- Sept. 9, 2021
-- Nuvestan offers people a solution and enables them to save regardless of their financial situation. Nuvestan is a financial tool that helps consumers visualize the value of their purchases within a given time.
The tool collects information on users' categorized purchases and spotlights their spending behavior to make them aware of the money they could have made in the stock market. It doesn't require a banking login, and users that have a Mint.com account can download their transactions from Mint.com and upload them to Nuvestan to show their historical data. The platform only accesses data to present users with their spending habits, and it doesn't store their users' financial institutional usernames and passwords.
Moreover, to ensure a safe and secure connection between users and their financial institutions, Nuvestan has partnered with Plaid Inc. Plaid works with Venmo, Betterment, Truebill, American Express, and Acorns to emphasize the security of a user's transactions. Data security and the privacy of their users is a top priority for Nuvestan. They employ measures such as 256-bit-encryption and multi-step authentication to safeguard user information further.
Nuvestan is on a mission to help consumers raise awareness of their finances and save for retirement to mitigate a possible crisis in the future. By allowing users to set and track their financial goals, Nuvestan empowers them to re-evaluate their spending habits and save for retirement with ease.
Retail Investment has increased in the past two years, with many people seeking to grow their existing funds. Furthermore, work-from-home, stimulus checks, and higher personal saving levels have accelerated the rise in retail trading. At a time like this, Nuvestan emerges as an ideal and free-of-cost solution for new retail investors. Nuvestan (https://www.nuvestan.com/
) believes that by becoming aware and making small changes to purchasing patterns, people can multiply their funds in the long run. It is the only platform that breaks down a user's spend to help them make an informed assessment on modifying their purchasing trends. Nuvestan helps users understand the value of their money by showing them what it would have been worth had they invested it in stocks, mutual funds, or ETFs.