What if you could have a financial advisor available 24/7? One that learns your investment style, and is powered by AI – would you trust it with your money?
In this episode of Intelligent Unscripted, we talk to Kiran Nambiar, CEO and co-founder of MyFi, who's using AI to help everyday Indians make smarter investment decisions. After spending years at Morgan Stanley in New York, Kiran returned to India with a mission to solve a problem he'd observed for over a decade: The gap between sophisticated financial tools and everyday investors.
In this conversation, we explore:
How MyFi makes investing less intimidating by combining AI chat with solid financial expertise
The secret to making financial education stick (hint: it's not about boring lectures)
Their impressive early success: 1,800 users trusting MyFi with ₹500 crores in just 3 months
Behind the scenes: How they handle the tricky parts like privacy and bias in AI finance
The way MyFi uses India's digital public infrastructure to personalize financial advice
Why their approach to financial education is different from traditional methods
Kiran's take on why AI in finance might be bigger than we can imagine
Kiran shares candid thoughts about everything from market corrections to behavioral biases, and explains why having an AI advisor during market downturns might be exactly what investors need.