What is Skwad?
Skwad revolutionizes personal finance management by offering a unique, privacy-focused approach to budgeting. Instead of requiring direct bank login credentials, the platform processes transaction alerts sent via email from financial institutions, providing users with a secure way to track their spending and manage their finances.
The application features comprehensive budgeting tools, including auto-categorization of transactions, customizable expense tracking, bill payment reminders, and multi-user functionality. With support for both manual imports and automated email alerts, Skwad ensures reliable transaction tracking while maintaining bank-level security and user privacy.
Features
- Email Alert Processing: Converts bank alerts into categorized transactions automatically
- Privacy Protection: Functions without requiring bank passwords or sensitive account information
- Auto-Categorization: Automatically organizes transactions into customizable categories
- Multi-User Support: Allows sharing transactions and budgets with companions
- Receipt Scanner: Processes receipts for detailed transaction tracking
- Bill Management: Provides alerts and reminders for upcoming payments
- Data Import/Export: Supports CSV, Excel, and Quicken file formats
- Balance Tracking: Monitors account balances and net worth
Use Cases
- Personal budget management
- Couple financial planning
- Business expense tracking
- Shared household expense management
- Bill payment organization
- Financial goal setting and monitoring
- Receipt organization and expense documentation
FAQs
-
How does Skwad protect user privacy?
Skwad processes only transaction alerts sent via email, never requiring bank passwords or accessing sensitive account information like routing numbers or legal names. -
What happens after the 30-day free trial?
After the trial period, users can choose between the DUO plan ($1.83/month billed annually) or DIY plan ($4.08/month billed annually) with different feature sets. -
How quickly are transactions processed?
Transactions from bank alerts are processed instantly, while receipt uploads typically take under a minute to process. -
Can I use Skwad without bank email alerts?
Yes, Skwad supports bank linking with over 11,000 financial institutions, manual transaction entry, and CSV/Excel file imports.
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