$1 raised out of $100,000
Overview
Platform
Kickstarter
Backers
1
Start date
Dec 21, 2019
Close date
Feb 01, 2020
Concept

An application that makes your expenses more predictable and easy to manage through a single monthly bill utilising open banking API’s.

Story

I’m an entrepreneur with a strong passion for technology and building applications for businesses and individuals that looks at solving customer needs. I recently created a social networking travel app called Loom that had 10,000 downloads within the first 12 months and partnered with 9 travel tour companies generating over $40,000 revenue for the company. The success of Loom has given me an even stronger drive to build more applications.

I’m currently working within one of the four major banks of Australia and have done a fair bit of research in Open Banking. The Open Banking concept has now been governed so that all major banks in Australia by 2020 will need to have a form of Open Banking technology for their customers. This being said, it has created a huge opportunity to build an application within Open Banking which is why I have thought of the idea 1Bill.

1Bill will use Open banking technology will be an application that will make the users expenses more predictable and easy to manage through a single monthly bill that covers all your monthly costs. There is more detail which I dont wish to share over this but it’s an exciting opportunity for anyone involved.

I plan to use the same developers that I used previously for Loom as I can trust them being extremely efficient and transparent while building the app, but also providing a high quality end product.

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