Dyme introduces an application that enables consumers to take complete control over their recurring expenses. Users connect their bank account, and Dyme uses machine learning techniques to detect their recurring expenses. Thereafter, users can switch or cancel subscriptions with a single click. There is currently no application that provides a complete overview of all recurring expenses and provides its users an instant mechanism to act on this information. Dyme offers a solution that is both innovative and convenient and accessible for all Europeans.

Dyme utilizes the Payment Services Directive 2 (PSD2), that takes effect in 2019. This directive enables European consumers to grant third-party services access to their banking data. Another important development, is that 61% of all Europeans are willing to share financial data, indicating a shift in the perception of financial privacy (Accenture, 2017). With subscriptions taking an increasing portion of the consumer budget, and over...
Dyme introduces an application that enables consumers to take complete control over their recurring expenses. Users connect their bank account, and Dyme uses machine learning techniques to detect their recurring expenses. Thereafter, users can switch or cancel subscriptions with a single click. There is currently no application that provides a complete overview of all recurring expenses and provides its users an instant mechanism to act on this information. Dyme offers a solution that is both innovative and convenient and accessible for all Europeans.

Dyme utilizes the Payment Services Directive 2 (PSD2), that takes effect in 2019. This directive enables European consumers to grant third-party services access to their banking data. Another important development, is that 61% of all Europeans are willing to share financial data, indicating a shift in the perception of financial privacy (Accenture, 2017). With subscriptions taking an increasing portion of the consumer budget, and over 183 million Europeans willing to share financial data, Dyme addresses a large - and growing - market.
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