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Skwad

A privacy-first budgeting app that syncs transactions via email.
Added:
July 20, 2025

TL;DR

  • Privacy-First Budgeting: Tracks spending by parsing bank email alerts, not by linking your bank account.
  • Automated Categorization: Uses AI to automatically scan and categorize transactions from emails, receipts, and bank statements.
  • Ideal for Privacy-Conscious Users: Perfect for individuals and couples who want to manage finances without sharing bank passwords.

What is Skwad

Skwad is an AI-powered personal finance and budgeting application designed with privacy as its core principle. It primarily solves the security and reliability problems found in traditional budgeting apps by tracking financial transactions through your bank's existing email alerts rather than requiring you to share your sensitive bank login credentials. By providing users with a unique email address, Skwad can automatically parse, categorize, and log expenses and deposits as they happen. This makes it a secure and reliable financial management tool, especially for users who are hesitant to link their accounts to third-party services or whose banks have poor integration support.

Key Features
  • Privacy-First Email Sync: Connects to your finances by receiving and parsing the transaction alert emails your bank already sends. This core feature eliminates the need to share your bank password, enhancing security and privacy.
  • AI Receipt Scanner: Allows you to upload a photo of a receipt, and the tool's AI will extract, digitize, and categorize every line item, simplifying expense tracking.
  • Bank Statement Conversion: Automatically processes PDF bank statements you upload, converting the data into a structured format like Excel for easy analysis and import.
  • Multiplayer Mode: Designed for couples and partners, this feature allows users to share accounts, bills, and budgets in real-time for collaborative financial management.
  • Versatile Data Import: Supports uploading historical transaction data from CSV, OFX, and QIF files, making it easy to migrate from other services like Mint.
  • Customizable Budgeting and Reporting: Offers comprehensive budgeting tools, including rollovers and spending reports, to help you visualize cash flow and manage your money effectively.

Who is Skwad for?

  • Privacy-Conscious Individuals: Users who are uncomfortable sharing their bank login credentials with third-party applications.
  • Couples & Partners: People who need a collaborative tool to manage shared accounts, bills, and financial goals.
  • Former Mint Users: Individuals looking for a robust alternative to import their data and continue budgeting after Mint's shutdown.
  • Users of Banks with Poor App Integration: Customers of smaller or older banks that do not reliably connect to data aggregators like Plaid but do send email alerts.
  • Freelancers & Solopreneurs: Individuals who need to track and categorize personal and business expenses simply without complex accounting software.

Key Use Cases & Applications

  • Automating Expense Tracking Securely: Automatically log all your spending and deposits without ever entering a bank password into a third-party app.
  • Managing a Household Budget: Use the 'Multiplayer Mode' to give both partners real-time visibility and control over shared finances.
  • Migrating from Mint: Seamlessly upload your complete transaction history from Mint to continue your financial journey without losing data.
  • Digitizing Receipts for Reimbursement: Quickly scan paper receipts with your phone to create digital records for expense reports or tax purposes.
  • Tracking Finances from Unsupported Banks: Monitor accounts from any bank or credit union in the world, as long as it can send an email alert for transactions.
Pros
  • Greatly enhances security and privacy by not requiring bank passwords.
  • Avoids common and frustrating bank re-linking and synchronization errors.
  • Transaction data appears almost instantly as email alerts are received.
  • Supports importing historical data from Mint and other financial software.
  • Features a unique 'Multiplayer Mode' for collaborative couples' budgeting.
Cons
  • Requires an initial manual setup of forwarding bank email alerts.
  • The user experience may feel less direct than apps with full bank-syncing APIs.
  • Advanced features like Google Sheets integration are locked behind the higher-priced tier.

Pricing Info

Free Trial Available

  • Plan_name: DUO
    Price: 22 USD / year
    Features: Includes support for 2 profiles and 1 free companion for shared budgeting.
  • Plan_name: DIY
    Price: 49 USD / year
    Features: Includes all features from the DUO plan, plus synchronization with Google Sheets and multi-currency support.
FAQs
If your bank or credit card provider can send you email alerts for transactions, it is supported by Skwad's primary privacy-first method. For users whose banks do not offer alerts, Skwad also provides an optional direct bank-linking feature supporting over 11,000 financial institutions.
You can achieve automation by setting up a rule in your bank's online portal to send all spending and deposit alerts directly to your unique Skwad scan email address. This allows for real-time, automated tracking without providing bank login details.
Yes. You can keep your primary email address on file with your bank and set up an automatic forwarding rule in your email client (like Gmail or Outlook) to send only the transaction-related emails to your Skwad address.
Yes, Skwad is designed to import your financial history. You can upload transaction data using common file formats like CSV, Excel, and Quicken (OFX/QIF), which is ideal for migrating from services like Mint or importing statements from your bank.
Skwad offers a significant security advantage. Unlike apps that use third-party aggregators requiring your bank password, Skwad's core functionality relies on non-sensitive transaction alerts. This means your login credentials, account numbers, and other private information are never shared with the app, reducing your exposure to data breaches.
Still have questions? We're here to help!
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