Envel is a Harvard founded and MIT backed FinTech startup headquartered in Boston, MA. Envel has engineered the first-ever AI based autonomous FinTech app and is currently live and growing very fast. Envel is a digital bank account with the tried-and-true money envelope budgeting system. It’s free to use, and users have access to their cash at thousands of surcharge-free ATMs. But for a digital bank account, it’s still missing key features, like mobile check deposits. Users need to temporarily link an envelope before each transaction on the Envel app, which can be a bit of a hassle and difficult to remember.
Monthly Maintenance Fee
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Your app led me to believe something was wrong when it went from PENDING to asking me to re-upload my ID using a completely different interface. I totally got the wrong idea and thought I was being thrown into an endless loop submission and denial. I may have jumped to conclusions a bit too early. Thanks!
Finscanner is an independent digital platform aiming to provide up-to-date access to worldwide financial services to improve customer experience and boost transactions.
On this page, you can see a detailed review of Envel Banks with reviews from real users and our experts. Envel provides the following services: Asset Management, Card Programs, Card providers, Cash deposit, Cash withdrawal, Debit cards, P2P, Safeguarding/Custiodian Accounts, Savings Account, Wallets, Wire Transfer Acceptance.
At the moment, Envel rating on Finscanner is 3.8 and on Trustpilot is 3.7.