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Need help with your finances? There's a Libro app for that

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Managing money can be a daunting task. But Libro Credit Union — the largest credit union in Southwestern Ontario — is looking to help.

The London-based company is launching a new money management app, Yooli, “to help people take control and improve their financial wellness by using data-driven technology,” Libro said in a statement Wednesday.

The app, made in partnership with MX, a connectivity and data enhancement platform, features a financial health score tool and roadmap for each user, and offers alerts and guidance for things such as saving money and duplicate subscriptions and transactions.

The app is supported by feedback from Libro customers testing the beta version. Signups for the beta rollout amounted to more than 2,000, the company said.

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