Envelope: Budgeting app with built-in banking

Envelope

Budgeting app with built-in banking

Active

https://envelopebudgeting.com/

Budgeting app with built-in banking

Envelope is a budgeting app with built-in checking and debit cards. It helps people organize real money into digital envelopes, plan ahead for bills and everyday spending, and control spending before it happens, instead of only tracking transactions after the money is gone.

Active Founders

Katelyn Strobel

Founder

Cofounder/CEO at Envelope. Marketing consultant turned fintech junkie, passionate about personal finance and creating tools for consumers to spend less and save more.

Katelyn Strobel

Founder

Cofounder/CEO at Envelope. Marketing consultant turned fintech junkie, passionate about personal finance and creating tools for consumers to spend less and save more.

Josh Strobel

Founder

Technical cofounder & CTO at Envelope, an iOS budgeting app with built-in checking accounts and debit cards for individuals and families. Previously worked on the Robinhood and Twitter iOS apps. Other places I've been - Tesla (shop.tesla.com) - Microsoft (Edge Browser & Windows Server) - Adobe (Adobe Analytics)

Josh Strobel

Founder

Company Launches

Envelope ✉️ Budgeting app with built-in banking

See original launch post

TLDR We're a consumer budgeting app with built-in banking.

PROBLEM

Saving, investing, and meeting wealth milestones are critical for good financial health, but are often boring or stress-inducing. It doesn’t pack the same dopamine punch as 2% cash back. This leaves us with a gaping disparity between the average total consumer debt of $101,915 and the 63 percent of Americans who don't have enough saved to cover a $500 financial setback.

We— @Josh Cockrell Strobel and @Katelyn Strobel— run a 75K+ subscriber YouTube channel, and have vlogged our personal finance journey as a couple in Silicon Valley. We were constantly getting asked which tools we recommended for managing our finances. At that point, we had tried everything and were frustrated with the existing solutions. We had nothing we could confidently recommend.

So, we decided to use our backgrounds in consumer fintech (Katelyn worked on marketing projects for Apple Card, Acorns, and Digit, and Josh worked as a programmer on the Robinhood & Twitter iOS apps) to create our personal finance platform.

uploaded image

SOLUTION

We make good financial behavior fun, measurable, and addicting.

Through our banking partners*, our app employs an FDIC-insured checking account and Visa card to serve as the central hub of your finances, and our budgeting features and analytics enhance the experience by aligning you with your dream financial life. We facilitate all of this through a digital “cash” envelopes system, custom goals, and tailored analytics.

uploaded image

ASKS

Download our iOS and Android apps at https://envelopebudgeting.com
Leave us a ⭐⭐⭐⭐⭐ review on the App Store and Play Store.
Share this post!

*Banking services provided by Envelope’s partner banks, Members FDIC. Card Services are issued by Envelope’s partner banks, pursuant to a license from Visa.

YC Photos