Description
Mooch (amoochlife.com), founded in 2021 by Kevin Jiang and Richard Velasquez, is a personal finance app that builds users a personalized budget in minutes and then automatically manages it for them. The app uses digital 'envelopes' to automatically transfer money from a user's bank account toward bills and savings goals, handles automatic bill payment, and rewards users with cash back and bonuses for staying on budget and paying bills on time. Mooch's stated mission is to democratize personal finance and help people build better money habits and financial confidence.