Being a member of the personal finance community for over a decade, I have always been crying out for an all-in-one personal finance mobile app that can replace manual tracking. Pretty much like a super app in the personal finance domain that can do it all- savings, expenditure tracking, budgeting, discounts etc. I would say that SGFindex comes pretty close but it is still lacking some of the aforementioned functions that I require. My prayers were finally answered when Dobin, the ultimate personal finance app, came along in 2023. This review shows how Dobin has significantly improved my personal finance wellness.
What Is Dobin?
Dobin is a free mobile app developed by a Singapore-based fintech company which harnesses users’ data to unlock smarter financial management for them. I know it’s a mouthful, so let me break it down step-by-step.
Users start by granting connections from their banks to the Dobin app. As shown in Diagram 1, connections can be made to 9 major banks (coverage is still expanding) to provide a consolidated view of connected bank accounts and credit cards information. Thus far, it is the only app that allows users to connect Citibank bank accounts and credit cards for free.
Diagram 1: Bank connections on Dobin
A green ticked mark indicates that a connection has been successfully made.
Dobin subsequently uses Advanced Data Analytics and Artificial Intelligence to extract valuable insights from these bank accounts and credit card transaction data to provide holistic financial trends, insights, personalised offers etc. Examples include tracking overall cashflow movement, credit card spend categories etc. Head straight to the later part of this blog post to understand the benefits of this information.
Now, let me demonstrate how to sign up for Dobin so that you can take the first step towards better personal
