What if your banking app could answer money questions instead of simply showing numbers? Lucie Money is taking a conversational approach with real-time Open Banking data.

Lucie Money, a Sydney-based fintech company, has launched a new way for Australians to manage their money using AI. The app can securely connect to a user's bank account and, with their permission, access information such as transactions, account balances and spending activity. This means users do not have to manually upload bank statements or enter their expenses into the app. The connection is made possible through Australia's Consumer Data Right (CDR) Open Banking system and Fiskil's banking technology.

Your money questions could soon feel more like a conversation

Instead of making users study charts and dashboards, Lucie Money is designed to let them simply ask questions. Users can ask whether they can afford something, whether a bill is covered, or how their spending has changed since the previous month. The AI-enabled agent then responds in plain language. The idea is to make everyday financial decisions easier without forcing people to interpret complicated financial information.

Anthony Voigt, founder and CEO of Lucie Money, said, “Lucie Money starts with bank data, collected securely and categorised properly. Then it helps with budgets and goals, and knowing whether you’ll get there.”

Big expenses could become easier to plan

The platform is also being built to help users prepare for major one-off expenses. For example, someone planning an overseas holiday could discuss savings options, weekly targets and the financial impact of using emergency funds.

Voigt said Lucie Money aims to give people an agent by their side rather than leaving them to work everything out themselves.

Privacy is another important part of the product. The company says sensitive financial information is kept away from publicly available large language models. However, Lucie Money remains in build, with a waitlist open and no public user numbers yet disclosed.

Fiskil provides the Open Banking bridge

Fiskil holds the CDR accreditation, while Lucie Money operates as its CDR representative. This allows Lucie Money to access Open Banking data without obtaining its own accreditation. Fiskil says its API connects with more than 200 banks, lenders and energy providers across Australia and New Zealand. Its CDR data coverage includes account information, transactions, balances, direct debits, scheduled payments and payees.

Jacob Parker, Fiskil’s founder and CEO, said the Open Banking connection can provide real-time bank data synchronisation, stronger security, time savings and personalised insights.

Could conversational finance become the next step?

Lucie Money believes this launch is only the beginning. As Business Fortune observes, the company wants to build a wealthtech app that can support people at the moment they make financial decisions, rather than simply showing them what happened in the past. If the technology works reliably as the product grows, conversational AI combined with Open Banking could change how consumers interact with their finances.

 

FAQs

What is Lucie Money?

Lucie Money is an Australian fintech building a conversational AI money assistant for budgeting, financial goals and everyday money decisions.

How does Lucie Money get bank data?

It uses Fiskil’s infrastructure and Australia’s Consumer Data Right framework to access Open Banking data with customer consent.

What can users ask Lucie Money?

Users can ask about affordability, bills, spending changes, savings goals and plans for larger expenses.

Does Lucie Money use sensitive financial data?

Yes. The app uses customers’ consented banking information. The company says sensitive financial information is kept out of publicly available large language models.

Is Lucie Money available to everyone yet?

The company is still in build and currently has a waitlist. It has not publicly disclosed user numbers.