Applications Wally-App

Published on June 27th, 2013 | by Bhavishya Kanjhan


Wally raises $400,000 announces Android version timeline and new features

According to ArabCrunch, Wally announced yesterday that it has raised $400,000 in funding. The Middle Eastern personal finance app is also reporting it currently has 100,000 users on its iOS App. More importantly however the Android version is about a month away from being released which should give the application numbers a healthy bump. will be started next month with the release tentatively towards the mid or end of September.

The current version of Wally lets you track your expenses, however the new version of the app will allow users to create budgets and plan their spending. Wally is even looking to integrate with utility providers and banks to integrate with them. With this, Wally is positioning itself closer to the pinnacle of personal finance apps – Mint. Despite being a fantastic app, Mint doesn’t integrate with Middle East providers leaving behind a crippled experience. Wally has shown great promise and we’re hoping it can fill that gap.

 Update: The integration with the utility providers and banks is still a consideration with the Wally team rather that a committed feature. The team says they’re working towards delivering an app that delivers great utility in terms of personal finance management to the user. We’ll share more details as they come along.

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About the Author

is Founder of and a retail professional. He’s been oscillating between iOS and Android every few months and has yet to pick a side! Follow him on Twitter @bhavishya

Mohit Jivani says:

I cannot wait for this to start along with integration with banks. Once you use mint, you can’t go back to manually going through your finances. Most banks here in the UAE have extremely bad systems for exporting data. Good luck to the team in dealing with the banks!

Bhavishya Kanjhan says:

I’ve heard and read a lot about Mint and hope to see something like that here. However the integration with utilities and banks is something the guys at Wally are only _considering_ right now. It’s more of a vision than an item on the feature list. I got the clarification after speaking them and I’ll be updating the post to reflect that.

It’s a step in the right direction nonetheless, and if they get the right traction, the banks will definitely get on board. But thanks for the clarification.

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