Highlights
- 13,000+ supported financial institutions
- Automatic balance and transaction syncing
- Bank-level 256-bit encryption
- Reconnection flow for expired credentials
From manual entry to automatic
Until now, beta testers had to add their accounts and balances manually. That worked for testing the payoff planner, but it’s not how a real finance app should work. This update changes everything.
What’s new
Plaid integration. Connect your accounts through Plaid — the same infrastructure used by Venmo, Robinhood, and thousands of other financial apps. 13,000+ banks, credit unions, and financial institutions are supported.
Automatic syncing. Once connected, your balances and transactions update automatically. Your debt payoff plan stays current without you touching anything. Make a payment on your credit card, and Spendify reflects it.
Bank-level security. Spendify never sees your bank login credentials. Plaid handles authentication directly with your institution using 256-bit encryption. Your data is encrypted in transit and at rest.
Reconnection flow. If your bank requires you to re-verify (it happens — banks rotate tokens periodically), Spendify tells you clearly and walks you through reconnecting. No cryptic error messages.
What this means for the payoff planner
This is the update that makes the debt payoff planner real. Before, you had to remember to update your balances. Now your debt-free date adjusts automatically as you pay down your accounts. The plan stays accurate without any effort on your part.
What’s next
Automatic transaction categorization — so the hundreds of transactions that just started flowing in actually make sense.
