Wesabe
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Wesabe was a
personal finance Personal finance is the financial management that an individual or a family unit performs to budget, save, and spend monetary resources in a controlled manner, taking into account various financial risks and future life events. When planni ...
management
website A website (also written as a web site) is any web page whose content is identified by a common domain name and is published on at least one web server. Websites are typically dedicated to a particular topic or purpose, such as news, educatio ...
established in December 2005 that analyzed a user's financial
data Data ( , ) are a collection of discrete or continuous values that convey information, describing the quantity, quality, fact, statistics, other basic units of meaning, or simply sequences of symbols that may be further interpreted for ...
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 Open source is source code that is made freely available for possible modification and redistribution. Products include permission to use and view the source code, design documents, or content of the product. The open source model is a decentrali ...
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

Financial services companies established in 2005 Financial services companies disestablished in 2010 Finance websites Internet properties established in 2005 Internet properties disestablished in 2010 Defunct online companies of the United States {{website-stub