Bilance vs Wallet by BudgetBakers

Both are serious European budgeting apps with automatic bank sync and learning categorisation. Wallet offers more features in more places: investments, CSV import, a one-time Lifetime purchase and very flexible group sharing. Bilance is more focused: EU/EEA bank coverage you can check before installing, automatic detection of subscriptions and recurring bills, and one clear view of spending and net worth in 24 languages. We make Bilance, so check every claim: each fact below comes from an official page, checked on the date above.

What Wallet does well

Wallet, by Prague-based BudgetBakers, has been built since 2014 and has a broad feature set:

• Sharing with real permissions. Group Sharing lets the owner give each member admin, edit, read-only or no access per account. Only the owner needs Premium.
• Investments in net worth. Stocks, ETFs and crypto can sit next to bank accounts: you enter your holdings, and Wallet updates supported market values automatically from daily closing prices. Bilance also puts investments, pension and even your home into net worth, with unit-based tracking that shows cost basis and gains, but you update the values yourself. If automatic market prices matter to you, Wallet has them and Bilance does not.
• Data import. The web app imports CSV, XLS and OFX files. Bilance has no file import at all, so if you need to bring in old data, Wallet can and we cannot.
• A one-time purchase option. Besides subscriptions, Wallet sells a Lifetime Premium unlock. Bilance is subscription-only.
• A licence of its own. BudgetBakers is itself a licensed account-information provider in the EEA, supervised by the Czech National Bank.

Where Bilance is stronger

• Coverage you can verify first. Bilance publishes its bank list: 2,300+ banks across the EU/EEA, browsable by country before you install anything. Wallet claims 15,000+ institutions worldwide but publishes no European-only count, and its App Store page still says 4,000 banks.
• Recurring payments are automatic. Bilance detects subscriptions and repeated bills from your transactions and tracks them on their own screen. Wallet’s Planned Payments are useful but you schedule each one by hand, and they are not available in its web app.
• A built-in AI assistant. Bilance’s AI Chat is its own tab in the app: ask about your spending, budgets, subscriptions or net worth, and the answer comes from your own numbers, with an explanation. Wallet’s MCP integration (beta, Premium) takes a different route: it connects your Wallet data to an external AI assistant that you set up separately.
• Everything included. Bank sync sits behind Wallet’s Premium plan next to a free manual tier. Bilance has no permanent free tier: it is one paid subscription with everything in it, and most new users start with a full-featured trial; the exact terms are shown in the app before you pay.

How we tested

We compared Bilance and Wallet across bank sync, automation, recurring payments, net worth, sharing, platforms, and pricing model. Every non-Bilance fact in the table comes from the vendor’s own website, help centre, legal documents, or app store listing, opened on the date shown with that cell’s source link. Where we could not verify a point, the table shows a dash instead of a guess. Bilance behaviour was checked in the current product. We did not run hands-on device tests of the other app for this article. The verdict is our editorial judgment, not a scored ranking, and we recheck the facts every two months.

Side by side

Both apps categorise automatically and learn from corrections; that one is honestly a tie. And both depend on each bank’s own interface quality, so sync reliability varies by bank for both.

Switching from Wallet

Wallet can export transactions as CSV or XLS (a Premium feature; on iPhone the export runs through its web app), and BudgetBakers itself recommends regular exports as a personal backup. Budgets and recurring setups are not part of the export. Bilance has no file import, so the history does not move in: you connect your banks and recent transactions sync in directly, already categorised; how far back depends on each bank.

Which one is for you?

Choose Wallet if you want market prices updating your investments automatically, need to import old data from files, prefer a one-time purchase over a subscription, or need per-member permissions in a shared group.

Choose Bilance if you want to confirm your banks are covered before you start, want subscriptions and bills found for you instead of scheduled by hand, or you and your partner want a simple shared view of chosen accounts. When a financial month completes, a Monthly report sums it up: what came in, where it went, which budgets held. That focus, doing the work for you across European banks, is what Bilance is built around.

Frequently asked questions

Can I move my Wallet data into Bilance?

Not as a file. Wallet exports CSV or XLS (Premium), which you should keep as an archive. Bilance has no file import; your recent history syncs in directly from your connected banks; most transactions are categorised automatically.

Which app finds subscriptions automatically?

Bilance detects subscription patterns in your synced transactions and suggests them; once you confirm, each is tracked with its amount, next date and paid status. Wallet Planned Payments are useful but each one is scheduled by hand.

Which app is better for tracking investments?

Wallet, if you want market prices updated automatically: you enter holdings and it refreshes supported values daily. Bilance tracks investments as manual assets, including unit-based tracking with prices you enter yourself.

Do both apps work on iPhone and Android?

Yes. Wallet also has a web app with a reduced feature set; its budgets and planned payments are mobile-only. Bilance is built for iOS and Android.

For the wider field, see the best budgeting apps in Europe.