Spendee and Wallet by BudgetBakers are both solid budget apps, and both are built in Prague. The short answer: pick Wallet if you want to share accounts with a partner, see a balance forecast from planned payments or track investments; pick Spendee if you want a simpler app with AI receipt scanning and a cheap entry tier. Neither does invoicing or taxes, so freelancers will hit a ceiling with both.
Disclosure: I build a competing product (MoneySky), so below I only state what the two companies publish themselves, and say where that is unclear.
Spendee vs Wallet at a glance
| Feature | Spendee | Wallet by BudgetBakers |
|---|---|---|
| Company | SPENDEE a.s., Prague 7 | BudgetBakers s.r.o., Prague (founded 2014) |
| Free plan | 1 cash wallet, 1 budget | Manual tracking |
| Bank sync | Premium, 2,500+ providers | Premium, 15,000+ banks |
| Share bank-synced accounts | No (manual wallets only) | Yes, Group Sharing with roles |
| Balance forecast | Light view of scheduled items | Yes, from planned payments |
| Stocks and ETFs | No | Manual tracking |
| AI receipt scanning | Yes (Premium) | Unclear (help centre says no OCR) |
| AI assistant (MCP) | No | Beta, Premium |
| Invoicing | No | No |
Two Prague companies, two philosophies
Spendee is run by SPENDEE a.s. from Holešovice; its store listings say almost 3,000,000 people use it. Wallet comes from BudgetBakers, founded in Prague in 2014, with 10M+ downloads on Google Play. Both are mature products used far beyond Czechia.
The difference is in what they optimise for. Spendee keeps the app simple and visual. Wallet goes deeper: planned payments, forecasting, investments, an API. If you want to open the app, glance and close it, Spendee is lighter.
Pricing and free plans
Both sell mainly through the App Store and Google Play, where prices often appear without a billing period.
| Plan | Spendee | Wallet by BudgetBakers |
|---|---|---|
| Free | Basic: 1 cash wallet, 1 budget | Manual tracking, no bank sync |
| Cheaper paid tier | Plus: $1.99/month or $14.99/year | None, Premium only |
| Premium monthly | $5.99 (CZ App Store 129 or 149 Kč) | Likely €5.99 or 129 Kč (period not labelled) |
| Premium yearly | $35.99 | Likely €29.99 or 699 Kč (period not labelled) |
| 3-year plan | No | €59.99 or 1,290 Kč |
| Lifetime | From 1,190 Kč, €69.99 in the Irish store | 1,190 Kč or €49.99 |
| Trial | 7 days, payment details required | Free start, no card required, length not published |
Prices as listed on the providers' websites and in the App Store in October 2026. App Store prices include local VAT. Check their pricing pages before you decide.
Spendee publishes its prices on its pricing page and notes they can differ by country. Plus adds shared wallets. Premium adds bank sync, PayPal and the AI receipt scanner. Lifetime Premium is a one-time purchase sold only in the app stores. The Czech App Store shows several Lifetime prices (1,190, 1,290 and 2,790 Kč), so expect offers to vary.
Wallet does not publish a public price list. Its help centre says Premium comes monthly, yearly or lifetime, priced in the app; the App Store adds a 3-year plan. The Czech store lists Premium at 129, 399 and 699 Kč without periods, so the monthly and yearly mapping in the table above is my reading, not an official statement.
If you want to pay once, the cheapest Czech App Store Lifetime price is 1,190 Kč for both.
Bank connections
Bank sync is a paid feature in both apps.
Spendee says it connects to more than 2,500 financial providers across 50 countries, and Czechia is on its supported-countries list. It does not name individual Czech banks. Its privacy policy names Salt Edge and Plaid as the processors that handle the connections.
Wallet claims over 15,000 banks worldwide (the iOS description still says 4,000, which looks stale). The more interesting part is how it connects. For accounts in the EEA, BudgetBakers itself is a licensed account information service provider supervised by the Czech National Bank. It does not route your Czech bank connection through a third party. Outside the EEA it uses Salt Edge and Yodlee.
Neither company publishes a bank-by-bank list for Czechia that I could verify. If you bank with ČS, ČSOB, KB, Fio, Air Bank, Moneta, Raiffeisenbank or Revolut, check the bank picker in the app during the trial before you pay for a year.
Sharing with a partner or family
This is the clearest functional difference.
In Spendee, shared wallets are available on Plus and Premium. Only the owner pays, guests can be free users. But, according to Spendee's help centre, bank-connected wallets cannot be shared. You can share a manual wallet where both of you type in expenses, but not the account that syncs from your bank.
In Wallet, Group Sharing is a Premium feature for the owner, and members do not need Premium. The owner creates one group and shares selected existing accounts, each with its own role: Admin, Track & read, Read only or No access. For a couple who want to see a joint account and keep personal accounts private, this is the better model. If shared bank-synced accounts are the reason you are switching, test it during the trial.
Budgets, planned payments and forecasting
Spendee has category budgets with a daily allowance. Budgets are only in the mobile apps for now; the web app does not have them yet. Scheduled transactions only work for manual (cash) wallets. A recent update shows upcoming scheduled income and expenses in the charts and adds a calendar view. It is a useful look ahead, not a balance forecast.
Wallet goes further. Planned payments (including suggested recurring ones) feed into expected cash balances, and the app lists balance predictions as a feature. Budgets were redesigned in June 2026 and now include a forecasted spend breakdown. If your question is "will I have enough left on the 25th?", Wallet answers it and Spendee mostly does not.
