Frollo - Money Manager 3.30.0

Frollo is a comprehensive financial management tool designed to assist users in gaining greater control over their finances. By offering real-time insights and streamlined account aggregation, it aims to promote smarter saving and debt reduction strategies.

The platform is free of charge and emphasizes security and privacy, utilizing the Consumer Data Right (Open Banking) framework to connect accounts securely without sharing login credentials. Users retain full control over their data sharing preferences and can delete their information at any time.

With the ability to link multiple types of accounts—such as transaction, savings, credit cards, loans, superannuation, and investments—Frollo consolidates financial information into a single, real-time perspective. Users can analyze spending patterns through detailed transaction categorization and monitor changes over time, which supports informed financial decisions.

Additional features include the capacity to add assets and liabilities to calculate net worth, tracking of recurring bills to prevent late payments, and the creation of budgets and savings goals tailored to individual objectives such as holidays or emergency funds.

The app also provides personalized alerts and insights, such as notifications for upcoming bills, opportunities to reduce subscription costs, or unusual spending behaviors. Outcomes reported by users indicate an average savings increase of approximately $520 within three months and a reduction in credit card debt by around $100 within six months.

Currently compatible with selected banks, including the Big Four and other major providers, Frollo is expanding its bank integrations and offers alternatives like screen scraping when direct access is unavailable.