platoseedplatoseed
Penny makes keeping track of your finances as easy as having a…
Penny is a personal finance app that helps you track your income and spending. Penny accesses your statement history—with your permission—and uses that information to help you manage your finances. Whenever you open the app, she’ll chat with you about your finances: letting you know how you’re doing this month, forecasting where you’ll be next month, giving you a heads up about upcoming bills, or even helping you cancel services you don’t use. Penny makes finances less intimidating and stressful. Many apps have lots of useful features, but they’re often hard to use and time-consuming. Penny automatically organizes your finances, explains them simply and clearly, and tells you what you need to know, when you need to know it.
Penny is described as a personal finance assistant that historically helped users track income and spending and provided financial information. It is noted that Penny was acquired by Credit Karma and the Penny app is no longer available, though the Penny concept lives on within Credit Karma as financial guidance.
The product historically functioned as a conversational personal finance coach within the Penny app, providing information about finances when users interacted with Penny. After acquisition, the Penny app itself is no longer offered as a standalone product, but the brand extended its financial advisory capabilities within Credit Karma.
Who it’s for: Individuals seeking a simple way to track income and spending and receive friendly financial guidance, potentially later engaging with Credit Karma for credit-score related needs.
acquisition by Credit Karma; product discontinued as a standalone app; ongoing brand influence within Credit Karma
Live your best financial life
The simplest way for couples to manage money, together
