Penge vs Spendee
Co-founder of Penge · Published 9 September 2026 · 5 min read
Penge puts no limit on budgets or manual cash accounts. Spendee Basic allows one budget and one cash wallet, while its paid plans make both unlimited and add shared wallets. Spendee also supports multiple currencies, crypto and e-wallets, Android and web.
Key takeaways
- Spendee Basic is free with one cash wallet and one budget. Plus is $1.99 a month or $14.99 a year, and Premium is $5.99 a month or $35.99 a year. Prices may differ by country.
- Penge is free with no ads, and there is no cap on budgets or manual cash accounts.
- Spendee is strong on multiple currencies, crypto and e-wallets, which matters if your money is spread across those.
- Penge is strong on Nordic bank coverage: 2300+ banks in 30+ countries, with subscription detection on top.
- Automatic bank sync needs Spendee Premium, $5.99 a month or $35.99 a year. In Penge, bank sync is free.
- Spendee is on iPhone, Android and web, although budgets are not yet on its web app. Penge is on iPhone.
The short version
Spendee suits people who need multiple currencies, crypto, e-wallets, shared wallets or Android. Penge suits people with several Nordic bank accounts who want unlimited budgets and manual cash accounts at no cost. The biggest free-tier difference is concrete: Spendee Basic stops at one budget and one cash wallet, while Penge does not.
| Penge | Spendee | |
|---|---|---|
| Price | Free, no ads | Basic free; Plus $1.99/month or $14.99/year; Premium $5.99/month or $35.99/year[1] |
| Free-tier limits | Unlimited budgets and manual cash accounts | One budget and one cash wallet[1] |
| Bank connections | 2300+ banks in 30+ countries | Premium, with its own bank list[1] |
| Several currencies | Original amount when supplied by the bank, plus the settled or converted amount | Yes, one of its main features: full multi-currency support |
| Crypto and e-wallets | No | Yes |
| Languages | English, Norwegian, Swedish and Danish | Multiple languages |
| Platforms | iPhone | iPhone, Android and web; budgets are coming to web[1] |
What Spendee is better at
- Multiple currencies.
- Crypto and e-wallets.
- Shared wallets on the paid tiers, which Penge has no equivalent of.
- Android and web today.
What Penge is better at
- The free tier is the whole app. No cap on budgets, manual cash accounts, categories or connected banks.
- Nordic bank coverage through 2300+ banks in 30+ countries, with several connections to the same bank allowed.
- Recurring charges found for you across every connected account, with what each costs per month.
The free tier is the real comparison
One budget is enough to try Spendee, but it cannot track several spending limits separately. Basic also stops at one cash wallet. Penge does not impose either cap, so you can create the budgets and manual cash accounts you need without moving to a paid plan. Bank sync sits behind the same wall: on Spendee it needs Premium, so if automatic bank connections are why you want the app, the real comparison is free against $35.99 a year.
Spendee's pricing page lists US dollar prices but says prices may differ by country. Check the amount shown for your country before subscribing.
The other half of the decision is whether your banks are reachable at all. See the banks we support
Get a full overview with Penge
Connect your bank and let the app categorize and budget automatically.
Sources
Frequently asked questions
- Does Spendee support Nordic banks?
- It has its own supported-bank list and it does cover parts of Europe. Look up your specific banks there rather than assuming, the same as you should with us.
- Can I track foreign currency in Penge?
- Yes. When the bank supplies the original foreign amount, Penge shows it with the settled or primary-currency amount. Otherwise, Penge shows the transaction currency and an approximate conversion to your primary currency when an exchange rate is available.
- Does Penge handle crypto?
- No. If crypto and e-wallets are a meaningful part of your finances, Spendee covers ground we do not.
- Do I have to pay to connect my bank in Spendee?
- Yes. Automatic bank connections are part of Spendee Premium, $5.99 a month or $35.99 a year, and Spendee has its own list of supported banks. In Penge, connecting your banks is free.