13 December 2017
visit www.solutions.lexisnexis.com

Lovemoney launches UK online money management service

21 January 2010  |  10100 views  |  1 graph

UK consumer finance Web site lovemoney has launched an online money management service powered by technology from US outfit Yodlee.

Established last year by the team behind Fool.co.uk, lovemoney provides price comparison tools and personal finance information.

Now the site has moved to replicate US sites such as Mint and Wesabe by offering a variety of money management tools that tap Yodlee's technology.

The site gives users an integrated view of their income and expenditures all in one place, offering a detailed analysis of spending behaviours, demonstrating the proportion of income withdrawn and how much is spent on things like mortgages, bills, grocery shopping and entertainment.

In addition, a digital spending diary provides users with an at-a-glance look into where they may be overspending.

Saul Devine, MD, lovemoney, says: "People waste time and lose money on bad financial decisions and it doesn't have to be that way. With our online money management service, we are giving people the tools to keep more of their hard earned money in their pocket."

Lovemoney will face competition from another new UK personal finance management service, Money Dashboard, which plans to launch soon, also tapping Yodlee technology.

Comments: (1)

Ketharaman Swaminathan
Ketharaman Swaminathan - GTM360 Marketing Solutions - Pune | 22 January, 2010, 18:48

Talking about competition in the UK, Kublax is another personalized personal finance management service already in existence, though seemingly not very well known.

Be the first to give this comment the thumbs up 0 thumb ups! (Log in to thumb up)
Comment on this story (membership required)

Finextra news in your inbox

For Finextra's free daily newsletter, breaking news flashes and weekly jobs board: sign up now

Related stories

UK PFM start-up Money Dashboard preps for launch

UK PFM start-up Money Dashboard preps for launch

09 December 2009  |  6585 views  |  0 comments
Wesabe launches site to sell money management tools to banks

Wesabe launches site to sell money management tools to banks

24 November 2009  |  6414 views  |  0 comments
Intuit to buy Mint for $170m

Intuit to buy Mint for $170m

14 September 2009  |  9202 views  |  0 comments
Wesabe partners with The Daily Telegraph for UK launch

Wesabe partners with The Daily Telegraph for UK launch

11 November 2008  |  6300 views  |  0 comments
Wells Fargo moves into PFM start-up territory with new budgeting tool

Wells Fargo moves into PFM start-up territory with new budgeting tool

29 October 2008  |  13616 views  |  0 comments
Yodlee raises $35m funding

Yodlee raises $35m funding

04 June 2008  |  9221 views  |  0 comments

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit www.response.ncr.comvisit www.solutions.lexisnexis.comvisit www.atos.net

Top topics

Most viewed Most shared
Saxo Bank's 'Outrageous Prediction': Bitcoin to peak at $60k next year before spectacular crashSaxo Bank's 'Outrageous Prediction': Bitco...
12140 views comments | 7 tweets | 7 linkedin
Deutsche Bank paper hails 'huge' blockchain potentialDeutsche Bank paper hails 'huge' blockchai...
9327 views comments | 16 tweets | 22 linkedin
PSD2: Laying the regulatory foundation for a new age in paymentsPSD2: Laying the regulatory foundation for...
7919 views comments | 17 tweets | 35 linkedin
Santander UK poaches Barclays innovation chief Michael HarteSantander UK poaches Barclays innovation c...
7334 views comments | 8 tweets | 17 linkedin
Alior Bank to use Open API platform and accelerator to create fintech marketplaceAlior Bank to use Open API platform and ac...
7167 views comments | 20 tweets | 11 linkedin

Featured job

Competitive base, commission, benefits
London, UK

Find your next job