The Generative AI Product Exemplifies Wally’s Commitment to Continuous Innovation and Empowering Users Through Financial Literacy
Wally, the renowned personal finance mobile application available in 70 countries, is excited to announce the launch of WallyGPT, a groundbreaking generative AI assistant designed to revolutionize personal finance management while maintaining the highest privacy and security standards.
The newly launched WallyGPT goes beyond traditional charts and graphs by answering users' questions about their financial past, helping them plan better for the future, and offering insights into investment opportunities and financial literacy. WallyGPT is the World's first AI-powered personal finance app, and it is set to transform how people manage their finances globally.
"Wally has always been at the forefront of personal finance management, and the introduction of WallyGPT is a testament to our commitment to continuous innovation," said Saeid Hejazi, CEO and co-founder at Wally. "We believe that WallyGPT will empower our users to make more informed financial decisions while maintaining the utmost privacy and security."
Since its inception, Wally has helped people track their net worth, spending, and budgets worldwide by connecting their bank accounts to the app. The easy-to-understand charts, graphs, tables, and notifications have made Wally a leading choice for personal finance management. As a result, Wally has garnered numerous accolades, including "top finance app" by Apple, "expense tracker of the year" by Investopedia, "global best-in-class" by Medici, and "a beautiful budgeting app for people that hate math" by Glamour magazine.
Privacy is at the core of Wally's values. The company is dedicated to protecting user data and has never shared, sold, or rented personal or financial information. WallyGPT upholds these privacy principles by ensuring that the data used to provide context does not include any direct or indirect personally identifiable information. The data is processed only to provide information relevant to the user's question and is destroyed in 30 days. WallyGPT's data is never used for training and no banking information, account information, or other sensitive information is shared.
In addition to privacy, Wally is committed to exceptional security standards. The company is regulated in several markets and applies those cybersecurity standards to its global operations. This includes systematic third-party security audits, penetration, and vulnerability testing. Wally connects to banks through PCI-compliant, ISO 27001-certified, and GDPR-compliant services. Users' data is encrypted on their devices, in transit, and during storage.
WallyGPT is now free in the Wally app across 70 countries, including the Americas, Europe, Asia, and the Middle East. To experience the next generation of personal finance management, download the Wally app for free from the Apple App Store or Google Play Store today.
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