Leader in On-Line Envelope Budgeting Brings First Comprehensive Envelope Budgeting App to iPhone® and Android™

SOUTH JORDAN, Utah, Feb. 17, 2011 /PRNewswire/ -- Finicity® Corporation, the developer of Mvelopes, the only award-winning, comprehensive envelope budgeting system on the Internet, announces the new Mvelopes app for Apple® iPhones and Android smartphones.  

(Logo:  http://photos.prnewswire.com/prnh/20110217/SF42383LOGO)

"This is a great day for current Mvelopes users and for anyone who wants a complete envelope budgeting solution for their smartphone," said Steve Smith, President of Finicity.  "We have invested significant resources to make sure the Mvelopes app exceeds the expectations of iPhone and Android users and provide the most comprehensive and easy-to-use tool available to do personal envelope budgeting with a smartphone."  

Mvelopes is the first personal envelope budgeting app to offer real-time synchronization with a web-based client server.  This means users can access, add, change, or delete their financial data while on the go.  Mvelopes also allows simultaneous access by multiple users.  One household member could be checking balance information from a store check-out line at the same time another household member is entering data from a home computer or his or her own smartphone.  Mobile users can even use their smartphones to take pictures of receipts and attach those pictures to transactions as documentation.

The Mvelopes app provides location-based services using the latest in proximity technologies.  Using the Check-In feature, Mvelopes users can automatically create expense transactions from checked-into locations.  The app also uses location-sensitive envelopes to let users quickly see envelope balances and spending categories typically used at checked-in locations.  

Tyler Park, Director of Product Management, explained, "Because the applications are so easy to use, people can jump into the apps while waiting in line or grabbing a bite to eat.  They can assign transactions or match up pending transactions, quickly and easily updating their finances without having to wait until they get home to their personal computers."

The Mvelopes iPhone app is available now in the Apple Apps Store.  The Mvelopes Android app will be available in the Android Market.  Learn more about the Mvelopes app, Mvelopes, and Finicity Corporation at www.mvelopes.com.

Finicity Corporation was founded in 1999 and is a leading Internet and mobile software services company specializing in personal financial productivity applications.  Mvelopes, first released in 2002, is the leading personal envelope budgeting solution available today.  Honors include: PC World 2006 World Class Award; Named one of "The 100 Best Products of Year" by PC World's editors; and Named one of "The 4 Best Money Managers" by Success Magazine.  Envelope budgeting principles are used by millions of people throughout the world.  These principles teach users to initially allocate their income to spending categories, called envelopes, and to spend from individual envelopes for expenses assigned to those envelopes.  

SOURCE Finicity Corporation