Written by Alex Pashkevych // Also shared on

The CTO of Welto, Dmytro Sazonov, admitted to have been fascinated by the idea of humans communicating with computers ever since he was a child, Amazon’s Alexa being his dream turning into reality. But, getting back to Alexa’s ability to help you manage money and control your finances, you’re probably curious of how this technology can improve your daily life. For instance, with the help of Alexa, you can check to see how much money you have left in your account, what is your monthly income, what are your monthly expenses, and check on your financial goals. These are just a few examples of how Alexa can be used to keep track of your finances and manage money. At this point, it is more than obvious that artificial intelligence is not just a future plan, but already a part of our daily reality. And Welto is not about to stop changing the way you control and understand your finances.

In present days, the team at Welto is already working on their next project, which consists in modules that will be able to evaluate and predict your budget based on the info that will be constantly gathered. For instance, you will be able to see what bills need to be paid, how is the status of your budget in accordance with the set financial goals, how much you have until reaching the desired goals, if you are spending too much money and on what, or if your budget allows spending money on things that are optional. Practically, you will have a detailed view over your budget any time you want, fast, easy, and simple, without even looking on complicated bank statements don’t even understand. And Alexa is more than just the voice of your bank account, as it is also able to provide advice based on the existent data, so you can control your finances more efficiently.


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Using the skills of Alexa to help you manage money was originally published in Startups.com on Medium, where people are continuing the conversation by highlighting and responding to this story.