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FionMoney

16 karma · joined July 31, 2020

https://www.fion.co/
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FionMoney··on Show HN: Fion – A new tool to track your spending, without a budget
Our copy is factually correct. There are no ads in our app. We don't sell any ads. We don't use user data to sell ads. If you signed up for Fion, you would see this.

It's not unfathomable to build a business that is aligned with its users' best interests. We have a vision and it starts with a free tool to answer questions about your finances. We have many more features and tools to come.

What you've seen so far is just our first step. There's much more to come.

FionMoney··on Show HN: Fion – A new tool to track your spending, without a budget
Thanks for the kind words. We actually appreciate all the feedback.

We anticipated comments about the name Fion as well as skepticism regarding our free business model. However, we did hope to receive a bit more feedback on the design and interface. We're quite proud of what we've built.

FionMoney··on Show HN: Fion – A new tool to track your spending, without a budget
Thanks for signing up. We'll research support for Bitcoin transactions as well as crypto holdings as part of our upcoming investment dashboard.
FionMoney··on Show HN: Fion – A new tool to track your spending, without a budget
Happy to answer your questions:

- Fion is a web app, available on both desktop and mobile.

- Fion currently uses Plaid to link your US-based bank accounts. Your information is encrypted end-to-end and your credentials are never accessible to us.

- Fion is free.

- We plan on offering multi-currency support in the near future.

- Service Providers refers to things like Google Analytics on our website, live customer support, and Plaid.

FionMoney··on Show HN: Fion – A new tool to track your spending, without a budget
We don't sell your data to third parties. We plan to offer recommendations and save people money through our own platform.
FionMoney··on Show HN: Fion – A new tool to track your spending, without a budget
Right now, Fion supports connections to US-based banks.

Regarding the business model, we will expand on this topic on our blog. Our goal is to be the most transparent and user-friendly option in personal finance.

FionMoney··on Show HN: Fion – A new tool to track your spending, without a budget
We plan to offer paid premium features such as spending insights and advanced reporting. We also have plans for personalized recommendations and exclusive deals, provided the incentives are aligned with our users. We'll never sell your data to third parties, or try to sell you something you don't need (e.g. a credit card or loan offer).

Paid budgeting tools generally charge between $80-$100 per year, which can be a good value if a budgeting methodology works for you and saves you money. This, however, limits the size of the market significantly.

Fion is free because we want to make it easy for as many people as possible to track their spending across all their cards.

We will expand on this topic on our blog, because it's a very important issue that all free personal finance apps need to address.

FionMoney··on Show HN: Fion – A new tool to track your spending, without a budget
When we launch in French-speaking markets, we'll consider a different name. Possibly Filon, which has a better connotation in French.
FionMoney··on Show HN: Fion – A new tool to track your spending, without a budget
We will consider a name change when we launch in French-speaking markets. Filon, for example, may be a suitable option.
FionMoney··on Show HN: Fion – A new tool to track your spending, without a budget
Fion is a new personal finance tool that lets you search your spending, across all your cards. It's available on both desktop and mobile.

We noticed it's still surprisingly hard to answer simple questions about our finances. There are other personal finance apps and sophisticated paid budgeting tools, but we wanted to build an easy (and free) way to search transactions that doesn't involve creating and maintaining a budget.

We're excited to share Fion with the HN community.

FionMoney··on Show HN: Fion – A personal finance search engine
Hi everyone.

We noticed it's surprisingly hard to answer some simple questions about our finances. Although personal finance and budgeting tools exist, we wanted an easy way to search our transactions that didn't involve creating and maintaining a budget.

Fion is a new personal finance app that lets you search your spending, across all your cards.

We're still in early access, but we're excited to show the HN community a preview of what's to come.

-The Fion Team