Times Internet has decided to jump into the lucrative financial tech domain with the launch of their new money and expense management app called Smartspends.
Equipped with an interesting interface and an intelligent algorithm, Smartspends promises to help you “stay on top of your expenses but also ensures that you save on them in a refreshingly new and fun way.”
It will support Android versions above 4.0 (no iOS app as of now). It basically appears like a cross between similar money management apps Expensify and MoneyWise, which give weekly and monthly spend patterns and summaries; add, edit and pay bills and provide cash management. We’ve written to Times Internet to learn more about SmartSpends and about a possible launch date
The app will be free, won’t access your bank accounts, read only transaction SMSes (not all), and save the last 4 digits of your credit/debit cards.