Fintech company Cleo, known for its AI-powered budgeting app, has launched Cleo 3.0, a new version featuring an 'AI money coach.' This update includes voice interaction, long-term memory, and improved reasoning, enabling users to have real-time conversations with Cleo for personalized financial guidance. According to CEO Barney Hussey-Yeo, Cleo 3.0 is designed to feel less like a chatbot and more like a personal financial advisor, remembering user goals and habits to deliver tailored advice previously accessible only to high-net-worth individuals. The company aims to democratize financial advice through this advanced AI technology.