May 2023 Product Update
This month, I'm taking you behind the scenes of Finary. Our teams are putting the finishing touches to three huge projects that will completely transform the Finary experience. Read on to discover them in advance.
Finary AI
We recently conducted a study with a sample of Finary users to understand your financial support needs. Our goal is to identify the key questions you would like us to answer.
Your feedback was very clear: you want a wealth assessment.
This is where Finary AI comes into play: the world's most powerful financial companion powered by GPT-4, available 24/7 on your phone.
Finary AI automatically scans your assets to provide a detailed report:
📊 Assesses your overall strategy
🔎 Identifies your strengths & weaknesses
🎯 Suggests high-impact improvements
Historically, only the wealthiest investors had access to this level of insights via their Private Banker. This ends now.
The beta version rollout has already begun, and Finary AI has impressed our testers.
So, what's next? In the coming days, we will start deploying Finary AI to all Finary Plus members.
Finary AI is an exclusive feature of Finary Plus.
📈 Crypto Investment Plan
In 2008, Satoshi Nakamoto launched an experiment that disrupted traditional finance: Bitcoin. 15 years later, everyone has heard of crypto. It has become a full-fledged asset class and a social phenomenon. 10% of the assets tracked on Finary are in crypto, and it is the fastest-growing asset class (despite the sector's crisis).
Like any emerging technology, it has experienced tremendous growth punctuated by numerous scandals. The most recent one, the fall of FTX, illustrates two things: the need for regulated players in Europe and the importance of controlling one's keys. There are still too many barriers to enable mass adoption.
This is where our future crypto investment plan comes into play. Very soon, you will be able to create an investment plan that suits you:
- Access to 15 cryptocurrencies
- Unbeatable fees
- Daily, weekly, or monthly purchase frequency
- Automatic order execution
- Secure withdrawal to your wallets (or custody by Finary)
Since 2022, Finary has been registered as a PSAN (Digital Asset Service Provider) with the Autorité des Marchés Financiers (French Financial Markets Authority). We comply with French regulations and are authorized to operate on par with giants like Crypto.com or Bitpanda.
The waiting list is now open!
🖥️ Finary on Web
Finary was born on the web in 2021. The app gradually took over and now represents the majority of usage. It was time to revamp the web experience.
The web experience has been completely redesigned: smooth, fast, powerful, and customizable. This last aspect is crucial: everyone will be able to build their own Finary. We also took advantage of this redesign to add the insights already present in the app.
And that's not all: the web version will benefit from exclusive features such as new charts, the ability to compare performance to benchmarks (e.g., MSCI World), or new dividend indicators.
The release will first be available to Finary Plus users and will then be expanded to all users.
✉️ A Letter to our shareholders
1 year ago, Finary shattered the European crowdfunding record by raising €2.1 million in 20 minutes: 1,000 users became shareholders, which made me extremely proud.
I sent them a letter. In it, I talk about the road travelled, the successes, the failures and the future. Transparency being one of our values, I decided to publish it.
Finally, don't forget to unlock the full power of Finary with Finary Plus.
No more time lost every week on spreadsheets. No more complex calculations and headaches to understand the hidden fees behind your investments. Get everything Finary has to offer for a flat fee.
Thanks for reading this newsletter. Follow me on Twitter for exclusive content & a sneak peek of upcoming features.
