About
Money Dashboard was a free personal finance application regulated by the UK's Financial Conduct Authority (FCA, reg. 800652) and a registered Account Information Service (AIS) provider. It leveraged open banking technology to allow users to connect multiple bank and credit accounts into a single unified dashboard, giving a clear, real-time view of their overall financial health. The platform automatically categorized transactions, enabling users to see exactly where their money was going across spending categories such as groceries, transport, entertainment, and bills. Users could set budgets, monitor progress, and identify spending trends over time — all without manual data entry. Money Dashboard offered two product lines: Money Dashboard Classic, the original application, and Money Dashboard Neon, a newer, redesigned version with an improved UI and additional features. Both were available on web and mobile platforms. Despite a loyal user base, the company announced on October 31, 2023, that it could not find a sustainable business model for the consumer-facing apps, leading to the permanent closure of both Neon and Classic. All user accounts and associated data were deleted at that time. The team subsequently refocused on B2B open banking infrastructure services. Money Dashboard is best remembered as a pioneering personal finance tool that made it easier for UK consumers to understand and manage their money.
Key Features
- Open Banking Account Aggregation: Connect multiple UK bank and credit accounts in one place using FCA-regulated open banking connections for a unified financial view.
- Automatic Transaction Categorization: Transactions are automatically sorted into spending categories, giving users instant insight into where their money goes without manual input.
- Budget Tracking: Set spending budgets by category and monitor progress in real time to stay on top of personal finances.
- Financial Dashboard: A clear, visual overview of balances, income, and outgoings across all linked accounts in a single screen.
- Spending Trend Analysis: Review historical spending patterns over weeks and months to identify habits and areas for improvement.
Use Cases
- Tracking day-to-day spending across multiple UK bank accounts in a single dashboard
- Setting and monitoring monthly budgets by spending category to reduce overspending
- Identifying recurring expenses and subscriptions to find savings opportunities
- Getting a consolidated view of overall net worth and account balances at a glance
- Analyzing historical spending trends to make more informed personal finance decisions
Pros
- Completely Free: Money Dashboard offered its full feature set at no cost to consumers, making personal finance management accessible to everyone.
- FCA-Regulated & Secure: As a registered AIS provider authorized by the Financial Conduct Authority, users could trust the platform with their financial data.
- Multi-Account Aggregation: Connecting accounts from multiple banks in one dashboard eliminated the need to log into each bank separately.
Cons
- Service Permanently Closed: As of October 31, 2023, Money Dashboard Neon and Classic are no longer available — all accounts and data have been deleted.
- UK-Only Coverage: The app was exclusively available to UK users through UK open banking infrastructure, limiting its reach to a single market.
- Unsustainable Free Model: The inability to find a viable business model ultimately led to the shutdown, reflecting a core challenge of free consumer fintech apps.
Frequently Asked Questions
Is Money Dashboard still available?
No. Money Dashboard Neon and Classic permanently closed on October 31, 2023. All user accounts and associated data have been deleted.
What happened to my Money Dashboard data?
All user accounts and associated data were permanently deleted when the service closed on October 31, 2023.
Why did Money Dashboard shut down?
The company stated it could not find a sustainable business model for the consumer-facing apps and was therefore unable to continue supporting the services.
What is Money Dashboard doing now?
Following the closure of its consumer apps, Money Dashboard has pivoted to providing B2B open banking services. You can contact [email protected] for more information.
What was the difference between Money Dashboard Neon and Classic?
Money Dashboard Classic was the original personal finance app, while Neon was a newer, redesigned version with an improved interface and updated features. Both have now been shut down.
