![]() There is nothing on the market right now that focuses on budgeting, and then budgeting for a purpose. And Exeq is aiming to change that, and be the company that properly services the millennial generation when it comes to their finances and more importantly guiding them through the process. They are spending billions and billions of dollars trying to target millennials and sell us on different products when they don’t even understand our needs, our habits, and most importantly our culture. And the companies that are servicing us, banks and other financial institutions, are doing nothing about this issue. ![]() That’s the fact that millennials know absolutely nothing when it comes to their personal finances. Our product is really aimed at solving a very simple but super apparent pain-point. And what this does is it creates a closed architecture platform where users can seamlessly start investing and start saving with a few clicks of a button. ![]() Clients can open an Exeq savings account directly on our platform, and they can also open an Exeq investment account when they’re ready. We also send you very personalized, tailored notifications to help you buy smarter, and begin to save and invest. We really give you an in depth analysis on what’s going on with your finances. We are a budgeting platform that helps you spend better we give you much better analytics than any kind of banking app when it comes to your spending behavior. We have raised $1.6M in our seed round thus far, and it’s been a fantastic process.Įxeq is an all-in-one finance app. Our investors are mostly composed of private angels, family offices, and a couple of venture firms based out of New York and California. Who were your investors and how much did you raise? Targeting millenials when they first join the workforce, the app has the sophistication to grow with the millenials needs as they move towards building savings and investment accounts.ĪlleyWatch chatted with CEO and cofounder Daniel Schwartz about the newly funded startup and its future plans. Until Exeq, the smart mobile budgeting platform that serves as an all-in-one finance platform. At the crux of every financial decision is budget yet there is no easy way to make and track budgeting decisions in an easy manner but there are hundreds of apps that will help you track your expenses. Millenials have been distrustful of the traditional banks and live their lives completely in the digital age. A hot topic in the world of personal finance is how to get millennials to effectively manage their finances. ![]()
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