Improved transfers for crypto and securities

Managing and recognizing transfers between assets is a crucial task in order to have clean and accurate financial data.

Therefore, we have further improved the transfer workflow for crypto and securities. From the crypto and security transaction lists, you can now directly create the counter transactions in other assets or easily find already existing counter transactions.

In case the counter transaction already exists, you can also find the corresponding crypto or security transaction via the "Find" option on the bank transaction list. This means you can establish the link from both sides of the transfer.

Highest and lowest values in net worth charts

Whenever you look at your net worth over time, we now mark the highest and lowest values in the selected date range. This makes it very easy to compare any data point against the peaks and valleys of your net worth.

You can also hover over the markers to see a horizontal line that allows for quick comparisons.

Provide feedback on AI-detected merchants

We have added the ability to provide feedback on AI-detected merchants. You can now click on the "Feedback" button in transaction sidebar to give us feedback on the auto detection.

Your feedback can include anything that has to do with the concrete transaction, e.g. if the merchant is wrong or if there is no merchant detected, but you would expect us to based on the transaction details.

This will help us improve the accuracy of the AI-detection and make it better for you.

Select transaction filters with the help of AI

In the transactions list, we introduced a new feature to select filters with the help of AI. This makes it way easier to find the right transactions without the need to click through all the filter settings manually.

Just press the AI button, enter your query and we will automatically derive the right filters for you.

Example: "Variable expenses last 30 days"

Expenses by merchant (Top 10)

We have introduced a new metric: "Expenses by merchant (Top 10)". This chart shows you at a glance which merchants you're spending the most money with, based solely on your expenses (not income). The top 10 merchants are displayed, along with their logos and the total amount spent. This makes it easy to identify your biggest spending categories and spot opportunities to optimize your expenses.

You can also click on any merchant in the chart to drill down and see all transactions for that merchant. This will take you directly to the merchant detail page with the filters already set for you.

New home page with AI summary

We have added a new home page that shows you an AI summary of your financial data.

As this feature is still in beta, you will still be redirected to the Assets page after login. Click "Home" in the main menu to access the new home page for now.

Beside the AI summary, this page will also let you know about uncategorized transactions and disconnected bank accounts.

Sample wallets for testing and experiments

We introduced sample wallets as a way to test the product and also make experiments with your actual data.

When you create a new wallet, you can now decide if you want to create a "real" wallet for your own financial data or if you want to use a sample wallet for testing purposes.

Sample wallets can be prefilled with sample data, so you can start right away and see how the product works. You can also create a copy of your own wallet into a sample wallet to test out changes without affecting your actual data (sandbox).

Sample wallets will be automatically deleted after 14 days and there is no limit on the number of sample wallets you can create.

JSON export for generative AI models

We have added a new JSON export for generative AI models. This allows you to get your financial data in a structured form that can easily be understood by state-of-the-art AI models.

The export consists of a data.json which holds the actual data, a jsonSchema.json which describes the structure of the data, and a systemPrompt.txt which includes additional instructions for the AI model. Before creating the export, you can choose the date range for the export.

You can find the export in the settings section of your Walletguide account.

Launching the Walletguide API

We have launched the Walletguide API, which allows you to access all the data from your Walletguide account.

For now the API is read-only and limited to all the standard objects (transactions, assets, etc.), but we will add more functionality (incl. edit functionality and access to reports and KPIs) in the future.

You can create an API key in the wallet settings and find the API documentation at the link below.

New reports section

We have created a new reports section that bundles all of the old analyses we offered before and adds some cool new metrics as well.

The new reports section uses a tabbed layout, so you can easily switch between your net worth and income/expense reports. For both sections, we revamped the metrics completely, adding a sankey chart, a tree map with all your spending by category and a heatmap that shows the development of the most important KPIs over time.

More flexible date range selection for Profit & Loss report

You can now select a custom date range for the Profit & Loss report. This makes it easier to compare different time periods and track your financial performance over time. Previously, you could only select full years. If you wanted to see a different time period, you had to manually add the transactions. That has changed, and now you can select any date range you want.

Reorder assets via drag-and-drop

We have added the ability to reorder your assets and asset groups using drag-and-drop. This makes adjusting the order of the assets to your specific needs much easier and more seamless. You no longer have to manually change the order via naming or the edit menu of a specific asset. You can also drag assets into asset groups to create a better hierarchy.

Improved date range selection

We have improved the date range selector with a more intuitive interface. You can now easily navigate through months, quarters, and years next to the preset options for common time periods (last 30 days, last quarter, year-to-date, etc.).

