Trim is a business-to-consumer (B2C) application that provides personalized recommendations for money management and savings by linking to a user’s bank account and analyzing spending patterns. The app includes features to automate savings, track and cancel unwanted subscriptions, and negotiate rates with service providers such as AT&T, Comcast, Time Warner, Verizon, etc. to avail the best possible rates for the customer. Trim supports bank accounts of more than 15,000 financial institutions in the US.
In 2019, the company acquired Debitize, which operates a platform to automate credit card bill payments, now a feature of Trim’s product.
Key customers and financials
As of August 2024, it reported that over 3 million people have used their platform.
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