Wesabe

Wesabe
TypePrivate
IndustryPersonal finance; financial technology
FoundedDecember 2005
DefunctJuly 31, 2010
ProductsPersonal finance management website
ServicesFinancial data analysis; personal budgeting tools

Wesabe was a personal finance management website established in December 2005 that analyzed a user's financial data to provide appropriate advice on how to save money. The site went live in November 2006.

The company behind the website announced on 20 June 2007 that it had secured a US$4 million investment round to continue funding the website. Wesabe announced 30 June 2010 that it was shutting down service on 31 July 2010. Existing users were able to download and export their data, and use a forthcoming open source version of the site on their computer. New entrants are competing for the PFM market by supplying personal finance tools through employer HR departments.

References

  1. 1 2 "Online Finance Startup Wesabe Heads To The Deadpool". 30 June 2010. Retrieved 2010-06-30.
  2. ↑ Needleman, Rafe (2006-11-22). "Wesabe: Easy financial tracking and tips". CNET News. Retrieved 2010-03-07.
  3. ↑ "Why Wesabe lost to Mint". Marc Hedlund's Blog. Retrieved 18 March 2012.
  4. ↑ Strange, Adario (2007-06-20). "Wesabe Secures $4 Million Investment Round". Wired. Archived from the original on 2010-06-17. Retrieved 2010-03-07.
  5. ↑ Hedlund, Marc. "Wesabe is discontinuing its Accounts tab as of July 31st". Your Money. Your Community: The Wesabe blog. Retrieved 2010-07-02.
  6. ↑ Donovan, Brian. "Wesabe Open-Source". Retrieved 2010-07-02.
  7. ↑ Overly, Steven (2011-05-16). "The Download: HelloWallet debuts its financial help software". The Washington Post. Retrieved 2011-06-13.