PFM stands for Personal Finance Management. It’s typically offered through apps that help users understand and manage their finances, such as budgeting, tracking income and spending, monitoring debts and assets, and improving overall financial health. Some banks and financial institutions also offer PFM as a built-in “budget” or insight feature.

Without PSD2 and Open Banking capabilities, a PFM platform can’t securely connect accounts from different banks. That makes it impossible to give users a full, aggregated view of their finances across all their accounts and financial products.

Kreditz enables PFM platforms to securely connect, aggregate, and interpret real-time account and transaction data. This creates a comprehensive financial picture for the user, covering spending, income, assets, and debts in one view.

Kreditz allows users to connect up to five different bank accounts within a PFM platform. For example, someone might use one bank account for salary and bills and another (like AMEX) for daily spending. Kreditz brings these together into one unified financial overview.

Categorization accuracy is the foundation of a strong PFM experience. If transactions are misclassified or left uncategorized, insights become unreliable and users lose trust in the tool. Great categorization is what turns raw transaction data into meaningful financial guidance.

Kreditz delivers around 95–98% categorization accuracy across multiple markets. Transactions are classified into 19 main categories and 89 sub-categories across income, spending, debt, and assets — providing a clear and detailed understanding of financial behavior.

Many PFM apps struggle with categorization, especially ending up with a large “other” category that can represent 40–50% of transactions. That forces users to manually fix categories. Kreditz minimizes “other” through ML/AI and local market expertise, giving users a far more accurate and automated experience.

Kreditz categorization is built on scale and depth:
Over 10 billion transactions processed
More than 1 million transaction tags
Over 100,000 data points used for training and refinement
 This combination of volume, AI, and market knowledge produces consistently high-quality results.

Kreditz offers a uniquely developed solution for the PFM vertical, with configurable features that can be embedded into PFM apps. This lets platforms go beyond data aggregation and deliver real value to users.

Kreditz supports a wide range of customizable PFM capabilities, including:
Budget insights
Income tracking
Spending analysis
Credit engagement
Account and asset management
Affordability assessments
Personalized insights and advice
Alerts for key financial events
Savings goals
Household connection
Financial health scoring
 These tools help users take control of their finances and improve financial well-being over time.

Kreditz helps banks and fintechs deliver a smarter, more trusted PFM experience by combining multi-bank connectivity with market-leading categorization and ready-to-integrate insights. That improves user engagement, supports better lending journeys, and strengthens financial well-being outcomes.