Financial Awareness for Caregiving Families

You feel guilty looking. You feel anxious not looking.

CoveyFi gives adult children quiet visibility into a parent's finances, so nothing falls through the cracks.

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Read-only access. Your parent connects their own accounts. You see what changes, not everything.

01

Connect your parent's accounts

Secure, consent-based connections through Plaid. Your parent authorizes every link. No shared passwords, no stored credentials.

02

The AI learns what normal looks like

CoveyFi builds a picture of your parent's regular patterns: recurring bills, spending habits, income timing. No action required. It just learns what to expect.

03

Step in only when it matters

CoveyFi is quiet by default. You hear from it when something looks off: an unusual charge, a missed bill, a pattern worth knowing about.


The Problem

Millions of families are flying blind

63 million Americans are family caregivers, and nearly 4 in 10 manage finances for an aging parent. Most do it with no tools, no training, and no real visibility into what's actually happening.

$28.3B
Lost to elder financial exploitation every year
Scams, fraud, and theft targeting older adults, and most of it goes undetected until the damage is done. The average victim loses $120,000 before anyone notices.
AARP, 2025
Americans over 65 have been financially exploited
Only 1 in 24 cases is ever reported. The vast majority of exploitation stays hidden from the people who could help, until it's too late.
NCOA / Investment Company Institute
39%
Of caregivers manage a parent's finances
Budgeting, paying bills, watching for fraud, with no purpose-built tools. Most rely on spreadsheets, shared logins, or nothing at all.
Pew Research Center, 2025

Caregiving is a full-time job on top of a full-time job

The average caregiver spends 27 hours a week providing care. Nearly half report negative financial impacts: draining savings, taking on debt, delaying retirement. And only 11% have ever received any formal training for the financial responsibilities they've taken on.

63M
Americans are family caregivers, up 45% since 2015
27 hrs
Average weekly time spent providing care
$120K
Average loss per victim of elder financial exploitation
11%
Of caregivers received any formal financial training

What CoveyFi Does

Awareness without taking anything away from them

CoveyFi connects to your parent's accounts, securely and with their consent, and gives you a clear picture of their financial health. No shared passwords. No guesswork. No feeling like you're crossing a line.

Secure Bank Connections

Bank-grade connections through Plaid. No shared logins, no passwords stored. Accounts link in seconds, and your parent stays in control of what's shared.

Catches Problems Early

AI-powered awareness surfaces unusual transactions, missed recurring payments, and changes in spending patterns, so you find out before the damage is done, not after.

Clear When It Matters

When something surfaces, you have the context to understand it: the account, the pattern, what changed. Clear enough to act on. Quiet the rest of the time.

Built Around Consent, Not Control

Your parent authorizes every account connection. CoveyFi is read-only and requires their participation at every step. You get visibility. They keep their independence.

A smoke detector, not a security camera.

CoveyFi is quiet by default. You don't get a notification every time your parent buys groceries. You hear from it when something is worth knowing about: an unusual charge, a missed bill, a pattern that looks off.

That's the right kind of awareness. Present when it matters. Out of the way when it doesn't. Your parent keeps their privacy and their dignity. You get peace of mind that nothing is falling through the cracks.


See It In Action

Quiet by default. Clear when it counts.

When something changes in your parent's accounts, CoveyFi surfaces it with enough context to understand it and act on it. Here's what that looks like.

Catch problems early

Sarah gets a notification about an unusual spending pattern on her mom's account. She reviews it and resolves the concern in seconds, without a single phone call.


From the Blog

Guides for families who care

Practical, honest articles for adult children navigating the financial side of caring for an aging parent, without losing the relationship in the process.

The moment of realization

The Saturday morning problem: why managing a parent's finances takes over your weekend

Read article
The dignity question

Is it okay to look at your parent's bank account? A caregiver's honest guide

Read article
Fraud & errors

The slow leak: how elder financial exploitation happens quietly, not all at once

Read article
View all articles

Nothing falling through the cracks. That's the goal.

CoveyFi is launching soon. Get early access and help shape the product.

Read-only access. Your parent connects their own accounts. You see what changes, not everything.

You're on the list. We'll be in touch soon.