Buddy integrates with Plaid for automatic Budget Tracking

By Gloria Methri

Buddy, the budgeting app for Gen Zers worldwide has integrated with Plaid, an open finance service provider, to enable Buddy users to securely connect their financial accounts and track their spending.

Buddy currently operates in 175 countries and claims to be one of the top-ranking personal finance apps in the US and Canada.

Plaid’s open finance APIs will enable Buddy app users to effortlessly monitor their account balances and expenses all from one place. They can easily track their spending, understand their habits, and increase their financial visibility, to make smarter and more informed financial decisions.

With this integration, Buddy’s users will have the option to automate their savings without having to input their spending manually. The open-finance integration will provide users with a more comprehensive and personalized view of their finances.

Olle Lind, Buddy Founder and CEO said, “Budgeting apps have become increasingly important among Gen Z and Buddy is making it convenient and joyful to manage their finances. By using the app, younger generations can gain better control over their finances and make more informed decisions, helping them to develop healthy financial habits that will serve them well in the future. By teaming up with Plaid, we are making this process quicker and more painless than ever before, helping millions across the world budget and plan they want and deserve.”

Buddy’s integration with Plaid aims to alleviate the financial challenges faced by Gen Z today and set them on the path to an improved financial future.

Founded by Olle Lind (CEO) in 2017, Buddy is a personal finance app catered to youngsters and millennials. With three million users worldwide, it is considered one of the fastest-growing budgeting apps for Gen Z internationally. The company is headquartered in Stockholm, Sweden, where it employs a team of four, and is entirely bootstrapped.