This enhancement makes it much easier to analyze trends and make meaningful comparisons between different time frames, helping you gain better insights into your financial data without having to manually set the date ranges.

Create stock/ETF transactions from files section

We've added a new feature that allows you to create stock and ETF transactions directly from the files section. When you upload order confirmations, you can now use them to automatically generate transaction records with all the relevant details extracted from the documents. This streamlines your workflow by letting you create transactions right where your files are stored, making portfolio management more efficient.

Introducing a second pricing tier

In order to provide a better experience for the more complex use cases, we have introduced a new pricing structure. From now on, we will offer a Starter and a Pro tier. The Starter tier is for simple use cases and the Pro tier is for more complex use cases with the ability to have more wallets and manage many more assets.

This change will not affect existing users as they will be able to use the Pro plan at no additional cost.

Improved drill-down for reports

We have improved the drill-down for reports. In the past we always sent you to the transaction list when you clicked on a specific number in the Profit & Loss report or any other analysis. From now on, we will show you a small modal that will summarize from which assets the change comes from. You can then click on the specific asset to see more details (e.g., the specific transactions).

Improved workflow to create transfers

We have added a small button in the transaction sidebar to create transfers directly from the transaction list. Before you had to go through the category dropdown and find the "Transfer" category. Now you can just click the button and we will set the category for you.

After clicking the button, we will show a note that there is no counter transaction created or mapped for that transfer yet. You can go ahead and either create the counter transaction in the other asset automatically or choose from an existing transaction.

Improved file uploads and auto-creation of stock/ETF transactions

We have improved the file upload process to support uploading multiple files at once (via upload and drag-and-drop) and added the ability to auto-create stock/ETF transactions from the uploaded files. This makes life a lot easier, as you can just drag your order confirmations on to the detail page of your portfolio asset.

You can assign files to one or multiple transactions (bank transactions, crypto transactions, stock/ETF transactions) and therefore always have the right documents at hand. This becomes especially helpful when working on thing like your annual tax return.

Total value assets with automated updates via FinAPI

Until now, you could connect your bank accounts through our open banking partner FinAPI, but only when importing transactions at the same time. Now, if you don't want to have all the details in Walletguide, you can add an asset and connect it as a total value asset.

New navigation structure

We have redesigned our main navigation to make it easier for you to get to the most important sections more quickly. Profit & Loss is now on the top level, Assets replaces the old Dashboard, and things like Categories, Merchants, and Tags have been moved to the Settings submenu.

Profit & Loss improvements

We have introduced collapsible categories in the Profit & Loss report. By default, the category groups are collapsed to help you see the big picture more quickly. You can always click on a parent category group to see what's inside.

Multi-factor-authentication

Because all the data you provide to Walletguide is very sensitive, we now support token-based multi-factor authentication. You can use the authenticator app of your choice and simply scan the QR code when going through the setup profiles in the user settings.

Introducing FinAPI as our new open banking partner

We have changed our main open banking provider from GoCardless to FinAPI. This allows us to offer many more different account types (savings, loans, etc.).

Launching investment portfolios

After offering cryptocurrency tracking last month, we have now completed the same integration for stocks and ETFs. From now on, you can easily add your buy and sell transactions and we will track the price and performance of each security going forward.

New asset overview page

We have created a new Net Worth / Asset Overview page that shows all of your assets in one place. This new view also replaces the main dashboard. The old dashboard has been moved to the Reports section.

Track your worth without the details - launching total value assets

You can now add assets that allow you to easily update the value from time to time. This is especially helpful if you don't want to worry about detailed transactions and just want to model the total balance.

Introducing crypto currencies

We have launched support for crypto portfolios in Walletguide. For now, you can track Bitcoin and Ethereum, with many other cryptocurrencies to follow. For now you have to enter the buy/sell transactions manually, but we are already working on more automation.

Improved new asset flow

We have redesigned the entire process of creating a new asset. You can now select your asset type first, and then we offer you multiple options for how to connect or manage your asset.

Launching support for multiple currencies

Previously, you could only set one currency for the entire account. Now you can set different currencies for different assets and we do all the heavy lifting in the background.

Improved performance for auto-detecting merchants

When working with thousands of transactions, suggesting merchants for each change becomes very intensive.

We have greatly improved the algorithms so that this process takes only a few seconds in most cases.

Automated merchant detection via our new brand database

After the Google Maps release from last month, we have now introduced further auto-classification using our new brand database. This will auto-classify almost all transactions from known brands.