Fi Money, a Bengaluru-based fintech platform backed by Peak XV and Temasek, has launched a new AI-powered feature called “Talk to AI” that allows users in India to securely connect their financial data with ChatGPT, Gemini, and Claude. The integration enables real-time, personalized insights on spending, savings, and investments using Fi’s Model Context Protocol (MCP).
Fi Money, a Bengaluru-based neo-banking platform founded in 2019, has rolled out a new feature called “Talk to AI” that lets users securely connect their financial data to AI assistants such as ChatGPT and Gemini. The feature uses the company’s proprietary Model Context Protocol (MCP) to deliver real-time, personalized insights into a user’s financial life — from budgeting to investments.
Fi’s new tool allows its over 3.5 million users across India to stream or export structured financial data — including savings accounts, mutual funds, loans, insurance, EPF, and stock portfolios — directly to supported AI platforms. This makes it possible for users to ask specific questions about their personal finances and receive AI-generated answers backed by actual numbers.
The system is designed with data privacy in mind. Personally identifiable information like PAN numbers and voter ID details are removed before data is transferred to AI tools. Additionally, two-factor authentication is mandatory when setting up the MCP connection, and periodic re-authentication ensures controlled access.
“Talk to AI” is built to eliminate guesswork and manual entry of data, which users previously had to rely on when using AI for financial advice. Instead, Fi’s MCP architecture structures and sanitizes data, helping reduce AI response inaccuracies. Fi has reported internal test results showing significantly lower hallucination rates due to this preprocessing.
Currently, the feature is read-only, but the company may consider enabling transactional capabilities in the future, depending on regulatory permissions.
Fi’s founders, Sujith Narayanan and Sumit Gwalani — both former Google Pay (Tez) executives — built the platform to offer savings accounts, mutual fund investments, credit cards, instant loans, and US stock access in collaboration with regulated banking partners.
The new AI feature is available to all Fi users via its mobile app. Developers can also independently access the MCP integration with compatible AI tools.
With over ₹10,000 crore in tracked user assets, Fi is positioning itself at the forefront of AI-enabled personal finance in India. The platform no longer requires users to open a savings account to access core features, including AI-based insights — opening the door to a broader user base seeking data-driven financial clarity.
