Quid is a free budgeting and settling-in companion designed specifically for international students in the UK. The app provides an adaptive daily allowance system, curated deals on banking, SIMs, and railcards, and a community of peers from the same university or country for practical advice. It launches on the App Store in September 2026, with no bank connection required and no data selling.
Funding
Funding not disclosed
Founders
Product
Problem
International students arriving in the UK face the dual challenge of managing a limited budget in an unfamiliar currency and navigating practical settling-in tasks like finding SIM cards, housing, and railcards. Traditional finance apps are not tailored to their needs, and the process of adjusting to a new country is often overwhelming and expensive.
Solution
Quid is a free budgeting and settling-in companion built specifically for international students in the UK. The app offers an adaptive daily allowance that recalculates as the month progresses, with category limits and color-coded overspending alerts that avoid judgment. It also includes a community feature where students can ask questions of peers from their own university or country, covering topics like SIM advice, flat hunting, and second-hand furniture. Quid curates deals on banking, SIMs, railcards, and food waste apps, refreshed weekly and matched to the user's city and setup checklist. The app does not connect to bank accounts, hold money, or sell data, and an optional AI assistant only shares information after explicit in-app consent.
Target Audience
Primary users are international students in the UK who need help budgeting and settling into their new environment, including those seeking practical advice on housing, SIMs, and local deals.
Features
- Adaptive daily allowance that recalculates based on monthly spending patterns
- Category-based spending limits with color-coded overspending indicators
- Community Q&A feature connecting users with peers from the same university or country
- Curated weekly deals on banking, SIMs, railcards, and food waste apps tailored to the user's city
- No bank connection required—users manually log expenses, eliminating the need for open banking credentials
- Optional AI assistant with granular in-app consent controls and the ability to withdraw consent at any time
- Location data is optional and only requested after consent is granted