Sequence, the world’s first financial router, announces today its emergence from stealth, raising $5.5 million in funding led by Aleph. Aiming to reshape the personal finance industry, Sequence offers users the ability to effortlessly visualize their cash flow, establish smart routing rules, and exert control over the distribution of their finances across various accounts.
Gilad Uziely, Co-Founder and CEO of Sequence, recognizes the significant gap between consumers and small business owners in managing their dispersed financial assets. The average American juggles around 15 different accounts, including credit cards, loans, bank accounts, and fintech apps. This fragmentation of services has made it increasingly challenging to track, comprehend, manage, and optimize our financial lives.
This is where Sequence steps in. They empower users to:
- Visualize users’ money: Bring together all bank accounts, credit cards, savings funds, investments, and more into one place. Sequence offers an intuitive and dynamic UI money map that allows users to view and control the distribution of their finances across multiple apps and platforms.
- Automate users’ money: Sequence enables users to create automations powered by smart rules and IF statements. These automations help boost savings, optimize finances, and automatically move money based on dates, balance status, and other criteria.
- Take action and get the full picture: Unlike other personal finance platforms, Sequence is actionable. Users can execute their financial strategy directly from the platform, making it easier to stay on top of their finances and take control of their financial goals.
Moreover, Sequence is designed to make financial management accessible to everyone. The platform’s user-friendly interface ensures that users can easily direct their funds toward debt clearance, long-term investments, interest optimization, and emergency savings.
Although the company has not officially launched yet, Sequence has already gained traction since introducing its Alpha version earlier this year. Users are leveraging the platform to automate financial activities, contributing to debt reduction, long-term investment strategies, interest optimization, and creating financial safety nets.
Aleph recognized the unprecedented potential of Sequence. The investment not only validates the company’s vision but also signifies the confidence in Sequence’s ability to revolutionize personal finance management.
As Sequence prepares for its official launch, the funding secured underscores the industry’s recognition of the growing demand for a tech-enhanced financial router that simplifies and enhances financial management for users.
Credit: Elad Malka
