Clarity Money Marks Continued Growth with 100,000 Customers and Senior Hires

– New executives join fast-growing company from American Express
and Paribus

-Customer milestone signals continued growth and demand for
financial advocacy

NEW YORK–(BUSINESS WIRE)–Clarity
Money, a revolutionary personal finance app that acts as the
“Champion of your Money,” has reached 100,000 customers since its launch
in January 2017. The app has been a “featured” personal finance app on
the Apple App Store since its launch. Clarity Money was created by
venture capitalist and serial entrepreneur Adam Dell.

To keep up with this growing demand, Clarity Money is pleased to
announce three new additions to its team – Melissa Manne, Vice President
of Product Management; Colin Kennedy, Chief Revenue Officer; and Marc
Atiyeh, Chief Strategy Officer. The Clarity Money team already includes
financial and technology veterans from Betterment, Google and IBM, as
well as advisory board members Niall Ferguson, economic historian, and
Dan Ariely, behavioral economist.

Prior to joining Clarity Money, Melissa Manne served as director of
software product management for American Express. Colin Kennedy also
hails from American Express where he served as vice president/GM of
global business development for digital and alternative payments. Marc
Atiyeh brings his experience as head of growth from Paribus to the team.

“We’re thrilled with the growth Clarity Money has experienced thus far,”
said Adam Dell, founder and CEO of Clarity Money. “We are honored to
provide our customers with a powerful tool that improves their financial
well-being. Our expanded team of experienced technology and financial
services veterans put us in a position to achieve our goal of helping
one million customers improve their financial lives.”

Clarity Money works by using data science and machine learning to
provide personalized insights for customers. By utilizing a combination
of techniques such as natural language processing, anomaly detection and
spectral analysis, customers are able to take advantage of features such
as: bill lowering, subscription cancellation, creating a savings
accounts and providing tailored suggestions on things such as credit
cards.

With the potential impact of financial deregulation and the weakening of
the Consumer Financial Protection Bureau, consumers need a financial
advocate now more than ever. Banks and financial institutions already
have powerful tools designed to sell, market and retain customers, but
consumers don’t have an equally powerful tool to level the playing field
and protect against hidden fees and recurring charges. Clarity Money
empowers consumers to take control of their finances, providing them
with transparency, organization and actionable insights.

ABOUT CLARITY MONEY

Clarity Money is a personal finance mobile app that acts as your
financial champion. Ushering in a new era of mobile personal finance
management apps, Clarity Money uses artificial intelligence and data
science to help consumers make smarter financial decisions and get the
most from their money. The revolutionary features allow users to cancel
and lower bills, get a better credit card, get their credit score and
create a savings account, all from within the app, and all at the push
of a button.

Launched in 2016 by venture capitalist and serial entrepreneur Adam
Dell, Clarity Money is backed by leading investors, including Bessemer
Venture Partners, RRE Ventures, Soros Capital, and Maveron Ventures. To
learn more about Clarity Money, click here.

Contacts

Media
Vested
Hod Klein/Maggie Monaghan, 917-765-8720
clarity@fullyvested.com