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FeeBelly fine print financial contracts

January 5, 2020
by
TechCrunch
YouTube video player
FeeBelly fine print financial contracts

TL;DR

See Belly is an app that uses AI and OCR technology to detect hidden fees and fine print in various documents.

Transcript

see belly is a fine print detector so basically any hidden fees hidden terms costly details bird in any agreement contract this this up will catch it for you I love it fine print is the failing of our society in my opinion all sorts of bad things happen cuz you haven't noticed the fine print how are you guys doing it well we basically hire the peop... Read More

Key Insights

  • 👣 See Belly's AI and OCR technology revolutionizes the way hidden fees and fine print are detected in agreements and contracts.
  • 😀 The app categorizes hidden fees and terms by document type for easy searching and comparison.
  • 👤 See Belly plans to implement machine learning and AI in the future to further enhance the user experience.
  • ❓ The company is currently bootstrapped and values their independence.

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Questions & Answers

Q: How does See Belly uncover hidden fees and fine print?

See Belly hires people to analyze and categorize documents, extracting keywords and hidden fees. Users can search for specific keywords in different document types to uncover buried fees and terms.

Q: Can the app compare fees charged by different banks or credit card companies?

Yes, See Belly has a compare feature that allows users to select and compare specific fees, such as prepayment fees, charged by different banks or credit card companies.

Q: Does See Belly use automated processes?

Yes, See Belly uses OCR technology to automate the process of extracting keywords and analyzing documents. Users can simply take a picture of the document and upload it to the app.

Q: Do they have any funding?

No, See Belly is currently bootstrapped and prefers to maintain independence. They have not sought external funding.

Summary & Key Takeaways

  • See Belly uses AI and OCR technology to uncover hidden fees and fine print in agreements and contracts.

  • The app categorizes the hidden fees and terms by document type, such as credit cards, checking accounts, savings accounts, and investments.

  • Users can search for keywords in specific document types to find buried fees and terms, and even compare different fees charged by different banks or credit card companies.


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