Riyalak

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.