Spendee
Spendee is a Prague-based mobile personal finance app that lets consumers aggregate bank accounts, wallets, and crypto holdings to track budgets and shared expenses via a freemium subscription model serving users in roughly fifty countries.
- Company typePrivate
- Founded2015
- HeadquartersPrague, Czechia
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What Spendee does
Spendee is a Prague-based, mobile-first personal finance application targeting individual consumers worldwide. Its product allows users to aggregate bank accounts, credit cards, e-wallets, and (since 2021) cryptocurrency wallets into a single dashboard, track spending and budgets, manage shared wallets with partners or family members, and analyze finances across multiple currencies. The platform operates on a freemium model: a free Basic tier plus paid Plus ($1.99/month) and Premium ($5.99/month) subscriptions, with a Lifetime Premium one-time purchase option. Hundreds of thousands of users across roughly fifty countries rely on the iOS and Android apps, with notable traction in LATAM, European, APAC, and MENA markets.
The underlying technology stack rests on partnerships with Salt Edge and Plaid for bank-data aggregation, providing connectivity to more than 2,500 financial institutions globally; Google Cloud Platform hosts the backend infrastructure. On top of this, Spendee applies machine learning to automatically categorize transactions (improving with user feedback) and has introduced AI-driven receipt scanning via Magic AI Scan. The company holds a PSD2 authorization in the Czech Republic, allowing licensed open-banking data access across the EU, and integrates third-party identity providers (Google, Apple, Facebook) for streamlined onboarding.
Commercially, Spendee monetizes primarily through subscription upgrades from the free tier and ancillary features such as multi-currency handling, shared wallets, advanced budgets, and AI-powered receipt capture. The go-to-market is product-led and mobile-first, distributed via the App Store and Google Play, with international app-store featuring and a 2017 Mobile UX Awards recognition supporting organic acquisition. The company was founded in 2015 and has remained operationally lean, with disclosed headcount in the 1–10 range and reported funding of approximately $550K total, including a 2017 seed round and a 2019 Grouport Ventures investment.
Spendee firmographics
Firmographics- Name
- Spendee
- Legal name
- SPENDEE a.s.
- Website
- https://spendee.com
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Spendee is a Prague-based mobile personal finance app that lets consumers aggregate bank accounts, wallets, and crypto holdings to track budgets and shared expenses via a freemium subscription model serving users in roughly fifty countries.
- Ownership category
- akta.pro rank
Spendee industry classification
Industry- Product category
- Personal Finance Management
- SIC
- Finance Services (6199)
- akta.pro primary industry
- Expense Tracking & Financial Dashboards (FSAGADAB)
Keywords
Where Spendee is headquartered
LocationHeadquarters
- HQ city
- Prague
- HQ country
- Czechia
- HQ region
- Europe
Offices1 record
Markets served
Spendee business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Marketing or Sales, Infrastructure, Operations
Revenue model
- Subscription Revenue - Spendee Plus: Monthly subscription at $1.99/month or annual at $14.99/year. Includes unlimited wallets, unlimited budgets, and shared wallets for family/group expense management.
- Subscription Revenue - Spendee Premium: Monthly subscription at $5.99/month or annual at $35.99/year. Includes all Plus features plus bank account connection, E-wallet/crypto wallet sync, and automatic transaction categorization.
- Lifetime Premium Purchase: One-time lifetime purchase available in App Store and Google Play. Includes all Premium features permanently plus future feature releases.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free basic tier with limited features |
| Subscription | Monthly | Plus tier for shared finance management |
| Subscription | Monthly | Premium tier with bank sync and AI features |
| One time/ perpetual license | Pay-as-you-go | Lifetime Premium one-time purchase |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels6 records
Spendee product offering
Product offeringCore offering
Spendee is a personal finance management platform offered as a mobile and web app for tracking expenses, incomes, and budgets across multiple wallet types (cash, bank accounts, E-wallets, and crypto wallets). It provides automatic bank transaction import and categorization, shared wallets for couples/families/roommates, multi-currency support for travelers, and an AI receipt scanning feature. The product is sold under a freemium model with Plus and Premium monthly/annual subscriptions and a one-time Lifetime Premium purchase.
Product overview
Spendee is a personal finance management platform organized as a tiered freemium model with a free Basic tier and two paid subscriptions (Plus and Premium). The core product provides expense tracking, income management, and budgeting tools across mobile (iOS/Android) and web platforms. Users can manually track cash expenses or connect bank accounts via PSD2-compliant integrations. Premium features include bank synchronization (2500+ providers), crypto wallet tracking, automatic transaction categorization using ML, and shared wallets for collaborative finance management. Plus adds unlimited wallets/budgets and shared wallet access. A Lifetime Premium one-time purchase option is also available. The platform integrates with Google, Facebook, and Apple for authentication.
Differentiator
Problem solved
Functional benefit
Products and services
- Spendee Basic (Free) Free tier of the Spendee personal finance app providing expense and income tracking with one cash wallet, one budget, data backup and sync, import/export of transactions, and a detailed financial overview for individual users.
- Spendee Plus Paid subscription tier of the Spendee app at $1.99/month or $14.99/year that adds unlimited wallets, unlimited budgets, and shared wallets for managing family or group finances; targeted at individual consumers.
