22 | Wealth & Finance FinTech Awards 2024 WealthTech Innovation Excellence Award 2024 – Middle East As wealth accumulates from various sources, tracking and managing it effectively becomes increasingly challenging. When individuals diversify their portfolios, accumulating wealth in both tangible and intangible forms, the need for intelligent management solutions grows. Myne addresses this need perfectly, offering clients a comprehensive tool that tracks their wealth across all sources, generates actionable insights, and optimizes budgeting, investing, and spending decisions in real-time. Moreover, families often face significant stress and challenges in managing finances after the loss of a loved one, especially when there isn’t a clear, organized record of assets. Myne alleviates this burden by connecting clients with top-tier estate planners who help curate comprehensive estate plans and assist in safeguarding their wealth. With Myne, clients receive peace of mind and financial security, seamlessly managing unforeseen circumstances, whether it’s handling wills, foundations, succession planning, or retirement. Myne is a revolutionary financial technology platform that is transforming how individuals and businesses manage their finances and track their assets. It offers a comprehensive suite of features designed to empower users to make informed investment decisions, monitor spending, and plan for the future, all while making financial management accessible and engaging. With four key distinct verticals: 1. Holistic Asset Tracking: Myne aggregates and syncs various assets, providing users with a complete view of their net worth. This includes bank accounts, cryptocurrencies, stocks, properties, and portable assets like watches, jewelry, and art. Users can visualize and manage their wealth through a centralized platform. 2. Real-time Budgeting and Spending Monitoring: Myne gives users real-time insights into their spending habits, helping them monitor expenses and promote better financial management. This enables users to optimize their budgets and increase savings. 3. Investment Marketplace (coming soon in version 2): Myne’s curated investment marketplace offers a diverse range of opportunities aligned with users’ financial goals. Integrated real-time market data and deep links to external platforms allow users to explore and invest with confidence. 4. Estate Planning Services: Myne connects users with experienced estate planners for comprehensive wealth management solutions, including inheritance planning, wills, and trusts. This ensures the protection and future security of users’ wealth. In Founder Karim Chouman’s words, “Our ideal customers are individuals who are beginning to accumulate wealth, corporate employees, and those with multiple assets. With Myne Business,” the company’s upcoming launch, “we will support family offices, financial advisors, and wealth planners by helping them track their clients’ wealth in real-time and manage multiple complex accounts effectively.” The platform is tailored to meet the needs of users with varying levels of financial literacy. It acts as both a supplemental tool for those who already have robust financial strategies in place and a resource for less knowledgeable individuals to understand and control their assets like never before. Myne leverages cutting-edge digital solutions to connect generations of users with their vital financial information. What is your current net worth? Chances are, you’re not completely sure. It’s time to aggregate your assets, organize them, track them, score them, and grow them. We’ve built the perfect tools to manage your assets. Owing to Myne’s commitment to client satisfaction, it offers its services at competitive prices, with monthly and yearly plans and a generous 30-day free trial. Once signed up, the service provides up-to-date insights into users’ spending, making setting budgets and sticking to them as simple as checking in with Myne. Through AI and machine learning, these insights are tailored to individual user habits, helping to identify cost-saving opportunities and suggest estate planning options. Where Myne truly shines is in the seamless aggregation of clients’ assets, bringing everything from bank accounts and cryptocurrencies to stocks and properties under one platform. This even accounts for portable assets such as watches, jewelry, and art, providing an accurate representation of net worth. As Karim puts it, “This holistic approach enables users to understand their financial position comprehensively and make smarter investment and financial planning decisions.” Myne also connects users to live market information such as stock and cryptocurrency performance, allowing them to track all their investments in real-time under a single dashboard. To help users gain a clear understanding of their asset allocation and potential risks, Myne provides a comprehensive asset diversification score. This score evaluates the diversity of asset distribution across different categories and gives users visibility into areas where they may be under-invested or overexposed. By highlighting these gaps, Myne offers personalized suggestions for achieving a more balanced and resilient “ ”
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