The Social Financial Management App | Status Money

Status Money was founded in 2016 by Majd Maksad and Korash Hernandez – two data scientists living in New York City. During more than a decade working at financial institutions, they studied how people make financial decisions and saw that most managed their finances alone – unable to see if they were overpaying for financial products or overspending. They had a radical solution – create the world’s first platform that enables everyone to anonymously compare their finances with people like them. Through simple comparisons, Status shows every member if they’re overspending, not saving enough, or getting unfair interest rates. It uses machine learning algorithms to proactively find opportunities for members to save and earn smarter – helping them live more prosperous lives. We’re creating a smarter and more transparent future – Join us! contact@statusmoney.com - - The Benzinga Brand Studio produces longform video content on behalf of partners. To learn more about this offering email michaelmurray@benzinga.com