Tommy Lam's Colleagues at iPYGG
Tommy Lam's Contact Details
Hong Kong,Hong Kong
iPYGG
Tommy Lam's Company Details
Most Millionaires and Billionaires have a Private bank or wealth manager helping them to grow and manage their wealth. However, In Hong Kong, 62% of Millennials live from paycheck to paycheck and 30% of the Bankruptcy cases come from Millennials due to overspending habits with their credit cards. iPYGG is a digital piggybank that is a one-stop-shop for all financial needs which aims to make wealth management more inclusive through open banking and machine learning.The main features of the application include the following:1. Bank consolidation: aggregates information from multiple bank accounts and makes it convenient for users to get an overview of their daily transactions and financial health.2. iPlan: provides insights on key areas of improvement related to expenditure management and facilitates collaborative saving with loved ones to save towards a common goal.3. iSave (Patented): rounds-up the purchase amount and saves the spread when users spend with the linked credit cards.4. Robo Advisory: analyses users' spending patterns to determine their risk profile, based on which tailor-made portfolios that use ML with Modern Portfolio Theory and Black-Litterman are recommended.