We’re still helping people do better with their money. And this year we’re continuing to find more, and more powerful, ways to do that.
22seven is helping people to manage their money better than ever. In addition to what 22seven has always done – including showing you all your money together, automatically sorting your transactions into categories, showing you how much you spend on what and creating a spending plan for you automatically – some of the new additions mean you can now:
See more of your money in one place. There are now well over 60 financial institutions customers can link accounts from, including bank and store accounts, investments, loans and rewards.
See more about your money. For example: the Spendometer forecasts how much you’ll spend by the end of the month, so you can adjust your spending accordingly. Account balance and net value trends help you gauge how you’re doing compared with 3 months or 3 years ago. Advanced transaction search filters help you find any transactions from any time, according to almost any criteria.
Feel even more reassured because we’re insured. We’re now insured by AIG, so if your information is compromised (which we never expect to happen) and you lose money as a result, we’re covered and will refund you.
Nudges are useful, relevant insights and hints that help you use your money better and see things you didn’t know about it. They’re personalised because they’re based on your own spending, and they’re designed to highlight things you may not otherwise have noticed or thought about. Think Google Now for your money. Nudges were introduced in October 2015, and we’ll keep adding new ones. The potential to help people through nudges is huge, and we see them being a big part of 22seven in future.
We launched investments in March 2015. And we haven’t found anywhere else in the world where investing is so easy. It’s 100% online, totally paperless, and takes minutes, literally. (One customer invested while he was stuck in traffic). Even the FICA stuff can be done on your mobile phone. Because you invest directly, and no broker or adviser is needed, our fees are kept low - just 0.68% (compared with an average of 2.1% when you go through an adviser). You can invest monthly or once off, from R350. And your investments can be tax free.
We get messages from our customers daily. Some of them tell us they’ve saved hundreds every month since using the app. Others have got out of massive debt with 22seven’s help. So we know it’s working, and we know it’ll keep getting better. We hope you keep in touch with 22seven in 20sixteen.
More, and more powerful, ways to do better with your money.
Among 22seven’s recent additions: the Spendometer, account balance and net value trends over time, advanced transaction search filters, and over 80 financial institutions to link accounts from.
Nudges are useful, relevant insights and hints that help you use your money better and see things you didn’t know about it. Think Google Now for your money.
Investing through 22seven is 100% online, totally paperless, and takes minutes, literally. (One customer invested while he was stuck in traffic).