Numbrs was founded in 2014 as a technology company in Switzerland. Learn more about our vision, our company, our technology, and values.
Our mission is to aggregate and neutrally analyse all financial information to help our users live a healthier financial life.
Made in Switzerland
Why your bank?
As an innovative technology company, Numbrs aims to develop the most modern and most productive business organisation in the software industry.
We invested in a suitable remote infrastructure at an early stage and are thus able to master risks and challenges such as COVID-19 efficiently and without interrupting our value chain.
Every area of our business such as technology, product development, design, marketing, support, or operations are now 100% contact-free, location-independent areas without additional complexity and can be expanded with global talent as needed.
From the modern company headquarters in Baar, a specially trained core team manages a worldwide network of international experts in the fields of data science, artificial intelligence, and software development.
All processes and software applications have been specially developed to meet the requirements of location-independent work and have been thoroughly tested by our experts before being implemented in our production.
By using the most advanced documentation technology, Numbrs is able to secure the know-how centrally and make it available to individual departments. This approach not only secures our knowledge, but also increases the efficiency and productivity of the departments.
Numbrs is not a bank. We do not sell banking products or data. That enables us to support the user in managing his finances – 100% neutral and bank independent. Without conflict of interest.
The entire company uncompromisingly strives for simplicity in all areas.
Privacy is a fundamental right. And data protection is a core value at Numbrs. Security and privacy are inseparable from Numbrs. The Numbrs business model is not based on the sale of data, but on a subscription model.
For a monthly or annual flat fee, our users can make full use of the Numbrs App and thus experience guaranteed data protection and 100% neutrality.
Made in Switzerland
Numbrs is a Swiss company. The company was founded in Switzerland in 2014. Our head office is located in Baar.
Neutrality, precision, reliability, and discretion are typical Swiss characteristics. As a Swiss company we feel committed to these values.
These Swiss characteristics are reflected in the way we work, as well as in the functions of the Numbrs app.
Numbrs is a technology company specialised in Artificial Intelligence (AI). Our focus is particularly in the areas of Deep Learning (DL), Machine Learning (ML), and Artificial Neural Networks (ANN).
Numbrs' proprietary Neural Engine, Neo for short, is one of the most advanced Artificial Intelligence technologies for analysing financial data and account transactions.
Neo's self-learning algorithms acquire and process 3,554 data points per account entry. Since the introduction of the Numbrs App in 2014, our smart algorithms have analysed 1,040,335,608,624 data points from more than 2,000,000 bank accounts (2020).
Numbrs Artificial Intelligence uses processed data sets (Big Data) to recognise patterns and develop solutions for our users. Examples for the use of Numbrs AI technology are the prediction of account balances, the detection of excessive interest of hidden charges, the categorisation of all transactions or credit viability checks.
At Numbrs, technology shall not be a mere theory, but should offer concrete benefits for all users. Our goal is to reduce the cost of banking for our users and help them live a healthier financial life.
Numbrs Personal Finance AG (Numbrs) was founded in 2014 as a technology company in Switzerland. In the same year the finance app of the same name was introduced in Germany. Since then, Numbrs has become one of the most used and best known financial apps in Germany. In the summer of 2020, Numbrs launched in Great Britain.
Since the foundation of the company, more than 60 renowned private investors have invested over CHF 175 million in Numbrs. Which makes the company one of the best financed and, with a valuation of over one billion Swiss francs, also one of the most valuable FinTechs in Europe.
Our shareholders include one of the world's largest sovereign wealth funds, Sir Ronald Cohen (founder of private equity and venture capital firm Apax Partners), Pierre Mirabaud (founding family of the private bank of the same name), Marius Nacht (founder of Check Point Software Technologies), and Sir Victor Blank (former CEO of Lloyds TBS).
In November 2015, Numbrs introduced its business model, the commission-based distribution of financial products of traditional banks and insurance companies. In Q4 of 2020, Numbrs made a conscious decision to change its previous business model and successfully introduced a fee-based subscription model in Germany and the UK.
Since then, Numbrs has been a 100% neutral company, with no conflict of interest.