Abu Dhabi Islamic Bank (ADIB), a prominent financial institution in the UAE, has unveiled the region’s first personal finance management tool, the ADIB Money Management Tracker. Developed in collaboration with Lune, an Emirati fintech company, this innovative solution empowers customers to take control of their financial activities with ease and precision.
Aligned with ADIB’s 2035 vision, the Money Management Tracker reflects the bank’s commitment to customer-centric innovation. The tool offers a simple and user-friendly platform that enables customers to monitor their finances, track income and expenses, and categorize spending across various areas such as groceries, transportation, and entertainment. By providing actionable insights into spending habits, it aims to enhance financial literacy and planning among users.
One of the standout features of the tracker is its interactive visualizations of cash flow, giving users a clear view of their financial situation. This empowers them to make informed decisions, whether for managing daily expenses or planning for long-term goals.
Fernando Plaza, Chief Digital Officer at ADIB, shared his enthusiasm:
“As part of our ADIB 2035 vision, we are committed to transforming the banking experience through innovation. The ADIB Money Management Tracker is a testament to our dedication to meeting the evolving needs of our customers. By collaborating with Lune, we have delivered a powerful solution for today’s digital-savvy customers, enabling them to manage their finances with confidence.”
This collaboration with Lune, under the ADIB Ventures initiative, underscores the bank’s forward-thinking approach to digital transformation and its focus on enhancing customer experiences through fintech innovation.
Now available on the ADIB mobile app, the Money Management Tracker offers customers a seamless way to manage their finances, track spending, and plan effectively for the future. With this groundbreaking tool, ADIB continues to lead the way in personalized and accessible banking solutions in the region.