Money Dashboard

We’ve launched a new app!

When we first launched Money Dashboard early last decade, things were a lot different than they are now. Microsoft had just launched Windows 8, Instagram launched the very first version of its Android app and Red Bull launched Felix Baumgartner down to earth from 24 miles up in the sky.

All this to say, the landscape in which Money Dashboard was operating was very different. Open banking was in its conception stage and technology companies were only just starting to move towards building apps that were mobile-first.

Fast forward to 2020, and we’re extremely proud that our apps have helped hundreds of thousands of people work towards their financial goals. We’ve had the pleasure of listening to countless success stories from those of you who have achieved your goals and more, through dedication to regular budgeting and being mindful of spending with Money Dashboard at your side.

That’s why we’re incredibly excited to be launching a brand new app. Our new app aims to refresh the things you love about Money Dashboard, and has been built from the ground up so that the technology that underpins it doesn’t rely on infrastructure that was created when we started out.

It is both a reflection of our mission to help millions of people master their money and the vehicle through which we will execute on that ambition. It will enable us to build new features and products that make Money Dashboard indispensable to you and do so much faster than ever before. It incorporates much of what we’ve learned from you over the past 10 years, and will enable us to continue serving you for many more to come.

We are currently inviting people who are new to Money Dashboard to get started with the new app on the App Store or Google Play today. Existing Money Dashboard users will receive further information on the roll out of new features very soon.

I have an account already, can I use that with the new app? 

If you have an account on our existing app you will need to create a new one to get started. The system through which we connect to your bank in the new app is built entirely on APIs, meaning that many of the connections to your providers have changed to a faster, more reliable platform and that they need to be reconnected.

When you connect an account, rather than asking for your online banking details, we’ll pass you directly to a screen controlled by your bank that facilitates a secure connection through which we can pull in and categorise your transactions.

What does the new app do differently?

We’re proud of what we’ve built already, but the real advantage of launching a new app, with new underlying back-end services is that we’ll be rolling out new features and improvements much faster than ever before.

At the moment, the new app will provide you with a connection to over 40 banks - entirely through APIs - then pull in transactions and categorise them using our new set of spending and income categories. Our new categorisation system will be continually improved, leveraging much of the progress we’ve made with our machine learning technology.

Once you’ve connected an account and filled out a few other details, we’ll provide you with your Balance after Bills. The aim of this is to give you a simple balance through which you can understand exactly how much money you have to last you between paydays, accounting for any upcoming bills, subscriptions and savings goals across all of your accounts.

In the coming weeks and months we’ll be building in a number of new features to help you budget, plan and reach your financial goals. We’re open to feedback and can’t wait for you to see what we’ve got coming up.

What does this mean for the existing Money Dashboard app?

Your existing Money Dashboard account will remain the same. We won’t be adding any new features to the existing app, but it’s important to us that we continue supporting you as normal, as we know that some of you may prefer to continue using the existing app. We’ll simply be starting to direct any new users to sign up for the new app.

You can download the new app from the App Store or Google Play.

For more Frequently Asked Questions about our new app, please click here.

Sean

Growth Manager