Monarch Money and Copilot alternatives for Europe

Monarch Money and Copilot Money do not work in Europe, and that is official: Monarch lists availability only in the United States and Canada, and Copilot supports only US banks in the US App Store. The closest European equivalent depends on what drew you to them; for automatic tracking, categorisation and net worth across European banks with a built-in AI assistant, that is Bilance. We make Bilance; the details and sources are below.

The availability facts

• Monarch’s official download page lists the United States and Canada. Europe is not on the list.
• Copilot’s help center says it supports only US financial institutions, is available only in the US App Store, supports only US dollars, and does not convert foreign-currency transactions.

So this is not a price comparison. If you bank in Europe, these apps cannot connect to your accounts at all, however polished they are.

What people want from them, and the European answer

Monarch and Copilot stand for a certain experience: everything connected, cleanly categorised, net worth always current, no spreadsheet work. The European apps that deliver the same formula do it on European open banking:

• Bilance connects 2,300+ banks across the EU/EEA (check yours), categorises most transactions automatically and improves with your corrections, detects subscriptions and recurring bills, and tracks budgets and net worth, in 24 languages. Its AI Chat answers questions from your own numbers, the way Copilot users ask its AI about theirs. Couples can share chosen bank accounts. One honest gap: Bilance tracks investments as manual assets; it does not sync brokerages or update market prices automatically, which Monarch users may miss.
• Wallet by BudgetBakers is the strongest alternative if investment tracking inside net worth matters most: you enter holdings and it updates supported market values automatically. Its recurring payments are scheduled by hand.
• Spendee and Toshl are lighter European trackers; MoneyWiz is a veteran option for Apple devices with deep reporting.

The full field is compared in the best budgeting apps in Europe.

Switching: what happens to your data

Both apps let you take your history out. Monarch exports transactions and balances as CSV from its web app, and keeps that download available even after a subscription ends. Copilot exports transaction CSVs on all its platforms: iOS, iPadOS, macOS and web. Keep those files as your archive.

Bilance has no file import, so that history does not move in. Instead you connect your European banks and recent transactions sync in directly; most are categorised automatically. How far back depends on each bank. For someone moving countries, that is usually the moment the US app stopped working anyway.

Frequently asked questions

Is Monarch Money available in Europe?

No. Monarch officially lists availability in the United States and Canada only, and its bank connections cover North American institutions.

Does Copilot Money work outside the US?

No. Copilot states that it supports only US financial institutions, is available only in the US App Store, and supports only US dollars without currency conversion.

What is the closest European equivalent to Monarch or Copilot?

For automatic tracking, categorisation, net worth and an AI assistant over your own data, Bilance is the closest match on European banks. If automatic investment prices inside net worth matter most, Wallet by BudgetBakers is the stronger fit.

Can I move my Monarch or Copilot history into a European app?

You can export CSVs from both apps and keep them as an archive. Bilance has no file import; your recent history syncs in directly from your connected European banks instead.

Which European apps track investments like Monarch does?

Wallet by BudgetBakers updates supported market values automatically after you enter your holdings. Bilance tracks investments as manual assets, including unit-based tracking with prices you enter yourself.