|Acquired by||Strands Labs|
|Description||Online Financing Website|
expensr is a free, online, personal finance application. Currently in beta, expensr has a very clean and simple design with some great features which many users will find appealing.
One nice security feature allows users to upload bank statements manually. Unlike some other financial management applications that require bank usernames / passwords, users can upload .ofx files – these files only contain the bank account number. Importantly, expensr does not store the .ofx file after parsing it, only the transactions in it.
Another interesting part of expensr is the social networking aspect. Since expensr is a social network, users can compare their spending against others. This means users are able to see aggregated data of a particular tag and anonymously compare spending against others. E.g. you can compare rent with other young professionals in San Francisco. Or how much people are spending on groceries in Boston?