Bean is a personal finance management tool that’s on a mission to prevent people from wasting money.
In episode 19 we look at Bean. Bean is a personal finance management tool that’s on a mission to prevent people from wasting money. Unlike others in this field, Bean is not interested in categorising day-to-day spending.
Instead, Bean analyses your online bank statements and identifies your recurring payments – everything from gym subscriptions to electricity payments. Users can then surf through these payments and easily identify any that they no longer need – while at the same time Bean will highlight any that it believes users are paying too much for. Bean doesn’t simply identify pain points, it can often take an active role in the actual cancellation process of what it calls Zombie subscriptions.
AltFi is returning to Amsterdam for its second annual Summit in the city. The inaugural event last year was a roaring success, with key figures from across Continental Europe's alternative finance and digital banking sectors highlighted. These included Jeroen Broekema, managing director of Funding Circle Netherlands, and Mieke van Engelen, head of innovative partnerships at ABN AMRO's standalone lending platform, New10.