Wesabe was a personal finance management website established in December 2005[1] that analyzed a user's financial data to provide appropriate advice on how to save money.
[3] The company behind the website announced on 20 June 2007 that it had secured a US$4 million investment round to continue funding the website.
[4] Wesabe announced 30 June 2010 that it was shutting down service on 31 July 2010.
[1] Existing users were able to download and export their data,[5] and use a forthcoming open source version of the site on their computer.
[6] New entrants are competing for the PFM market by supplying personal finance tools through employer HR departments.