills and utilities, sports, entertainment, food, or any custom category of your choice, and we will segregate your spending accordingly.

• Intelligent In-depth analysis

The app uses Open Banking technology to help you see all your bank accounts on one screen. In-app graphs and charts give you a detailed visual overview of different time periods (monthly, quarterly, half-yearly, and yearly).

• Personalize it your way!

The app divides your spending into different categories; however, you can always add or remove your customized categories to track your spending in a more personalized way. 

• Coming Soon

Data-powered features are designed to help you achieve your financial goals faster. Here’s what’s in the pipeline:

Financial health check | Get out of debt tool | Cancel subscriptions | Plan for retirement | Deal & offers | Calculate my net worth | Plan my loan | Lower my bills

Download Mafhoom on iOS App Store.

Download Mafhoom on Android Google Play Store.