author
Mounir Laggoune
CEO of Finary
editor
Mounir Laggoune
CEO of Finary
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November 17, 2024

Product updates for November 2024

After months of behind-the-scenes work, we’re thrilled to unveil some exciting new features and improvements. Let’s dive in!

🔍 The Scanner That Saves You Money

Love our fee scanner? You’ll adore our new Subscription Scanner! This exclusive Finary tool tracks all your spending to help you identify unnecessary costs. Did you know the average household has 10 monthly subscriptions (with 40% being unused)? With our scanner’s powerful algorithm, no more surprises—just savings.

Whether it’s subscriptions, but also recurring payments like bank fees, or taxes, our scanner leaves nothing unnoticed! You can view expenses in a calendar format or as a list, making it easy to plan for significant outgoings. Plus, you can exclude specific expenses from the scanner and customize their labels.

Ready to save and invest more? Head over to the budget section of our app or website and start now!

💌 Finary Life Is Taking Shape

Tens of thousands of you have already joined the waiting list for our upcoming life insurance product, Finary Life. Our team is working tirelessly to create a truly unique experience.

We’ll kick off with a profile-based investment strategy* co-designed with BlackRock. For those who prefer hands-on management, a self-directed option will follow.

The release is scheduled for the first quarter of 2025. Stay tuned for more details about this exclusive product!

🎊 A Festival of Improvements

  • New Categorization: With over 200 million transactions stored for you, we’ve significantly enhanced the accuracy of our categorization. Thanks to machine learning and AI, our data team has refined the model to deliver even more precision.

  • Bank Transactions via Plaid: Got US or Canadian accounts connected through Plaid? We now automatically sync all your bank transactions, unlocking the full potential of the “Budget” section for Plaid users.

  • Family/Holding Mode (Web): We’ve improved the menu for switching between profiles and companies in the bottom-left corner of your screen. You can even create a new profile directly from the menu.

  • New Tokens: Our crypto investment options keep growing*. You can now instantly buy or include 0x and Bonk in your investment plans.

  • Passive Crypto Income in Euros: Your yield income is now displayed in both euros and crypto within your transaction list.

☝️ Join the adventure!

The Finary team keeps growing! We are currently hiring for multiple positions, including:

Feel free to apply or forward the job descriptions to your friends!

Finally, don't forget to unlock the full power of Finary with Finary Plus.

No more time lost every week on spreadsheets. No more complex calculations and headaches to understand the hidden fees behind your investments. Get everything Finary has to offer for a flat fee.

Thanks for reading this newsletter. Follow me on X and Instagram for exclusive content & a sneak peek of upcoming features.

*Investing involves risks, including capital loss and volatility. Past performance is not indicative of future results. Learn more.

Edited by
Mounir Laggoune
CEO of Finary
Written by
Mounir Laggoune
CEO of Finary
Mounir is the co-founder and CEO of Finary. He is passionate about personal finances and shares his knowledge every Friday on BFM Business on the show Tout pour Votre Argent as well as twice a week on the Finary YouTube channel.

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