What types of financial assets can be tracked with Moneytor?
Moneytor allows users to track a wide range of financial assets including pensions, provident funds, study funds, bank balances, deposits, mortgages, loans, real estate properties (both domestic and international), cryptocurrencies, and alternative investments.
How does Moneytor ensure the security and privacy of financial data?
Moneytor prioritizes data privacy and security, operating under strict standards. It is registered as a data repository with the Ministry of Justice (No. 700067288), authorized by the Bank of Israel for credit data access (No. 10401906), and holds a financial information service provider license from the Israel Securities Authority (No. 516286390) for bank connections. User data is never shared without explicit permission and can be deleted upon request.
Can Moneytor connect to my bank accounts and automatically update my financial information?
Yes, with a Premium subscription, Moneytor can connect to all banks via an open banking license. This allows for automatic synchronization of balances, deposits, loans, mortgages, and securities, as well as analysis of cash flow. The Basic (free) plan supports manual entry of assets and liabilities.
What specific insights does Moneytor provide to help improve financial management?
Moneytor analyzes your portfolio to offer insights on reducing management fees, eliminating unnecessary commissions, optimizing asset allocation, and assessing risks. It also identifies relevant investment opportunities and provides updates on market changes to help users make informed financial decisions.
Does Moneytor support tracking of international real estate assets?
Yes, Moneytor's smart system can analyze real estate assets, including those in the UK, and automatically update their value. It also provides insights to improve the performance of these properties.
Is there a family plan available for Moneytor?
Yes, the Moneytor Premium subscription includes a family plan at no additional cost, allowing family members to manage their finances together within the platform.