Finly

Finly is a private expense tracker made by Raffay LLC that runs on iPhone, iPad, and Android. The core product is not automatic: it does not sync with your bank account or pull transactions automatically. Instead, you enter each expense manually by speaking it aloud, scanning a receipt with your phone's camera, or typing it in. The app then uses AI to categorize the transaction, extract details from receipts, and generate insights about your spending patterns. Finly positions itself against automatic expense trackers by arguing that active entry makes you more aware of your money and that it never asks for your bank password. The site has a 4.6 rating and reports 1,500+ installs on mobile app stores.

Money comes in through manual, active entry only. You can speak a transaction out loud and the app captures it, like saying "Lunch $20 and Taxi $15 yesterday" and the app breaks it into two line items, categories them automatically, and logs them with timestamps. The site describes this as "Voice-to-Expense (3s)," meaning you can log a transaction in about three seconds by speaking. You can also photograph a receipt and the app's AI reads the amounts, merchant name, and items from the image, extracting all details automatically. This is described as frictionless entry despite being manual because voice and receipt scanning are faster than typing. A third path is typing manually, which the site describes as slower than the voice and receipt options. The app does not connect to any bank or financial institution. The site explicitly states "No bank linking" and "No bank passwords" and emphasizes this as a privacy feature: apps that sync with banks demand access to your login credentials, and Finly refuses to do that. The site says "We never will" ask for passwords. Because there is no automatic sync, entries do not refresh from your bank at any schedule. If you forget to log a transaction, it does not appear in the app until you manually enter it. The app does support multi-currency and can export data to CSV if you want to move your history elsewhere. A comparison table on the site directly contrasts Finly against apps that require bank passwords, listing the feature differences: Finly has zero surveillance while traditional apps "make you passive."

Finly's budgeting approach is active and intentional rather than automatic. The site frames it as "Mindful and Intentional" tracking and cites research showing that active tracking makes users more aware of their spending. You log each expense, and that act of logging is supposed to make you more conscious of what you spend. The app's AI predicts categories as you enter, and you can accept or override its suggestion. The app provides "AI-Powered Receipt scanning, category prediction, and spending insights" all driven by AI. It offers "Chat With Your Money," a conversational interface to ask questions about your spending patterns and get spending insights. The app includes "Unlimited voice entries. Unlimited receipt scans. Unlimited AI insights" on the paid tier, so there are no caps on how much you can track. Cloud backup syncs your data across your devices, so your iPhone and iPad stay in sync. You can set spending insights and reports on top of your logged expenses, letting the app surface patterns. The site does not describe budgets, goals, envelopes, or any structured spending plan, just tracking and analysis of what you already spent. The app is more of a spending awareness tool than a budget planning tool. The site emphasizes that "Finly AI analyzes your patterns and delivers personalized insights to help you spend smarter and save more," focusing on awareness and insight rather than restriction.

Finly charges a single plan called Finly Pro with a published launch deal. The pricing shows $9.99 per month if you pay monthly, or $2.49 per month if you commit to yearly billing at $29.99 yearly, which the site describes as 75 percent off the normal yearly rate of $119.99. The site states "SAVE 50%" on the monthly option and "75% OFF" on the yearly, though both are called launch pricing and say "Lock in launch pricing, forever," suggesting the rates may increase later for new customers. The site also states "Cancel anytime in 1 click. No questions asked," so you can exit the subscription without a penalty. There is no free tier mentioned, and no trial period is described on the pricing page shown. The app does include "Industry Leading AES-256 Encryption," so data is encrypted in transit and at rest. The site also mentions "Cloud Backup" as an included feature, plus "Multi-Currency" and "CSV Export" to move your data out if needed. Priority support is included for paying members. Unanswered questions include: whether the launch pricing truly never expires, how often the AI features are updated, what the regular price is after the launch deal period, how long the encryption key is stored or recovered if you lose your phone, and what happens to your data if you cancel. The site also notes that "AI can make mistakes. Insights and suggestions are for informational purposes only and should not be considered professional financial advice," creating a clear liability boundary.

Finly suits privacy-first users who distrust apps that connect to banks and want no part of any system that asks for bank passwords. It works well for people who like the discipline of manual entry because research suggests active tracking makes users more aware of their spending. It appeals to people who are interested in AI and want it to surface insights from their transaction history. The app is also positioned for iPhone and Android users who prefer a mobile-first experience and do not want to log into a desktop app. The site positions Finly against specific competitors: Monarch Money, YNAB, Rocket Money, Goodbudget, Copilot, Wallet, Pocket Clear, and Cognito Money. The product does not suit automatic trackers, like people who want spending pulled from their bank with zero friction or who forget to log transactions and need technology to catch what they miss. It is not for passive budgeters who want the app to do the work for them. If you need to link multiple bank accounts, credit cards, or investment accounts to one dashboard, this app cannot do it. Finly is also a newer product marketed on privacy rather than depth of features, so compared to apps like YNAB or Monarch that have been building for years, the breadth of budgeting tools may be smaller. The site does not mention support for loans, investments, or wealth tracking beyond spending. If you need those features, Finly probably is not enough.