Helping UK’s 5.3 million self-employed take control of their finances
Corgee has secured its first pre-seed investment from Think Bigger Capital to develop its AI-powered finance app to make personal finance simpler for the UK’s 5.3 million self-employed.
With over 700,000 self-employed workers shutting up shop during the pandemic, Corgee believes that something needs to be done to make money management straight-forward for the self-employed or those with unpredictable income.
In fact, the idea for Corgee came about after founder Dmitrijs Vitjazevs struggled to find a simple way to manage his finances while self-employed a few years ago. After realising that there was no personal finance app designed to cope with the unique challenges of being self-employed, he set about building his own.
Corgee will let users see all of their income at a glance. Intelligent algorithms and insights will help them predict when they might have a slower month, encourage them to tuck some money away for tax and, most importantly, send them gig opportunities through the app, so they can go beyond just managing their money and start earning more too.
Ultimately, Corgee wants to put a financial and business advisor into every freelancer’s pocket, giving them the kind of personalised tips, recommendations, and analysis they’d get from an accountant or business analyst, all completely free.
Looking forward to the launch, Vitjazevs said: “As somebody who struggled to stay on top of their self-employed finances, I’m very excited to be building the app that I wish had been around a few years ago. Unfortunately, the way financial services are set up is based on the outdated idea of getting paid on the same date every month, which just isn’t the reality for 26% of the UK workforce any more.
We’re building an app that drags personal banking into the 21st Century and lets you manage your money, however, and whenever it arrives. It’ll give you personalised advice, help you bid for more work and — most importantly — make managing your freelance finances as simple as checking your emails.”
To read more about how Corgee can help you take control of your finances and to sign up to be among the first to take it for a spin check out the Corgee website.