Launched in 2021, iBilly is a budgeting app which uses artificial intelligence (AI) technology to enable users to streamline their bank accounts, budgets, and saving goals all in one place. Whether users want to save for a retirement or get on the property ladder, the app provides them with insights into their current and future financial situation by retrieving and categorising transactions. This gives them an overview of their income and expenses on a daily basis.

iBilly has recently introduced a web dashboard, the iBilly Navigator, providing a multichannel experience that lets customers choose whether they want to use iBilly on a mobile device or a desktop.

Users can now create charts and diagrams on-demand, as well as generate stats and insights. iBilly is also allowing users to connect one bank account for free. It continues to refine its solution and develop new insights that build on the power of Open Banking.

Additionally, iBilly gained access to Kosma's single application programming interface (API). This allows it to synchronise and classify users' bank transactions. IBilly can provide a report that, for instance, makes loan and mortgage applications simpler by automatically creating a thorough review of a user's finances. This way, lenders can find all the data they need in a single document.

The partnership allows iBilly to focus on innovating the app to generate smarter insights to help their customers budget, save, and maintain healthy finances.