- Spendee Premium Premium subscription of the Spendee app at $5.99/month or $35.99/year that includes all Plus features plus bank account synchronization across 2500+ providers, E-wallet and crypto wallet connections, automatic transaction import and ML-based categorization, and unlimited shared wallets; targeted at individual consumers.
- Spendee Lifetime Premium One-time in-app purchase option that grants permanent access to all Spendee Premium features (bank connection, shared wallets, unlimited wallets/budgets, AI categorization) and all future feature releases, sold via the Apple App Store and Google Play Store.
- Spendee Web App Browser-based Spendee dashboard at app.spendee.com that lets any account holder perform bulk transaction editing, CSV/XLS import, advanced filtering, and detailed analysis, syncing with the iOS and Android Spendee mobile apps.
Quantifiable outcome
- Users develop healthier spending habits through better visibility into expenses
- +1 more outcomes
Companies that use Spendee
Customer profileNamed customers4 records
Segments3 records
Ideal customer profiles3 records
Spendee technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration5 records
AI capability3 records
Feature6 records
Spendee partnerships and signals
Strategic signalPartnerships
Three partnerships are on record, tiered core.
- Salt Edge Inc.coreSalt Edge provides bank connection infrastructure enabling Spendee to connect to 2500+ financial institutions worldwide. They handle credential storage in encrypted format and provide the API layer for transaction fetching.
- Plaid Inc.corePlaid provides additional bank connection infrastructure as an alternative to Salt Edge. Enables secure read-only access to bank accounts for transaction import.
- Google Cloud PlatformcoreGoogle Cloud Platform hosts Spendee's servers and infrastructure. Meets strict security compliance policies for data protection.
Scale indicators5 records
Recent moves6 records
Expansion highlights6 records
Spendee competitors and assessment
Company assessmentDirect peers
- Goodbudget: Envelope-style budgeting app with bank sync available on paid tiers. Comparable freemium consumer PFM product targeting budget-conscious households.
- Mint (Intuit): Long-standing consumer PFM app (now folded into Credit Karma under Intuit) offering expense tracking, budgeting, and bank aggregation. Directly comparable in product category, target consumer, and freemium subscription model.
- Rocket Money (formerly Truebill): Subscription-based personal finance app focused on budgeting, subscription cancellation, and bill negotiation. Closely comparable consumer PFM category and bank-sync-driven monetization.
- Monarch Money: Subscription-based PFM app with bank sync, customizable categories, and collaborative budgeting. Directly comparable product, target customer, and premium-only bank sync approach.
- YNAB (You Need A Budget): Subscription-based budgeting app with bank sync and zero-based budgeting methodology. Comparable consumer PFM target and premium subscription model, differentiated by methodology emphasis.
- PocketGuard: Freemium PFM app with bank connection, automatic categorization, and budget tracking. Directly comparable in product category, freemium model, and target consumer.
- Honeydue: Couples-focused PFM app with shared budgets, bill tracking, and bank sync. Closely comparable to Spendee's shared wallets feature for couples managing joint finances.
- Wally: Consumer PFM app with multi-currency support, manual and bank-based expense tracking, and budgeting. Directly comparable in product scope and global personal-finance positioning.
Broad incumbents
- Empower (Personal Capital): Personal Capital (rebranded as Empower Personal Dashboard) offers free PFM and wealth-tracking tools with bank aggregation, sitting inside a broader retirement/wealth platform. Overlapping in PFM functionality with a much larger wealth-management portfolio.
Regional players
- Buddy: European-headquartered personal finance and shared-bills app with bank aggregation. Comparable PFM product with stronger regional focus on European banking integrations.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
Spendee social profiles
Digital presenceSpendee compliance and trust
Trust signalCompliance2 records
Spendee financial estimates
Financial estimateRevenue estimate
Valuation estimate
Spendee leadership team
Management profileNumber of profiles
Profiles3 records
Spendee funding detail
Funding detailFunding overview
Funding rounds3 records
Investors2 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Spendee M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Spendee
What does Spendee do?
Spendee is a personal finance management platform offered as a mobile and web app for tracking expenses, incomes, and budgets across multiple wallet types (cash, bank accounts, E-wallets, and crypto wallets). It provides automatic bank transaction import and categorization, shared wallets for couples/families/roommates, multi-currency support for travelers, and an AI receipt scanning feature. The product is sold under a freemium model with Plus and Premium monthly/annual subscriptions and a one-time Lifetime Premium purchase.
Is Spendee a public or private company?
Spendee is a private company. It is classified as venture growth investor backed and is currently operating.
When was Spendee founded?
Spendee was founded in 2015. It employs 1 to 10 people.
Where is Spendee based?
Spendee is headquartered in Prague, Czechia, in the Europe region.
How does Spendee make money?
Three revenue lines are on record. Subscription Revenue - Spendee Plus are the primary driver. The others are subscription Revenue - Spendee Premium and lifetime Premium Purchase.
Who are Spendee's main competitors?
Direct peers on record are Goodbudget, Mint (Intuit), Rocket Money (formerly Truebill), Monarch Money, YNAB (You Need A Budget), PocketGuard, Honeydue and Wally. Empower (Personal Capital) is listed as a broad incumbent. Buddy is listed as a regional player.
Does Spendee have an API?
No public API is recorded for Spendee.
What industry is Spendee in?
Spendee's product category is Personal Finance Management. Its primary akta.pro industry code is FSAGADAB, Expense Tracking & Financial Dashboards. Its SIC code is 6199.