A Toronto-based engineering firm specializing in financial technology this month announced the launch of Neontra, a personal planning app.
TXIO Corporation says that Neontra offers web, iOS, and Android apps that leverage proprietary artificial intelligence to provide a real-time, 360-degree view of each user’s financial life.
“We believe there is a need for a Super App that helps people understand and manage their money,” says Daniel Vranesic, chief executive officer of TXIO.
Vranesic describes Neontra as “an app that simplifies and makes sense of it all, enabling people to make better, more educated decisions about their financial future.”
By seeing your entire spectrum of assets and investments in one place, you can gain new knowledge on how to build your net worth, he says.
Data-driven insights further help clients understand net worth, cashflow, and other financial behaviours, according to Vranesic. Tools available include spend tracking, budgets, forecasts, scenario-testing, and goals to help clients understand and plan for a brighter, more secure financial future.
“Knowing what is happening in the markets at any given time gives you the power to make informed decisions about your next investment,” the company states online. “Our advanced charts, market news, and corporate actions distribute the power of informed, organized and timely decision-making to your fingertips.”
TXIO offers Neontra direct-to-consumer and also as a financial wellness solution for financial planners, investment advisors, debt counsellors, and health benefits providers.
Initially available in North America, expansion to the UK and Europe is planned for the end of the year.
TXIO was founded in Toronto in 2007.