Fintech platform Vault22 has launched in the UAE, introducing an AI-powered wealth management application designed to help users budget, save and invest through a single interface.

The platform aggregates users’ bank accounts, investments, liabilities and financial goals into one dashboard, allowing them to better assess their financial position and make more informed long-term decisions.

The launch reflects rising demand for tools that support individuals managing multiple banks, currencies and investment accounts, which can make it difficult to maintain a clear financial overview.

Vault22 consolidates financial data across institutions and applies artificial intelligence to generate personalised insights and recommendations.

Its AI financial advisor, Tara, analyses spending patterns, financial behaviour and investment activity to provide guidance on budgeting, debt management, savings and investment planning.

The system can also forecast potential cash shortfalls, identify idle funds, monitor investments and send prompts aligned with income cycles and financial goals.

Stephen Ong, Co-Founder of Vault22, said the aggregation model enables broader financial visibility than traditional services.

“Most financial institutions only see a small portion of a customer’s financial life, usually activity within a single account. By aggregating accounts, assets and liabilities into one platform, Vault22 can develop a much more holistic understanding of each user’s financial needs. That allows us to deliver personalised financial guidance and connect customers with the right financial products at the moment they actually need them.”

Vault22 reports more than 1 million registered users globally, with over 50,000 new registrations in the past 90 days. Monthly active users rose by 6.92% in February.

Featured image credit: Vault22