Launched this week
Lums
Chat with your money and let Lums build your budget.
175 followers
Chat with your money and let Lums build your budget.
175 followers
Save time and money with intuitive AI money management. Build your budget in 2 minutes, manage multi-currency accounts, and let Lums auto-categorize every transaction for total financial clarity. What recurring charges do I have?” to find hidden costs.
Tracking money gets messy when it is split across cards, cash and different currencies. What helped in Lums is having everything in one place instead of jumping between diff apps. Transactions get organized automatically, recurring payments are easier to keep track of and the charts make it simpler to see where the money is going.
A lil question for you: How this handles transfers between accounts in different currencies does it recognize those automatically or do they need some setup?
@mattias_blomqvist This is indeed a challenge with multi-currency transfers.
Lums can automatically detect transfers as long as the amounts match when applying the exchange rate of the transaction day. In practice, this doesn’t always happen because banks often keep a fee or apply slightly different FX rates, so the amounts may not line up exactly.
When amounts don’t match exactly, Lums still flags transactions that are likely to be internal transfers using a similarity threshold (timing, amount proximity, and account relationship). In those cases, we suggest the transfer to the user, who can confirm it by selecting the corresponding transaction.
This is an area we’re actively improving.
I like that I don’t have to open the app all the time. The alerts let me know when something important comes up like a paycheck or spending going over what I expected. That’s enough to stay on top of things during the week without constantly checking. It keeps money tracking simple and less stressful.
@hannah_krause1 Love hearing this, that’s exactly what we’re aiming for.
One of our core goals with Lums is to keep you aware of your finances without needing to open the app constantly, while still giving you the option to dive deeper whenever you want. Alerts are meant to surface what matters in the moment, and the app is there when you want more context and analysis.
Really appreciate you sharing this. Feedback like this helps us validate we’re striking the right balance.
@marionkesteloot @luisa_montanez Really nice work on Lums. The concept is clear and the product feels useful from the first glance. I spent some time reviewing the site and found a small gap in how the experience is explained to new users.
I quickly mapped a better flow around that. No pitch here just sharing value if you want to see it :)