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Clarity Money Marks Continued Growth with 100,000 Customers and Senior Hires

- New executives join fast-growing company from American Express and Paribus

-Customer milestone signals continued growth and demand for financial advocacy

NEW YORK--(BUSINESS WIRE)-- Clarity Money, a revolutionary personal finance app that acts as the “Champion of your Money,” has reached 100,000 customers since its launch in January 2017. The app has been a “featured” personal finance app on the Apple App Store since its launch. Clarity Money was created by venture capitalist and serial entrepreneur Adam Dell.

To keep up with this growing demand, Clarity Money is pleased to announce three new additions to its team - Melissa Manne, Vice President of Product Management; Colin Kennedy, Chief Revenue Officer; and Marc Atiyeh, Chief Strategy Officer. The Clarity Money team already includes financial and technology veterans from Betterment, Google and IBM, as well as advisory board members Niall Ferguson, economic historian, and Dan Ariely, behavioral economist.

Prior to joining Clarity Money, Melissa Manne served as director of software product management for American Express. Colin Kennedy also hails from American Express where he served as vice president/GM of global business development for digital and alternative payments. Marc Atiyeh brings his experience as head of growth from Paribus to the team.

“We’re thrilled with the growth Clarity Money has experienced thus far,” said Adam Dell, founder and CEO of Clarity Money. “We are honored to provide our customers with a powerful tool that improves their financial well-being. Our expanded team of experienced technology and financial services veterans put us in a position to achieve our goal of helping one million customers improve their financial lives.”

Clarity Money works by using data science and machine learning to provide personalized insights for customers. By utilizing a combination of techniques such as natural language processing, anomaly detection and spectral analysis, customers are able to take advantage of features such as: bill lowering, subscription cancellation, creating a savings accounts and providing tailored suggestions on things such as credit cards.

With the potential impact of financial deregulation and the weakening of the Consumer Financial Protection Bureau, consumers need a financial advocate now more than ever. Banks and financial institutions already have powerful tools designed to sell, market and retain customers, but consumers don't have an equally powerful tool to level the playing field and protect against hidden fees and recurring charges. Clarity Money empowers consumers to take control of their finances, providing them with transparency, organization and actionable insights.

ABOUT CLARITY MONEY

Clarity Money is a personal finance mobile app that acts as your financial champion. Ushering in a new era of mobile personal finance management apps, Clarity Money uses artificial intelligence and data science to help consumers make smarter financial decisions and get the most from their money. The revolutionary features allow users to cancel and lower bills, get a better credit card, get their credit score and create a savings account, all from within the app, and all at the push of a button.

Launched in 2016 by venture capitalist and serial entrepreneur Adam Dell, Clarity Money is backed by leading investors, including Bessemer Venture Partners, RRE Ventures, Soros Capital, and Maveron Ventures. To learn more about Clarity Money, click here.

View source version on businesswire.com: http://www.businesswire.com/news/home/20170313005305/en/

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Vested
Hod Klein/Maggie Monaghan, 917-765-8720
clarity@fullyvested.com

Source: Clarity Money

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