Industry first AI powered retail Banking


Our banking offering revolves around making you a superstar. instead of you trying to be your own financial advisor we use true AI to work hard for you around the clock to do it for you.


Redefining Consumer Banking

Incumbent banks operate much as they did 200 years ago. They're focused on safeguarding your money that is in the best interest of the bank, not for the customer. The US population has accrued over $1 trillion credit card debt and shows no signs of slowing.

We believe through our research, unique systems and true understanding of how microeconomics can be optimized, we are able to achieve a feat the industry is yet to witness.. That is to slowly nurture the population to greater financial prosperity. 

By 2020, digitally-enabled millennials will account for 30% of global spend, $1.4 trillion in the US. They will be quick to reject brands not relevant to their needs. The US populations’ average savings rate is 4.4% in 2014 down from 10.5% in 2012,  Millennials savings rates are at -2%.

The Millennial reality

  • 22% feel overwhelmed about their finances

  • 70% are stressed and anxious about saving and retirement

  • 76% lack basic financial knowledge

  • 70% say they know someday they will need to be more financially secure but don’t know how to get there

Source: FINRA Millennial Survey: 3 yearly survey, Bank of America Merrill Lynch


How the Banking Sector is Evolving

Banking 1.0 – High street banks
Most analysts argue that incumbents are not particularly interested in helping customers avoid debt but rather capitalise on consumer inefficiencies by providing credit services at high interest rates.

Banking 2.0 – Digital banks
The newer generation of what we call "Neo or Challenger banks" do much of the same as above. Their technology looks great but without driving clear and effortless financial decision making, it is for the most part pretty graphs in the rear-view mirror, reflections of how badly customers have spent.

Banking 3.0 – Autonomous banking
The next generation of banking provides automation for the consumer, so they do not have to be financially literate nor worry about their finances every moment of the day.


But what if we could do this now?

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The answer is with Envel

We manage your money autonomously and in real-time, so you can just go about your day with the comfort of knowing you are increasing your savings, paying your bills, spending within your means and continuously improving your financial wellbeing.

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Why invest in Envel?

  • Consumers are in great need of more effective financial guidance

  • We’re offering a banking experience that sets us apart from the rest that understands the customers’ thinking

  • After extensive research, we’ve built a powerful AI framework never before seen in the global market

  • Dubbed ‘Driverless Banking’, our mission is to improve our customers’ finances and help increase their net-worth

  • Our systems are driven by our industry first deep learning AI framework to manage customers’ finances autonomously with near zero effort and in real-time with rock solid security features

  • We make the economics work well for both the customer and our business

  • With backing from MIT, we have strong team and advisors from Harvard, MIT and Top 20 Global Banks

  • Our market research at Harvard has indicated that 96% of low income earners and 67% of middle income earners would switch to a banking service with this offering

  • Our aim is to generate more Capital/PA per Capita than any other and we want you to join us in growing this exciting initiative quickly