Price:Free or up to $2.99 a month for premium features.
At a Glance:
- Automatic Sorting
- Automatically Tracks Spending
- Group Multiple Accounts Together
- Link to Bank
Use it if: You want a sleek budget app and are tired of all of these budget apps that are too US-centric. Unlike so many other budget apps, Spendee supports every currency. It also allows you to track your transactions and plan a budget, and if you pay for the premium version, it can link to your bank and track and categorize your transactions automatically.
OppLoans: What benefits does the Spendee app provide your users?
Michael: Spendee makes managing your personal finances easy and effortless. It helps our users not only save their money but also their time, so they can focus on what really matters in their life. Spendee lets everyone see their finance flow from different bank accounts, credit cards providers and cash payments in one place, accessible on the go and in one click.
With all your money in one place, Spendee helps you analyze your cash flow and setup budgets for categories to spend less. Then, Spendee helps you to stick to these budgets and actually save money.
OppLoans: What features are you most proud of?
Michal: My all-time favorite feature is definitely the budgets as it really helps our users save money. During our research and interviews with our users, we’ve talked to many people who achieved amazing things using Spendee budgets. Many of them climbed out of debt or saved up for their own car or even a flat.
My second favorite feature is the All Wallets Overview, which enables our users to see all their money in one place making money management much easier and less time-consuming.
And I have to also mention our web app, which has more analytics and filtering options, is helping users to understand their finances much better.
OppLoans: What’s the story behind the creation of Spendee?
Michal: Spendee started as a small side-project of one of its co-founders. He was traveling a lot and needed some simple yet powerful tool to help him manage his money on the go. In that time, there weren’t many apps with the easy to use and beautiful interface in the App Store. Therefore, he decided to make one by himself.
Spendee’s main benefit should be a strong user-centred approach with a focus on the user experience. A few days after the release, it turned out to be a great choice and Spendee immediately became one of the best selling apps in its category, frequently promoted by Apple. It is amazing to see what started as a simple expense tracker for a small group of people has grown into personal finance app that brings beauty to finance of hundreds of thousands users from almost every country in the world.
OppLoans: Are there any upcoming features or releases you’d like our readers to be aware of?
Michal: At the beginning of 2018, we introduced the new All Wallets Overview which helps our users see all their money in one place and makes their money management much easier. No matter whether it’s their bank account, PayPal, Crypto Wallet, or cash expenses.
We’ve gotten a great response and many ideas from our users on how to make the app even more useful. One of the most common requests is an easier way to transfer money between different wallets or accounts. We’re working on this feature right now. Another common request was to make a budgeting feature which would help you to budget for all your accounts together. We’re planning to release this feature in the second quarter of 2018.
We’re also going to continue to add new banks to Spendee. Thanks to the PSD2 legislation, we will be able to connect every European bank using their public API directly. That means more comfort for our users and more precise automatic categorization.