Frequently Asked Questions

No! Everyone, regardless of how much money they have or don't have can benefit from Aila. Aila can help you make your best financial decisions at any income level.

For Aila Expert, you would typically have some form of cash to either invest or already invested or be looking to make some big money decisions, like buying a home. 

Aila plans to use open banking technology to pull together a holistic overview of your finances. Aila then analyses your money behaviours and prompts you to take small actions, to course correct.  We call these prompts. They may be focused on how you manage your budget, how you save, your investment portfolio. 

Aila's beta version depends entirely on the information you provide us. 

Aila Expert lets you speak to a financial coach (who is often also an accredited financial planner)  to talk through the tougher side of money. You can choose how many coaching sessions you want and what themes are relevant to you.

Similarly, Aila Expert connects you with regulated advisors, mortgage brokers, tax accountants or the link to help you with specific financial questions. 

Aila's prompts focus on several things related to budget, debt, saving and investment. They will be tailored to you, your spending, your money, your risk. 

Not yet, unfortunately. We know it would make life so much easier. We'll let you know as soon as this changes though. Promise. 

Aila provides financial guidance, so Aila is not regulated to provide you with financial advice. Rather, Aila gives you small prompts which you are responsible to action. These are not and should not be construed as advice. 

The wealth managers and other partners you might be introduced to through Aila Expert are regulated. That we make sure of. 

When we access your financial data through open banking, we will be regulated. 

No. All your money stays with your existing provider(s). Aila merely pulls in the information of amounts and transactions from them and then gives you nudges about your money habits.  

Nothing. Aila is free for everyone to start using. To unlock all features of the beta version, a small price is charged. If you choose to proceed with a coach,  then you have to pay per use.

To unlock the entire beta journey, we charge a small, one off fee. This is shared with you as soon as you sign up. 

We keep it safe. Your data is yours. We promise never to share your data with an external provider unless we have your specific consent. We do you anonymised data to better understand what kind of prompts might be helpful or relevant to you and people like you.