Current day 15th Aug 2023 roadmap/ Plan

Author : Sanjay phs

Tags: Blog , Planning

Introduction:

In the early stages of building "Finance for Humans", the focus is on laying the groundwork for the app's development and establishing a viable product roadmap. This article provides an overview of the current status of the project and outlines the ambitious plans for the coming weeks, including product documentation, fundraising, and the release of a demo app.

Current Status:

As of now, Finance for Humans is driven by a solo developer, Sanjay. The project is in its initial phase, and the primary focus is on design, development, and planning. The team consists solely of Sanjay at the moment, with dedication to both technical implementation and product conceptualization.

Ambitious Plan and Timeline:

a. Product Documentation and Planning:

By August 15th, 2023, the goal is to complete as much of the product documentation and planning as possible. This comprehensive documentation will outline the app's functionality, user experience, and technical requirements. Working diligently each day, the aim is to develop a solid foundation for future development.

b. Fundraising and Hiring:

By August 25th, Finance for Humans intends to start pitching the app idea to potential investors or angel investors with the target of raising around 30-35 lakhs. This investment will enable hiring a tech co-founder to share the development workload and allow Sanjay to focus on product management.

Release of Demo App:

Within the one-week timeline, the objective is to release a demo app and website to generate interest among potential users and investors. The demo app will have a visually appealing design and incorporate basic functionality.

Constrained Requirements for the App:

To expedite the initial development phase, the app will be built with a focus on specific requirements. These include:

a. Chat Feature: Users will be able to send messages to each other within the app.

b. AI Integration: A button press triggers the AI mechanism to generate personalized deals or recommendations.

c. Payment Integration: The capability to send money to an escrow account using UPI or Stripe API, accepting credit/debit cards.

d. Tamper-proof Financial Database: Building and maintaining a secure and tamper-proof database to track financial details for a virtual wallet.

e. Redistribution of Funds: Exploring the possibility of redistributing funds within the platform.

Seeking Investment:

Finance for Humans aims to attract investment from notable figures in the FinTech space, such as Kunal Shah, to secure funds for further development. This investment will allow the team to test and refine the idea for several months, fostering growth and progress.

Conclusion:

Finance for Humans is currently in its early stages, driven by the solo developer, Sanjay. With a determined plan and set goals, the project aims to complete substantial product documentation, start fundraising efforts, release a demo app, and secure additional talent in the coming weeks. By staying focused on the roadmap and addressing key functionalities, Finance for Humans strives to turn this ambitious vision into a thriving FinTech app.