Try typing "budgeting" into the search field on Google Play or the iOS App Store, and surely you will prompt hundreds of results. With the surge of fintech, companies have found the perfect way to target users by incorporating the most common financial management features and delivering apps that cover basic budgeting. In this article, we will review questions like “Are budgeting apps safe?”, as well as the best budgeting apps available to you. Hint: there are some great budgeting apps out there!

But we must include the fact that the rapid success of budgeting apps caused many companies to enter the market. As a result, instead of resolving to solve actual everyday financial issues, service providers cluttered users with unnecessary apps. Most of these platforms are similar to one another, and while enhancing one or two features, they still come up with identical services - some even ask you to input transactions by hand 🤦.

The recent changes in the European banking scene encouraged OSOM to take action. After the PSD2 ("Second Payment Services Directive") was passed, enabling customers to share their account information (balances, transaction history) with regulated third parties who can add value, we discovered that the best way to improve the customer experience in finance is to put everything into one handy app. This way, consumers don’t have to juggle numerous applications and still have greater control over their money.

Let’s take a look at Google Play’s the top five personal financial management apps and identify what we'd like to work even better.

How Is OSOM Different from Other Financial Management Apps?

Our primary goal was to develop an app that could address all that today's consumer needs with a pleasant UX experience. But our words would be empty if they were not backed by evidence. That’s why we want to highlight OSOM's advantages when compared to other budgeting apps to help you decide whether OSOM is right for you.

The top five apps on Google’s list are Mint, Qapital, Wallet, Clarity Money, and Honeydue. They offer some great features like the ability to check your credit score, take out loans, track spendings, optimize your budget, and even share a budgeting sheet for those in a relationship. However, solely planning isn’t enough to handle money most effectively.

Our goal is to help users better comprehend what’s happening with their finances, which is just how you can make smarter choices, and thereby save and grow your money.

Despite helping to better educate our customers in financial literacy, we also plan to integrate necessary services to enable users to experience a universal banking experience. When consumers have access to all the features they are looking for on one simple app, they don’t need to waste energy on other platforms.

How Do We See a Universal Banking Experience?

Basic features like fast payments, digital money transfers, a spending tracker, and much more are essential for an intelligent financial app. But we aspire to make OSOM suitable for different users’ needs. That encouraged us to incorporate token exchanges and crypto wallets.

Over the last decade, cryptocurrencies have reached a broad audience and proved that alternative payment methods are possible. Currently, there are more than 1600 virtual assets each with their own sets of features, yet Bitcoin holds the most substantial market influence. Bitcoin represents 50% of the value of all the crypto assets combined.

If you’re curious about trends, then buying and selling tokens has probably crossed your mind. However, many people don’t even begin trading because they are intimidated by the complexity of token exchanges and digital wallets.

Whether they end up with several platforms or can’t find the one that best suits their requests, it can cause them to lose money and interest in the crypto markets altogether.

OSOM wants to help avoid this scenario by creating exchange and wallet features that are safe, affordable and most importantly, easy-to-navigate and understand; to build a user-friendly system that would simplify daily token trading without ripping you off.

Additionally, we allow users to link their existing exchanges and wallets, so they don't have to stress over which accounts to keep and get rid of. Think of it as a control tower for your assets.

More OSOM Features

Comprehensive dashboard

When you open the app, you should be able to see everything that’s going on with your money. All of the information should be accessible with the click of one button.

Many users complain that because of needing to manage their assets on different platforms, they lose grip on their finances, and instead of monitoring funds, they have to manage apps. The worst thing is that it does not only waste time, but it can also lead to money leaks. Thanks to the extensive OSOM dashboard, you won’t miss a thing.

Fast payments

And we don’t just mean fiat transfers - we mean everything that you need: pay with tokens or fiat with no hidden fees. Don’t limit your payment options - discover new possibilities with fast and secure money transactions.

No need for new accounts

Whenever a new service provider enters the market, in order to use it, one must open a new account. After already managing several profiles, it's normal to be frustrated by having to do this.

At OSOM, we don’t ask you to open a new account. Instead, we encourage you to link your existing ones and manage your money. We are happy to help you find a suitable service and save or make more money, regardless of where it is. Whether you pick OSOM or another provider, you can connect it back to us, so we can help you better assess what you need most.


No, it’s not the name of a sci-fi novel, it’s a new feature that aims to further improve the user experience. Robo-advisory is based on artificial intelligence (AI) technology, which allows us to conduct a more all-inclusive service. The goal of robo-advisory is to help you with token exchanges and distribution.

Modern users often get carried away with daily tasks and don’t have enough time to keep up with the fast-paced crypto market. We understand that, and that’s why our robo-advisor should be your first choice for token assistant. This technology assists in intelligent portfolio management. Also, it’s completely digitized, which helps eliminate the potential for human error and avoid biased advice when it comes to token trading.

Nowadays, consumers have more choices than ever for their financial services providers. You have the freedom to try different platforms and choose the one that best meets your needs. However, with a wide range of options comes frustration and confusion. At OSOM, we strive to help you avoid going through unnecessary pains by delivering it all on one handy app. Discover it yourself.