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Times Internet launches Smartspends, a mobile app to help users take control of their money

Times Internet today announced its foray into the
finance technology space with the launch of ‘Smartspends’, an app which helps
users stay on top of their money. Within the first few seconds of
installing the app, users will know where their money is being spent without
any manual input. By applying intelligent algorithms on the spend feed that is
saved in the text inbox of the phone, it automatically organizes all the spends

Times Internet today announced its foray into the
finance technology space with the launch of ‘Smartspends’, an app which helps
users stay on top of their money. Within the first few seconds of
installing the app, users will know where their money is being spent without
any manual input. By applying intelligent algorithms on the spend feed that is
saved in the text inbox of the phone, it automatically organizes all the spends
into different categories viz. travel, eating out, entertainment etc. This
gives a complete picture of the user’s spends in one single place.

Apart from organizing expenses, the app also creates a
bill calendar where all the bills are aggregated in one view and then through
its smart alert system, it ensures that users never miss paying bills and hence
save on late charges.

Another useful feature of the app is Card Suggest
where users can just let the app know where she is spending and Smartspends
will suggest which of her cards (debit or credit) should be used for best
savings. The refreshingly new app also personalizes deals and discounts in
the market based on the users’ spending pattern. It continuously surfs the
market to bring its users the best deals and offers on their debit and credit
cards, where one can save to almost up to 20% on every transaction.

Mukesh Kalra, Business Head, Smartspends, said,
“Smartspends is built on a very simple premise – mobile is enabling us to
re-imagine everything around money at an unprecedented scale. The app is a
smart use of mobile tech to solve a very basic problem of enabling consumers to
take control of their money seamlessly”

The app is currently available on Android
playstore – https://goo.gl/MIhmWM

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