Driverless Banking™

Envel is a new and unique digital banking service that aims to improve peoples' financial health. We realize most people find it mentally tiring and time consuming to manage their money whether budgeting, saving, planning for the future or just reduce spending.

We've built an advanced AI banking platform, the first of its kind, dubbed the ‘Driverless banking’, that autonomously manages your money in real-time to help build your wealth, save for emergencies, prevent impulsive spending and smooth out your income, with no effort on your part.

Smart Accounts

We analyze your Spending DNA™ in real-time to formulate a financial model that autonomously organizes your income into four main divisions;  Capital - Long-term savings, Contingency - Emergency cash, Bills - Predicted for the month and Spending - Guilt free allowance.

Envel AI monitors your spending in real-time to make sure that you stay on track, learning from your past mistakes. 

Live for today!

With Envel, you only have to worry about how much money you have left to spend today 'guilt free'. Not tomorrow, next month or next year. This smoothes out your income and makes you feel like you're being paid every day rather than every month.

Instead of binding you with credit you don't need and draining your financial resources, our Envel Money Management framework uses Artificial Intelligence to operate like your own virtual 24/7 financial advisor to keep your finances healthy. Our results prove that as long as you stay within our guidelines,  you will be better off.

Brag to your friends

You don't need to show them how much money you have, but with Envel Points and Ranking Leaderboard, you can brag to your friends about how well you are managing your money! 

We've devised a unique scoring system that unlocks opportunities not only for the customer, but for the financial services industry. Unlike the traditional credit scoring system that determines financial worthiness based on the management of your debts, we score you based on your money management.

You shouldn’t have to worry about budgeting, forecasting, saving or watching your spending. It’s very boring, tiring and we could all do far better. We live in a world with vast computing power and yet still you are asked to manage these arduous tasks to some degree.

We're here to deliver a fully encompassing autonomous banking service. You can relax and do what you love without having to worry about whether you've spent too much or not saved enough. In simple terms, we maximize your lifetime profitability and help increase your net-worth.