Lumio

Lumio – Smart money for the modern couple is a financial management app designed to help couples track and manage all shared finances. It provides a private and shared space to monitor accounts, expenses, bills, and net worth, with the goal of reducing financial friction and helping couples save together. The app supports connections to over 100 banks and cards, offers expense splitting, recurring expenses, an IOU tracker, and trusted security measures including bank-grade encryption and ISO-27001 compliance. Lumio partners with Moneyhub for data aggregation and is regulated by the FCA as a Payment Services Directive Agent.

How Lumio is Used

• Create a Shared Space with your partner to track all shared expenses, bills, balances, and net worth.
• Connect from 100+ bank and credit card accounts to automatically import transactions.
• Control which bills, expenses, and accounts are shared with your partner.
• Split expenses and settle up anytime with a few taps.
• View spend by category and monitor how much you both spend monthly to identify savings opportunities.
• Use the IOU Tracker to manage informal loans between partners.

Getting Started

1. Invite your partner to your Shared Space.
2. Connect any eligible bank or card accounts.
3. Start sharing expenses and tracking balances in one place.

Security & Privacy

• Bank-grade 256-bit TLS encryption to protect data in transit.
• Credentials are encrypted separately from personal information; Lumio is read-only and cannot initiate transactions.
• Access requires a PIN or biometric ID; the app enforces strong authentication.
• Lumio is regulated and acts as a data controller in the ICO register; uses Moneyhub for data aggregation via secure APIs.
• ISO-27001 information security procedures with regular security training and penetration testing.

Core Features

• Private & Shared Space to track accounts, expenses, bills, and net worth
• Connect 100+ banks and credit cards for automatic transaction imports
• Shared space controls: decide what to share with your partner
• Expense Tracker: see monthly spending and category breakdowns
• Bills & Subscriptions management with automatic sharing and tracking
• Split expenses and settle up in-app anytime
• IOU Tracker to manage informal loans between partners
• Secure, encrypted data with bank-grade protection
• Read-only access to financial data to prevent unauthorized transactions
• FCA-regulated and Moneyhub-backed data aggregation for broad connections
• ISO-27001 information security certification