Investments and crypto
Spendee can connect a Coinbase wallet. Stocks and ETFs are not part of the product.
Wallet has an Investments section on Premium. You add stocks and ETFs manually (you cannot link a broker), and it shows the last close and 30-day movement on mobile, longer price history on the web, with the portfolio balance updated daily. Crypto is supported, though not every coin. BudgetBakers does not mention dividends or realised and unrealised gains, so treat it as a net worth view, not portfolio software.
Receipt scanning and AI
Spendee has Magic AI Scan on Premium: photograph a receipt and it fills in the amount, category and labels, in multiple languages. It arrived with the 6.0 redesign in August 2026.
Wallet is contradictory here. Its download page lists receipt scanning, but its own help article says OCR is not supported in the app. I would not buy Wallet for receipt scanning. Where Wallet leads is AI assistants: it has an MCP server that lets Claude, ChatGPT and similar assistants read your balances, transactions and budgets, with write access opt-in. The help centre labels it beta and Premium only.
Both apps categorise bank transactions automatically. Neither has a built-in AI chat inside the app.
Apps, web, widgets and offline
Spendee: iOS, Android, a Mac and visionOS build, and a web app with bulk editing, CSV and XLS import and detailed filters (but no budgets). Home-screen widgets arrived in October 2026. Apple Watch is not listed. Offline use is not documented.
Wallet: iOS, iPad, Mac, visionOS, Android and a full web app. Offline mode is listed as a mobile feature. Widgets are referenced in the help centre. Apple Watch is not listed in the App Store compatibility either.
Is Spendee safe? Is Wallet safe?
Both are established companies, and both use PSD2 account information access for bank sync. That kind of access is read-only: the app can see balances and transactions, it cannot send payments. The differences are in who sits in the middle and where data lives.
Spendee connects banks through Salt Edge and Plaid. Its privacy policy says its database servers are in the EU (Belgium) and in the USA. The Google Play data safety section says no data is shared with third parties; the App Store privacy label lists advertising and usage data linked to you.
Wallet holds its own Czech National Bank licence for EEA bank access, lists ISO 27001, PCI DSS and GDPR on its security page, and hosts on AWS (the region is not stated). Data sits on your device first and then syncs to the cloud. For non-EEA banks it uses Yodlee, with transfers to the US covered by standard contractual clauses.
Both are reasonable. If "who has my bank data" is your main worry, Wallet's direct licence gives it the edge.
Business features
Neither app is built for business. No invoices, no VAT, no tax estimates. BudgetBakers has a separate app called Board for small businesses (cash-flow forecasting, budgets, pending-invoice tracking), but it does not create invoices and there is no documented link between Board and Wallet.
Verdict: who should choose what
Couples with joint bank accounts: Wallet. Spendee cannot share bank-connected wallets.
Solo user who wants it quick and visual: Spendee Premium, especially if you like snapping receipts.
Shared cash or household spending on a tight budget: Spendee Plus at $14.99 a year.
Planners who want to see next month's balance: Wallet, for planned payments and balance predictions.
Someone with a few ETFs and some crypto: Wallet, with the caveat that it is manual and basic.
Laptop users: Wallet, because Spendee's web app lacks budgets.
Freelancers and anyone mixing personal and business money: neither on its own. See below.
When you need more than a budget app
MoneySky is not a better Spendee or Wallet for household budgeting. It is for people whose money is not only personal. If you are an OSVČ or run a small s.r.o., you also need to issue invoices, match payments, watch the VAT threshold and estimate tax and insurance. That is what MoneySky adds on top of budgets: bank sync with 2,686+ banks across the EU, EEA and UK via GoCardless (you can check yours on the supported banks list), eToro and crypto exchange sync, invoicing, and Czech tax calculations from the same data.
The gaps are real. There is no native mobile app (it is a web app you can install on your home screen), no offline mode, no lifetime plan, no balance forecast like Wallet's, and at €7.99 a month or €79.90 a year (pricing) it costs more than either of them. If you only need a household budget, stick with Spendee or Wallet.
I have written longer, one-on-one comparisons: MoneySky vs Spendee and MoneySky vs Wallet by BudgetBakers. If your finances mix personal and business, you can try MoneySky free for 14 days, no card required.
FAQ
Is Spendee safe?
Yes, for a budget app it is a reasonable choice. Bank connections run through Salt Edge and Plaid using read-only access, so Spendee cannot move money. Data is stored in the EU (Belgium) and the USA.
Is Wallet by BudgetBakers safe?
BudgetBakers is licensed by the Czech National Bank as an account information service provider for EEA banks and lists ISO 27001, PCI DSS and GDPR compliance. Access is read-only. Data is hosted on AWS; the region is not published.
How much does Wallet by BudgetBakers cost?
Manual tracking is free. Premium is sold monthly, yearly, for three years or for life, with prices shown in the app. In the Czech App Store, Lifetime is 1,190 Kč and 3-year is 1,290 Kč; the other Premium prices (129, 399 and 699 Kč) are listed without their billing period.
Is Spendee free?
The Basic plan is free with one cash wallet and one budget. Shared wallets need Plus or Premium; bank sync and AI receipt scanning need Premium. There is a 7-day trial that requires payment details.
Do Spendee and Wallet work with Czech banks?
Both cover Czechia, but neither publishes a bank-by-bank list I could verify. Check your bank in the app during the trial before paying.