Waffol is a personal finance inbox that connects to your bank accounts and centralizes money admin tasks like spotting unusual charges, forgotten subscriptions, and shared expenses. It uses AI to answer plain-language questions about your transactions and prepares actions—like splitting a dinner or matching a repayment—but waits for your approval before anything changes. The service is currently in private beta for UK bank connections, with read-only access and a swipe-based review flow.
Funding
Funding not disclosed
Founders
Product
Problem
Managing everyday money often means juggling multiple bank apps, receipts, and notes, leaving people to manually track subscriptions, shared expenses, and repayments. This administrative burden leads to missed charges, forgotten splits, and a fragmented view of one's financial life.
Solution
Waffol is a personal finance inbox that connects to your bank accounts and automatically organizes transactions, receipts, and notes into a single, searchable ledger. It surfaces only the items that need your attention—like a dinner to split, a forgotten subscription, or a friend's repayment—and lets you swipe through them one at a time to confirm what's happening. Waffol uses AI to answer plain-language questions about your money, such as whether you're owed anything for the weekend, and can prepare actions like sending a payment request or matching a repayment, but every action waits for your explicit approval. The service maintains a year of transaction history on its own and supports importing statements, scanning receipts, and adding cash spends manually, so the ledger reflects real-world messiness rather than a perfect spreadsheet.
Target Audience
Primary users are individuals in the UK who want a low-effort way to track everyday spending, catch forgotten subscriptions, and manage shared expenses without manual spreadsheet upkeep.
Features
- Read-only bank connections to supported UK banks, with no card numbers stored and no actions taken without user permission
- AI-powered receipt reading and plain-language Q&A about transactions, with providers holding SOC 2 Type II certifications and data used only to deliver features
- Swipe-based review flow to confirm categories, splits, and repayments, with Waffol remembering decisions for future similar transactions
- Automatic detection of recurring charges, foreign card spend, and incoming transfers that match outstanding splits
- Manual import of statements (CSV, PDF) and addition of cash transactions, with duplicate skipping and high-confidence field detection
- Privacy-friendly, cookieless analytics and no selling of personal data; users retain ownership of their content