Confused.com takes on Microsoft with personal finance tool

Price comparison site Confused.com is readying the launch of a free personal finance tool that the company says will “take on Microsoft Money”.

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Nugget by Confused.com will automatically download and categorise users’ personal spending, making it easy for them to organise their finances.

The product will support all major banks, allowing users to sync their credit and debit card data.

Nugget will also offer e-mail alerts to inform users if any large purchases have been made or whether there has been any unusual activity on their accounts.

The launch is being led by Tom Beverley, Confused.com’s digital marketing director.

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