Compare
Loam vs Spendee
Spendee is a friendly money manager for wallets and budgets, with optional bank sync and receipt scanning. Loam records spending from your bank’s texts without a bank link, and tracks what Spendee does not: stocks, gold, deposits, property and loans, with runway and a forecast.
Feature by feature
| Loam | Spendee | |
|---|---|---|
| Price | ||
| Price | $30 a year or $3 a month | Premium about $35.99 a year or $5.99 a month; varies by region |
| Free trial | 30 days, no payment details needed | 7 days |
| Free plan | No, the trial is the free part | Yes: one cash wallet and one budget |
| Ads | None | None reported, though an ad SDK ships in the app |
| Privacy and your data | ||
| Account required | None, not even an email | Yes; email, Google, Facebook or Apple |
| Bank login | Never | Optional (Premium), through Salt Edge, Plaid or bank APIs |
| Where your data lives | On your phone, plus your own iCloud or Google device backup | Spendee’s servers on Google Cloud, in Belgium and the US |
| AI and your finances | Never sees your finances. Only a bank text format Loam has never seen goes out, until Loam learns its pattern | AI receipt scanning by unnamed sub-processors |
| Analytics and tracking | None | Firebase, Facebook, Crashlytics and Sentry SDKs |
| App lock | Face ID, Touch ID or fingerprint | Passcode, Face ID or Touch ID |
| Export | CSV or JSON | CSV or XLS from the phone |
| Getting transactions in | ||
| Bank sync | No, by design | Yes (Premium), 2,500+ banks plus PayPal and Coinbase |
| Bank text messages | Yes, read on the phone. Automatic on Android; a Shortcut on iPhone | No |
| Manual entry | Yes | Yes, in cash wallets |
| Voice entry | Siri, without opening the app | Not advertised |
| Receipt scanning | No | Yes, AI scan (Premium) |
| Categorising | Merchant rules you set, suggested once you file a shop by hand twice | Learns from your edits; no rules of your own |
| What it tracks | ||
| Credit cards | Yes, with statements and installment plans | Through bank sync only |
| Deposits and CDs | Yes: interest payouts, floating rates and maturity | No |
| Stocks and ETFs | Yes, with average cost and gain | No |
| Crypto | Yes, priced for you | Coinbase and Crypto.com links (Premium) |
| Gold and silver | Gold by karat and silver by fineness, priced off spot | No |
| Property | Yes | No |
| Loans and mortgages | Mortgages, loans and installment plans | No; a negative-balance wallet instead |
| Currencies | 80, and totals also readable in a steadier one, such as USD | Per-wallet currency and custom rates |
| Planning | ||
| Budgets | Monthly category budgets, tagged needs or wants | Category or wallet limits with a daily allowance |
| Spending insights | Per category, five months back, with what to do | Charts and category breakdowns |
| Net worth over time | No; the forecast looks forward instead | Balance trend; no net worth chart |
| Long-term forecast | 5, 10 or 20 years of your deposits and investments, with your own return per holding | No; scheduled transactions only |
| Inflation-adjusted view | Consumer prices, monetary debasement and currency devaluation, filled in for you | No |
| Runway | Yes: months of your budget the assets you choose would cover | No |
| Savings goals | No goals; a monthly savings target and savings rate | Not advertised |
| Recurring charges | Spots monthly charges, their yearly cost and when one goes up | Recurring templates; no detection |
| Everyday use | ||
| Apps | iPhone and Android | iPhone and Android |
| Web app | No | Yes, without export |
| Sharing with a partner | No | Shared cash wallets |
| Notifications | None, ever | Budget alerts at 75% and 90% |
| Languages | English and Arabic | 27 |
| Where it works | Anywhere, with banks that text in English or Arabic | Worldwide; bank sync in about 50 countries |
Which should you pick?
| Spendee is stronger at | Loam is stronger at |
|---|---|
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Pick Spendee if you want a colourful budget app with a free plan, and shared wallets on its paid plans. Pick Loam if you want budgets and your whole balance sheet in one app.
More comparisons
Try Loam free for 30 days.
In beta now on iPhone and Android. No account, no bank login, no payment details for the trial. Then $30 a year or $3 a month.
Spendee details are taken from its own website and app store listings in September 2026 and may have changed since. Spendee is a trademark of its owner; Loam is not affiliated with it.