5 ms·

Wesabe Shuts Down

33 points by byrneseyeview 16y ago

ydant 16y ago
I never found Wesabe as compelling as Yodlee or Mint. Mint won in my mind because it did similar things and had similar atmosphere, but without making me do all of the work. That, and I could never keep straight if it was "Wesabi" or "Wasabi". Still, it's a shame they couldn't find a way to make it work.
- Ennis 16y ago
  Wesabe was the only alternative to mint in Canada :(
- cdr 16y ago
  I found Wesabe more compelling, and it's what I've been using for the past 3(?) years. Unfortunately, Wesabe got less functional for me over time instead of more. I liked their philosophy a lot, but they never did a very good job of overcoming their (no doubt difficult) technical issues.
- used2could 16y ago
  Mint is amazing! I've been using it for some time now. I was forcing myself to use it in the beginning but it has really turned into a great service (for free to boot!). When the iPhone app came out I was 100% sold. Heck it even helped me see how much I was paying in fees and finance charges, I ended up canceling several services resulting in some savings.
rendezvouscp 16y ago
Disclaimer: I run a competing service. I’m sad to see Wesabe go; I thought they seemed to get the human aspect of running a service right, and they were forward-thinking with regard to user privacy and making an API available. However, the fact that they’re going to open-source their software should be a great thing for consumers and startups in the personal finance space. I’d say that automatic updating is the biggest pain (so big I’m not even trying to tackle it right now); the fact that software for automatic updating will be available under an Apache license should definitely stir things up.
- kaiserama 16y ago
  Do you have any information about the automatic updating? I had been interested in their API that seemed to have disappeared (now I know why). Also do you have a link to your site? edit I found the information, here: https://www.wesabe.com/groups/222-wesabe-accounts-shutdown/discussions/5216-wesabe-open-source https://www.wesabe.com/groups/222-wesabe-accounts-shutdown/d...
  - rendezvouscp 16y ago
    Yeah, while they haven’t specifically laid out what they’re going to open-source, Marc said in that thread that it’ll be released under an Apache license and that accepting bank passwords is a security concern, so presumably they’re going to release the auto-updating code. My app is called Iron Money: https://ironmoney.com/ https://ironmoney.com/.
sabj 16y ago
More competition always spices things up, so it is sad - but as rendezvouscp notes, maybe good things can be made of the open sourcing! Code (And ideas) live on to blossom another day.
lhnz 16y ago
There is still no Mint in the UK... :/

33 points by byrneseyeview 16y ago

ydant 16y ago

I never found Wesabe as compelling as Yodlee or Mint. Mint won in my mind because it did similar things and had similar atmosphere, but without making me do all of the work. That, and I could never keep straight if it was "Wesabi" or "Wasabi". Still, it's a shame they couldn't find a way to make it work.

Ennis 16y ago
Wesabe was the only alternative to mint in Canada :(
cdr 16y ago
I found Wesabe more compelling, and it's what I've been using for the past 3(?) years. Unfortunately, Wesabe got less functional for me over time instead of more. I liked their philosophy a lot, but they never did a very good job of overcoming their (no doubt difficult) technical issues.
used2could 16y ago
Mint is amazing! I've been using it for some time now. I was forcing myself to use it in the beginning but it has really turned into a great service (for free to boot!). When the iPhone app came out I was 100% sold. Heck it even helped me see how much I was paying in fees and finance charges, I ended up canceling several services resulting in some savings.

rendezvouscp 16y ago

Disclaimer: I run a competing service. I’m sad to see Wesabe go; I thought they seemed to get the human aspect of running a service right, and they were forward-thinking with regard to user privacy and making an API available. However, the fact that they’re going to open-source their software should be a great thing for consumers and startups in the personal finance space. I’d say that automatic updating is the biggest pain (so big I’m not even trying to tackle it right now); the fact that software for automatic updating will be available under an Apache license should definitely stir things up.

kaiserama 16y ago
Do you have any information about the automatic updating? I had been interested in their API that seemed to have disappeared (now I know why). Also do you have a link to your site? edit I found the information, here: https://www.wesabe.com/groups/222-wesabe-accounts-shutdown/discussions/5216-wesabe-open-source https://www.wesabe.com/groups/222-wesabe-accounts-shutdown/d...
- rendezvouscp 16y ago
  Yeah, while they haven’t specifically laid out what they’re going to open-source, Marc said in that thread that it’ll be released under an Apache license and that accepting bank passwords is a security concern, so presumably they’re going to release the auto-updating code. My app is called Iron Money: https://ironmoney.com/ https://ironmoney.com/.

sabj 16y ago

More competition always spices things up, so it is sad - but as rendezvouscp notes, maybe good things can be made of the open sourcing! Code (And ideas) live on to blossom another day.

lhnz 16y ago

There is still no Mint in the UK... :/