With Moneyhub announcing its shutdown, thousands of users are seeking a reliable alternative for budgeting and financial management. Emma emerges as the ideal replacement, offering a suite of features designed to empower users in managing their finances effectively.​

Why is Moneyhub Shutting Down?

According to recent reports, Moneyhub will be decommissioned in August 2026.  This development necessitates a transition to a dependable alternative that not only matches but surpasses Moneyhub's capabilities.​

Introducing Emma: Your Comprehensive Financial Companion

Emma is a robust financial management app that consolidates various aspects of personal finance into a single, user-friendly platform.

Here's why Emma stands out as the best Moneyhub alternative:​

🏦 All-in-One Account Aggregation

Emma allows you to securely connect multiple bank accounts, credit cards, and investments, providing a holistic view of your financial landscape. This seamless integration ensures you stay informed about your financial status without the hassle of logging into multiple platforms. ​

📊 Advanced Budgeting & Spending Insights

Emma goes beyond simple budgeting tools by offering a comprehensive and highly customisable budgeting experience:

• Category Budgets – Set spending limits for different categories (e.g., groceries, entertainment, transport) to ensure you stay on track.
• Merchant Budgets – Want to track spending at a specific store or service? Set personalised budgets for individual merchants.
• Pay Period Budgets – Emma syncs your budget to your payday, ensuring your financial plan aligns with your actual income cycle.
• Rolling Budgets – Carry over unused budget from one month to the next, helping you build better financial habits and savings over time.

These smart budgeting features give you full control over your spending, helping you stay financially disciplined and plan ahead with confidence.

🔔 Proactive Bill Tracking & Alerts

Stay ahead of your bills with Emma's proactive tracking system. The app sends timely reminders for upcoming payments, helping you avoid late fees and maintain a positive credit history.

💳 Subscription Management

One of Moneyhub's most useful features was subscription tracking. With Emma, you can identify and cancel unwanted subscriptions, track bill payments, and ensure you're never overcharged.

Emma automatically scans your transactions to detect recurring payments and alerts you to duplicate subscriptions. Many users discover they are unknowingly paying for services they no longer use or even for the same subscription twice. For example, some customers realise they are paying for two Netflix subscriptions due to signing up with different emails or family members forgetting to cancel an old plan. Emma highlights these cases so you can take action and save money instantly.

Additionally, Emma provides reminders for upcoming payments, ensuring you never miss a bill and avoid unnecessary late fees.

📈 Investment Tracking & Opportunities

Beyond budgeting, Emma provides tools to track your investments and explore new opportunities. Whether you're a seasoned investor or just starting, Emma's insights can help you grow your wealth effectively. ​

🔐 Bank-Level Security

Security is a top priority at Emma, ensuring your financial data is always protected with industry-leading measures:

• 256-bit Encryption – All data is encrypted using bank-level security to prevent unauthorized access.
• FCA Regulation – Emma is registered with the Financial Conduct Authority (FCA), ensuring compliance with financial security standards.
• Secure Open Banking Connections – Emma only uses trusted and regulated APIs to connect to your bank, reducing the risk of data breaches.
• Biometric & Multi-Factor Authentication (MFA) – Enable fingerprint, Face ID, or two-factor authentication to add an extra layer of security.
• Read-Only Access – Emma operates with read-only permissions, meaning no one, including Emma, can move or transfer your money.

With these measures in place, you can trust Emma to keep your financial data safe while giving you the best money management experience.

How to Transition from Moneyhub to Emma

Making the switch to Emma is straightforward:​

1. Download the Emma App: Available on both iOS and Android platforms.​
2. Set Up Your Account: Follow the intuitive setup process to create your Emma profile.​
3. Connect Your Financial Accounts: Securely link your bank accounts, credit cards, and investment portfolios to Emma.​
4. Customise Your Budget: Utilise Emma's advanced budgeting tools to set spending limits and financial goals.
5. Explore Additional Features: Take advantage of Emma's investment tracking, subscription management, and bill monitoring functionalities.​

Conclusion: Emma as the Optimal Moneyhub Alternative

With Moneyhub's impending shutdown, transitioning to a comprehensive financial management app is crucial. Emma not only replicates Moneyhub's functionalities but also introduces enhanced features that cater to modern financial needs. From budgeting and expense tracking to investment insights and subscription management, Emma serves as your all-in-one financial companion.​

Take control of your finances today by switching to Emma, the ultimate Moneyhub alternative.