Website link (PezePay.com)
A product I developed that helped to simplify and automate reoccurring personal billing and budgeting. The product collected all your personal bills across different utilities, insurances, phone, internet, mortgage etc, and consolidated them into a consistent single monthly payment, avoiding confusing individual payments and time consuming budget management across monthly, quarterly, and yearly payments.
Your bills would be collected into a single space, and AI is used to segment the bill and extract the information. The bill is checked to ensure it comes form a legitimate biller and was not a scam, then the value of the bill was compared to historical amounts to ensure it was in line with expected expenditure.
We would combine all bills across the year to come up with an single, consistent, monthly payment for you, and we would manage the payments in the background to ensure all your bills are paid in full and on time.
As we had coverage across all the different service providers, we could automatically and continuously compare your service with others and provide you with recommendations on cheaper services that better meet your unique needs.
Also, with all the information we had about consumers and their preferences, we could leverage this information to provide services providers with insights into undeserved demographics or geographies, that can be used to design new product with better product/market fit.
The long term vision for the product was to extend to include savings targets within their single monthly payment, which we would hold on their behalf.
Further we could extend to provide billing services to companies, leveraging our existing solution to interact and collect funds on behalf of our merchant customers.
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