# Talvo Talvo is a personal finance tracker and budgeting app for European bank accounts. It brings transactions, spending analysis, budgets and net worth into a shared view, with manual account options for assets that are not bank-connected. - Findings24: - Website: - Pricing: Freemium - Categories: AI Finance Assistant ## What is Talvo? Talvo is a personal finance tracker and budgeting app for organizing European bank activity. It combines connected account transactions with spending analysis, category budgets and a consolidated net-worth view. Users can also enter manual accounts and transactions for assets that are not bank-connected. The central workflow is to review categorized activity, understand where money is going, and set or adjust category budgets. Talvo supports both automated bank synchronization through licensed PSD2 providers and manual tracking. The site describes read-only bank connections and says credentials do not pass to Talvo. ## What can Talvo do? ### Bank sync and transaction categorisation Connect accounts from more than 2,700 European banks through licensed PSD2 providers. Transactions are categorised automatically; corrections can inform rules for future activity, and transfers between the user's own accounts are kept distinct from spending. ### Editable categories and groups Rename categories, change their colors and icons, add custom categories, and group related categories for broader reporting. Changes save automatically and update past transactions, budgets, charts and Insights. ### Spending and cash-flow analysis Compare spending across periods, review category movements and use a daily spending calendar. Cash-flow views show income, expenses and net savings; Insights adds totals and a Sankey-style flow from income through expenses to savings. ### Filtered Insights and breakdowns Explore a selected date range and filter by account, category, tag or transaction type. Breakdowns can be organized by category, merchant, account or tag, helping trace totals to underlying activity. ### Category budgets and pace tracking Set monthly amounts by category, using suggested figures based on the category's three-month transaction average as a starting point. The budget view tracks progress during the month; the site also documents rollovers and mid-month rebalancing. ### Connected and manual net worth accounts View balances from connected accounts together and add manual accounts or transactions for assets such as cash or property. Account amounts are consolidated in a base currency as account data updates. ## Use Cases ### Build a monthly spending plan Use category-level three-month averages to start a budget from actual transaction history, then adjust amounts to fit current priorities. Check the pace during the month and use the documented rollover or rebalancing workflows when allocations need to change. ### Investigate a spending increase Choose a period in Insights, inspect the category breakdown and then switch to merchants or accounts to locate the transactions behind a higher total. Period comparisons can help distinguish a recurring pattern from a one-off change. ### Measure a goal's full cost Tag related transactions, such as expenses for a trip or project, and filter Insights by that tag to see the associated outflow across the selected range. ### Track savings and overall financial position Use Insights totals and the savings-rate measure to review how much income remains after expenses. Combine connected balances with manual asset accounts for a broader net-worth view. ## Frequently Asked Questions ### Can I use Talvo without connecting a bank? Yes. The site says its free plan supports manual tracking, and it also lets users add manual accounts and transactions for assets that are not connected to a bank. ### How does bank connection work? Talvo says it connects to more than 2,700 European banks through licensed PSD2 providers. Connections are described as read-only, and the site states that bank credentials do not touch Talvo. ### Can I change how transactions are categorised? Yes. You can edit categories, create rules based on corrections, and customize category names, colors, icons and groups. The site says category changes apply retroactively to transactions, budgets, charts and Insights. ### What does Insights show? For a chosen date range, Insights reports income, expenses, net saved and savings rate. It includes a Flow view and breakdowns by category, merchant, account or tag, with filters for account, category, tag and transaction type. ### What does Talvo cost? The site says Talvo can be started free for manual tracking and advertises a seven-day free trial. The available pricing page did not provide plan amounts or billing terms, so those details cannot be confirmed here. ## Quick Facts - **Product type**: Personal finance tracker and budgeting app - **Bank coverage stated**: More than 2,700 European banks via licensed PSD2 providers - **Currencies stated**: 21 currencies, converted at daily ECB rates - **Data location stated**: EU storage in Frankfurt and Dublin - **Tracking options**: Bank-connected and manual account tracking - **Trial and free use**: Free manual tracking plan and a seven-day free trial stated; pricing amounts not confirmed