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What is Nudge?
Nudge is an app that uses Artificial Intelligence to help users save, invest, and budget to help them reach financial freedom. For those who want to achieve financial independence but don't know where to start, Nudge is the solution.
What problem does Nudge solve?
Nudge solves the problem of wasted potential: Money that could have been better spent being invested in the stock market with solid returns, versus wasting away in a savings account or spent too early.
Has anyone else tried to solve this problem before?
Different iterations of this idea have existed, most notably Robinhood and Acorns, but our approach is different in that it uses AI to be more effective than these tools. Also, AI financial tools do exist, but none combines them with the power and reach of an app.
How will we solve it?
Using our AI wealth advisor would help our users make more educated decisions with their wealth, potentially increasing their returns in a much more efficient way that was only previously accessible to the upper classes.Â
Why were best suited:
As young people who have firsthand experience with the increasing democratization of the stock market and the increasing effects of AI, we feel that we would be able to bring a unique perspective to the market and use it to create the best product possible. We all have vast experience in economics, finance, and computer science which means we are well suited to deliver this product.
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