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MyFinanceMate vs PennyWise: catalog facts
MyFinanceMate	PennyWise
Free Free and open source under the MIT licence.	Free Free and open source under AGPL-3.0-only.
Android	Android
Logs transactions automatically from bank SMS Local storage with no ads or trackers	Automatic expense tracking from bank SMS No sign-up and no cloud processing
Depends on your bank sending SMS alerts Needs permission to read SMS	Requires SMS read permission Only useful if your bank sends transaction SMS
Downloadable app	Downloadable app
Open source	Open source
License: MIT	License: AGPL-3.0
No account needed	No account needed
Works offline	Works offline
Official website Full listing and sources Checked October 2, 2026	Official website Full listing and sources Checked October 2, 2026

Catalog facts only. Anything “not stated” is unconfirmed. Check full listings for details.