Cleo chatbot comes to Facebook Messenger » Banking Technology

The rise of the chatbots continues as Cleo, a virtual money assistant described by its creators as the "Siri of personal finance," has launched on Facebook Messenger for users in the UK, reports Paybefore (Banking Technology's sister publication). The platform connects securely to bank and credit card accounts, enabling users to track spending, set budgets and receive reminders and alerts via text or voice commands. Along with Facebook Messenger, Cleo also is available as a standalone app or through integration with Amazon's Alexa and Google Home. The Facebook Messenger integration is a major step forward for Cleo, which was founded in 2016 and thus far has received $700,000 in funding from angel investors, including Skype founder Niklas Zennström. Currently, Cleo is only available in the UK, but the company is planning expansion into additional markets soon.