Revolut, a well-known fintech startup, has announced an update to its app that includes new features for managing personal finances. Users can now set budgets, track their spending in real time, and receive personalized savings tips. These innovations are aimed at helping customers better control their finances and make more informed decisions.

With the new budgeting feature, users can set limits on different spending categories, such as food, entertainment, and transportation. The app will notify them when they are approaching their limits, which encourages more conscious spending. In addition, the spending insights system provides users with reports and recommendations on how to optimize their budget, allowing them to save more. This update highlights Revolut’s commitment to making financial services more accessible and understandable to a wider audience.