THE BRIDGE

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With 1M people using her Zaim finance app, founder Takako Kansai has more plans ahead

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It has been a while since we checked in on Japanese personal finance app Zaim. So I was surprised and delighted to bump into the service’s creator Takako Kansai at an event in Osaka last week. In addition to being a mainstay app on my mobile, letting me scan my receipts and track my spending, Zaim also has one of the best founder stories ever, as Takako developed her app during her subway commute to and from work. She informed me that Zaim has recently surpassed one million downloads, and is expected to reach two million sometime next year. Takako says that their relationship with Cookpad, after raising 42 million yen from the company, is “very good”. She adds that when you use Zaim to scan a receipt with your mobile, the supermarket information is saved to their database. But they can also connect to the Cookpad database, and get more information from there to serve their users as well. In this way, users are provided special bargains or promotions about local supermarkets via Cookpad’s bargain search service. When I asked what the next step is for Zaim, Takako could only say that it was a secret. So we know…

It has been a while since we checked in on Japanese personal finance app Zaim. So I was surprised and delighted to bump into the service’s creator Takako Kansai at an event in Osaka last week. In addition to being a mainstay app on my mobile, letting me scan my receipts and track my spending, Zaim also has one of the best founder stories ever, as Takako developed her app during her subway commute to and from work.

She informed me that Zaim has recently surpassed one million downloads, and is expected to reach two million sometime next year. Takako says that their relationship with Cookpad, after raising 42 million yen from the company, is “very good”. She adds that when you use Zaim to scan a receipt with your mobile, the supermarket information is saved to their database. But they can also connect to the Cookpad database, and get more information from there to serve their users as well. In this way, users are provided special bargains or promotions about local supermarkets via Cookpad’s bargain search service.

When I asked what the next step is for Zaim, Takako could only say that it was a secret. So we know there’s something, although it’s hard to guess what that might be. So far the app has been focused on slow incremental improvements, but thankfully it has managed to retain the simplicity and ease-of-use that made it strong to start with. Given Zaim’s continued focus on the user, I expect that any upcoming new features will make it easier to use, and help solidify it’s foothold as one of Japan’s dominant finance apps.

You can check out our short interview with Takako in the video above. And if you have yet to check out Zaim, you can get it for iOS, Android, and on the web.

zaim-lead
Zaim’s web interface

Japanese personal budget app Zaim now features local supermarket bargains

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See the original story in Japanese. After Zaim officially released its household accounting app back in 2011, it has gone on to partner with Japan’s largest recipe sharing community Cookpad, raising 42 million yen (approximately $420,000) from the company. They’ve also added an OCR feature to the app back in April, so users can record their expenses by taking pictures of their receipts. The startup will continue to work closely with Cookpad, as it has recently announced the Zaim app will integrate app with a specific Cookpad service to provide users with bargain updates from their local supermarkets. This bargain search service was launched back in February on Cookpad, and is currently serving about 500,000 users. It allows supermarket clerks to feature certain merchandise in a more quick and efficient manner than traditional hand-delivered fliers. In addition to monetizable streams like analyzing user data, the startup is likely to expand business by driving user traffic towards real purchase opportunities. According to a survey that Cookpad conducted back in July of 2012, 37% of its user base no longer subscribes to any newspaper, meaning they won’t see such supermarket fliers. Also operating in this space is a service from Toppan Printing…

zaim

See the original story in Japanese.

After Zaim officially released its household accounting app back in 2011, it has gone on to partner with Japan’s largest recipe sharing community Cookpad, raising 42 million yen (approximately $420,000) from the company. They’ve also added an OCR feature to the app back in April, so users can record their expenses by taking pictures of their receipts.

The startup will continue to work closely with Cookpad, as it has recently announced the Zaim app will integrate app with a specific Cookpad service to provide users with bargain updates from their local supermarkets. This bargain search service was launched back in February on Cookpad, and is currently serving about 500,000 users. It allows supermarket clerks to feature certain merchandise in a more quick and efficient manner than traditional hand-delivered fliers.

In addition to monetizable streams like analyzing user data, the startup is likely to expand business by driving user traffic towards real purchase opportunities. According to a survey that Cookpad conducted back in July of 2012, 37% of its user base no longer subscribes to any newspaper, meaning they won’t see such supermarket fliers.

