Published on June 27th, 2013 | by Bhavishya Kanjhan3
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.