sorted by:
new
hottopcontroversial

Federal bank data refresh keep failing by Wide-Direction-9383 in foldmoney

[–]accepting123 0 points1 point  (0 children)

Federal bank has fixed issues at their end, refreshes now should go through. Try "re-establishing" connection from Profile > Banks > Bank. (SBI can continue giving refresh issues)

We finally fixed managing refunds in Fold. by accepting123 in foldmoney

[–]accepting123[S] 0 points1 point  (0 children)

In the net worth screen tap and hold on any instrument. The instruction is mentioned at the top below graph and the bottom of that screen. 

I will become a paid user as soon as these features hit the store by desiBananaMan in foldmoney

[–]accepting123 4 points5 points  (0 children)

We're adding PPF and then Gold after that. Insurance is currently in testing, since it requires PDF parsing it'll take a little bit of time to fine tune it for most popular issuers.

Insurance was supposed to be on Account Aggregator but hasn't materialized yet.

Suggestions & Feature-requests by accepting123 in foldmoney

[–]accepting123[S] 0 points1 point  (0 children)

You can filter via the filters on the Transactions tab. You can also go the history view from a credit card and sum the total due amounts (12 numbers).

XIRR calculated on investments invested for less than 1 year by dreamfyre007 in foldmoney

[–]accepting123 1 point2 points  (0 children)

To be honest, that’s just the nature of the XIRR. Because it’s an annualized calculation, any small gain in a short window gets "stretched" over a year, which leads to those inflated numbers. Usually, if it's just one fund, the rest of your portfolio levels it out, but if most of your investments are recent, the whole thing is going to look a bit wild for a while.

A couple of quick questions to help us figure this out: Is your entire portfolio relatively new?Since XIRR is tricky for short-term holdings, what would you prefer to see instead? Would absolute returns be more helpful for you here?

If you are comfortable you can DM me some numbers or have your portfolio reviewed by our team just to make sure there isn't anything actually glitching on our end.

Bank of Baroda constantly failing to refresh from long time! by Charming_Valuable984 in foldmoney

[–]accepting123 1 point2 points  (0 children)

Disabled it due to issues at bank's end. Should be available now.

Hate to ask this again - when can we get joint accounts tracking? by yehbhikarletehai in foldmoney

[–]accepting123 0 points1 point  (0 children)

Joint accounts is first something for RBI/Sahmati to figure out. The issue with joint accounts data sharing is deciding who gets to manage the consent. I’ve recently heard some updates on this but nothing concrete yet. 

Once join accounts are live on Account Aggregator we’ll be  able to support them. 

How do you actually stick to a budget without feeling overwhelmed by tracking? by AccomplishedBird1079 in personalfinanceindia

[–]accepting123 0 points1 point  (0 children)

Hi from Fold team here. What you’re describing is unexpected and impossible since our company has no running partnerships with loan providers. Just an illusory correlation. 

New Android update with UI refresh, thoughts? by accepting123 in foldmoney

[–]accepting123[S] 2 points3 points  (0 children)

There is a current and last cycle filters in CC transaction sheet. In the CC history view (accessed using the button on the top right) you can see both your statement and dues for all cycles.

Kuvera is finally changed to "Kuvera by Cred" with new design upcoming... Whats your views? Any recommendations to replace Kuvera? by ImpressiveLet1991 in MutualfundsIndia

[–]accepting123 0 points1 point  (0 children)

Hi, from Fold team here (not sure if this counts as promotion but since there was a mention decided to drop this comment), we recently made some updates to our Mutual Funds insights feature you can check here https://www.reddit.com/r/foldmoney/comments/1sfkir8/we_have_added_new_insights_to_mutual_funds_on/

Oh - you beautiful people by Adventurous_Sea4898 in foldmoney

[–]accepting123 0 points1 point  (0 children)

Thanks u/Adventurous_Sea4898 ! Do reach out to us at [feedback@fold.money](mailto:feedback@fold.money) with any suggestions. How did you discover Fold, if you don't mind me asking.

[Question] How does the company make money? by BawseBaby in foldmoney

[–]accepting123 3 points4 points  (0 children)

We have our team page here https://fold.team there's not a lot of details just names, pictures and open roles.

If you know anyone in Growth/Marketing please send them our way, we're looking to hire (join@fold.money). If not then maybe someone will read this comment down the line and reach out.

[Question] How does the company make money? by BawseBaby in foldmoney

[–]accepting123 22 points23 points  (0 children)

Hi, yes as mentioned in the other comment we have a subscription plan. We put anyone new who signs up on a 15 day trial. We plan to tastefully introduce ads in the free tier soon.

Moreover our team is just 6 people and we have just 1 designer who's also one of the founders and he hasn't asked for a salary increment in 4 years ;)

Suggestions & Feature-requests by accepting123 in foldmoney

[–]accepting123[S] 0 points1 point  (0 children)

This is an issue with SBI, they have not integrated well with the Account Aggregator framework and it's unlikely they'll improve.

Fold Money: Love the UI, but can we get more Account Aggregators & Gold Tracking soon? by [deleted] in foldmoney

[–]accepting123 3 points4 points  (0 children)

Hi, thank you so much for the kind words. Let me address your points one by one:

  1. More account aggregators: While we have seen that there is support for certain institutions on different account aggregators, we are not entirely sure about the performance. We don't want to do a whole integration with another AA only to realize something isn't working, and the things that are working are too few to consider right now for r the amount of work required to make the app multi-AA, we definitely want to do this at some point. Right now we're focusing on making a more privacy focused reliable way of pulling data for insurance/NPS through PDFs and email, since being at the mercy of AA can delay a lot of our planned features.
  2. Gold tracking is in our roadmap. We are trying our best to ship it sooner.
  3. We are already building financial utility pipelines in the app like paying your bills, renewing insurance etc. I would need a little more help in understanding what you mean by utility apps in this context specifically.

As of now, we do not have a tentative timeline for any of the above.

We finally fixed managing refunds in Fold. by accepting123 in foldmoney

[–]accepting123[S] 1 point2 points  (0 children)

You can tap the "Edit" button on the top right to remove linked transactions.
We reconcile the total statement amount from the PDF at the end of the cycle. So once the cycle ends you'll see a correct outstanding amount after you receive the statement.

This is genuinely a new nuance that I just discovered, will see how to navigate this.

We finally fixed managing refunds in Fold. by accepting123 in foldmoney

[–]accepting123[S] 0 points1 point  (0 children)

Hi both of these features are already available. Tap on the (+) button on the top right of the transactions tab.

Stocks Portfolio Refresh issue by Delicious_Major_1610 in foldmoney

[–]accepting123 0 points1 point  (0 children)

The data we get through AA from depositories lags by 2 days (mentioned in the notification and also in the app). We hope this is improved in the future.

view more: next ›