Also operating in this space is a service from Toppan Printing called Shufoo, which allows households to check the latest supermarket discounts online. The service is provided in partnership with NTT Broadband Platform using their WiFi access points, typically located at railway stations in urban areas.

zaim-cookpad

 

Japanese finance app Zaim rolls out slick web version, updates Android app with OCR

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Read our Japanese article on Zaim’s new web interface Last week we mentioned that Japanese personal finance application Zaim had added OCR to its repertoire, allowing users to quickly scan receipts with their smartphone camera. And today that function has been added to the Zaim Android app as well. Today but my colleague Junya also noticed today that the web version of the Zaim service has finally dropped, with a pretty gorgeous interface. The main page gives you a general overview of your spending, showing totals for the current month, week, and day. There’s also a slick category breakdown of expenditures, plus a list of recent purchases in the sidebar. And while most people will use the smartphone apps for inputing purchases, the web version now also allows for purchase input as well. There is also a ‘history’ tab where you can get an more extensive look at recent purchases, as well as a ‘totals’ tab where you can view graphical and tabular summaries of spending. Currently this web version is only available in Japanese, although I would hope that like their apps that it becomes available in English later as well. There is no shortage of finance management options…

zaim-lead
Zaim’s new web interface

Read our Japanese article on Zaim’s new web interface

Last week we mentioned that Japanese personal finance application Zaim had added OCR to its repertoire, allowing users to quickly scan receipts with their smartphone camera. And today that function has been added to the Zaim Android app as well.

Today but my colleague Junya also noticed today that the web version of the Zaim service has finally dropped, with a pretty gorgeous interface. The main page gives you a general overview of your spending, showing totals for the current month, week, and day. There’s also a slick category breakdown of expenditures, plus a list of recent purchases in the sidebar. And while most people will use the smartphone apps for inputing purchases, the web version now also allows for purchase input as well.

zaim-calendar
Zaim web version, calendar view

There is also a ‘history’ tab where you can get an more extensive look at recent purchases, as well as a ‘totals’ tab where you can view graphical and tabular summaries of spending.

Currently this web version is only available in Japanese, although I would hope that like their apps that it becomes available in English later as well.

There is no shortage of finance management options in Japan. We also recently featured Moneytree, another handy app that helps you track your expenditures by importing bank and credit card billing updates.

Zaim: If you live in Japan and you buy things, you need this app

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[See our Japanese article on Zaim’s update] Japanese personal finance application Zaim has today pushed out a new update to its iOS app that gives it one very exciting and powerful feature. For users here in Japan, the app now has convenient OCR functionality which enables you to record and categorize your purchases simply by taking photos of your receipts. For a quick demo of how it works, check out the video above. On the Zaim blog, they boast an average recognition rate of 96% for this new OCR feature. The app will also collect data about the name of the store too, so you’ll have a record of where you’ve made your purchases. This is especially handy considering that the web version of Zaim lets you download your data in CSV format (see right), which you can then bring into your preferred spreadsheet software. For now, it’s just the iOS version of Zaim that has the OCR function, but Android users can look forward getting this soon as well. I’ve been a big fan of the Zaim app for a long time. It was developed by Tokyo-based entrepreneur and programmer Takako Kansai, who – as legend has it –…

[See our Japanese article on Zaim’s update]

Japanese personal finance application Zaim has today pushed out a new update to its iOS app that gives it one very exciting and powerful feature. For users here in Japan, the app now has convenient OCR functionality which enables you to record and categorize your purchases simply by taking photos of your receipts. For a quick demo of how it works, check out the video above.

Zaim, export data as CSV
Zaim, export data as CSV

On the Zaim blog, they boast an average recognition rate of 96% for this new OCR feature. The app will also collect data about the name of the store too, so you’ll have a record of where you’ve made your purchases. This is especially handy considering that the web version of Zaim lets you download your data in CSV format (see right), which you can then bring into your preferred spreadsheet software.

For now, it’s just the iOS version of Zaim that has the OCR function, but Android users can look forward getting this soon as well.

I’ve been a big fan of the Zaim app for a long time. It was developed by Tokyo-based entrepreneur and programmer Takako Kansai, who – as legend has it – developed the app while on the train commuting to and from work.

zaim-ocr