Haido opens a UK waitlist for AI wealth chat
Haido, from Revolut alumni, has opened a UK waitlist for an AI wealth chat that puts sums in expert calculators, not the model. The firm is not FCA-authorised.
Haido has opened a UK waitlist for an AI wealth chat. Haido, which co-founder and chief executive Veronique Barbosa calls an acronym for "How am I doing?", is built to talk across accounts a customer already holds. The landing page calls it "your money brain, thinking through and updating everything you own and owe." The terms say the product is not live.
The site offers the top 1,000 people early access in early 2027, everyone else later that year, and one entry in a £1,000 draw. The waitlist terms, updated on November 4, 2026, say joining guarantees neither access nor a date. A Founding 1,000 place is early alpha "when it launches." Haido Technology Limited, company number 16192551, registered office in St Albans, states it is not authorised by the Financial Conduct Authority (FCA) and that nothing on the site is advice.
Who is building it
In a post on November 5, 2026, Barbosa says she was at Morgan Stanley, then employee four at Revolut. She left before her first vesting cliff to found Flux, which reached 1.3 million customers and was later liquidated, and then she joined Monzo. Tom Reay, the co-founder, is on the site as Revolut's first engineering hire. She told FinTech Futures on November 12, 2026 that Haido was founded in July 2026, the team is six, Reay is chief technology officer, and they are building globally from London, with colleagues from Revolut, Deliveroo, Monzo, Just Eat, Ocado and Expedia.
"Nobody should need hours in a spreadsheet, a finance degree or £200,000 to know what's going on with their money," she wrote. Named backers, with no cheque on the page, include Eileen Burbidge, a former HM Treasury special envoy for fintech; Chris Adelsbach; Elizabeth Chambers, of the Wise, AJ Bell and TSB boards; and Laurence Twelvetrees, Revolut's first head of risk.
Calculators, not the model
The homepage says a figure can be opened for the maths, the assumptions and the sources, and that numbers come from expert-built calculators, never from Haido's AI. Barbosa told FinTech Futures the same rule: "every figure comes from calculators and models built by experts, never from the AI itself."
Philippe, head of data and operations, wrote on November 11, 2026 that Haido means "not relying on quality disclaimers when it comes to people's money," "whilst also applying for UK regulatory authorisation in 2027." His post cites a Financial Times piece of September 18, 2026, which he says found general models wrong 57% of the time on personal-finance questions. FCA research published on August 27, 2026, of 666 UK adults aged 18 to 40 who own or are considering investments, found 56% trust AI tools more than television and radio, and 44% mistakenly believe AI-generated financial information is regulated. Lucy Castledine, the FCA's director of consumer investments, said users "need to understand how you're protected and continue to use your own judgement."
Who else is in the lane
Frank, reported by FinTech Futures on November 6, 2026, is building an account, wallets, a debit card, savings pots and a chat assistant, with 11 people, a £3 million raise and a cohort of 1,000. Chief executive Erica Katsambis said the assistant "will never do anything without your yes." Frank wants to hold the money. Haido wants to read money held elsewhere.
Decade, from former Nubank executives, came out with an $85 million seed and a human adviser beside the model. This desk covered it when Decade raised that seed for AI wealth advice. Haido has published no such cheque and no named adviser. Temenos acquired additiv for embedded wealth. Revolut's US bank charter is where the old employer spent permission. Neither Haido's pages nor that interview record a comment from Revolut or Monzo.
The filing is the launch
On October 19, 2026, Jessica Rusu, the FCA's chief data, information and intelligence officer, said only 40% of consumers correctly recognise that there is no recourse if something goes wrong after acting on advice from a general-purpose AI tool. An FCA press release on August 27, 2026 is plainer: general-purpose tools are not regulated, while a tool set up to give financial advice would likely fall inside the remit. Haido's terms say the site is not advice. The founders say they will apply in 2027 and stand behind the numbers.
One winner in the Founding 1,000 gets £1,000, paid to a savings or investment account in that person's name. If the FCA treats a chat that stands behind its figures as advice, the early-2027 names are not customers until permission exists. If Haido stays on the information side of that line, owning every number is a promise Consumer Duty does not yet enforce, because that duty binds authorised firms and Haido says it is not one.
Reporting by Rick Steves. Filed 12 November 2026, 08:33 GMT.
Senior Reporter, Regulation and Fintech
Rick Steves has seen business and economics through many lenses. He joined the financial services industry in 2009, and has been a financial journalist since 2011.
