Why we don't link to your bank account
Account aggregators are a great idea on paper. In practice, manual logging is faster, more accurate, and forces a behavior change that automation can't.
Dushyant Sharma
Founder
Every time we demo SpendWise, someone asks: 'why don't you just connect to my bank?' It's the single biggest objection — and we keep choosing not to.
Three reasons
1. Account Aggregator coverage is incomplete
AA APIs cover most banks but miss UPI peer-to-peer, cash, and most wallets. For students, those are 60% of transactions. An incomplete picture is worse than no picture — it gives false confidence.
2. Manual logging changes behavior
When you have to type ₹240 for Swiggy, you feel it. Studies on financial behavior consistently show that the friction of manual entry creates awareness — and awareness is what drives saving. Automation removes that signal entirely.
3. Privacy
We never want to be a target for credential theft. By not storing bank linkages, we have nothing valuable to leak. Your data stays narrow, encrypted, and entirely yours.
The best finance app is the one that makes you think about your money — not the one that thinks for you.