These two get compared constantly and they should not be. PocketSmith is a paid tool for seeing your money years ahead. Frollo is a free Australian app that tracks your spending for you. Picking between them is really a question about which of those two jobs you want done.
We build one of the tools on this page. That is exactly why the verdict below names a competitor first when a competitor is the better answer: on this page, for most people, it is.
Checked July 2026. Prices and features change; check before you sign up.
The short answer
If you want free automatic tracking
Australian, genuinely free with no paid tier waiting for you, and it pulls in your transactions from more than 100 Australian banks and lenders through . If the question is where the money went, this is the answer and it costs nothing.
If you want to see your cash flow years ahead
Shows your cash flow up to thirty years ahead, handles multiple currencies, and lets you budget by calendar date and build your own dashboards. Paid plans start at $14.95 a month. It is the best forecasting product in this market and we are not going to pretend otherwise.
If you have a tax, super or property decision to make
Should spare cash go into super or off the home loan? How much will your grow this year? What would the same house cost in in another state? Neither app knows Australian tax rules, because neither was built to. That is the gap Funance exists to fill.
Side by side
| PocketSmith | Frollo | Funance | |
|---|---|---|---|
| Cost | Free tier is manual entry only; paid from $14.95 a month | Free, no paid tier | Free tier; Pro $9.90 a month or $79 a year |
| Pulls in your bank transactions | Yes, 12,000+ banks worldwide | Yes, 100+ Australian banks via | No, by design |
| Built for Australia | Built in New Zealand for a global audience | Australian | Australian |
| Knows Australian tax and super rules | No | No | Yes: tax, , , super |
| Looks ahead | Cash flow up to 30 years ahead | Limited | What-if planning on Australian rules |
| On your phone | Mainly web, with a companion app | Built for phones | Runs in the browser, with a phone view for bills |
| Best at | Long-range cash flow forecasting | Free automatic tracking | Australian money decisions |
Checked July 2026. Prices and bank counts change, so check with each provider before you sign up.
Not sure what a term means? Hover over or tap anything with a dotted underline, or browse the plain-English glossary.
There are two different jobs here and almost every app only does one of them. Tracking looks backwards: what did I spend, where did it go, am I over budget. Planning looks forwards: should spare cash go into super or off the mortgage, how much will my grow, would buying in a different suburb change the enough to matter.
Frollo does the first job well and charges nothing. PocketSmith does something close to the second, but forecasting is not the same as deciding. Seeing your cash flow thirty years out is useful. It does not tell you whether the extra thousand dollars should go into the , the super fund or the credit card.
Work out which job you want done before you pick either. It matters more than the feature lists do.
Frollo is free and it is properly free. There is no paid tier, no trial that runs out, no upsell six weeks in. It pays its way by running services for other businesses, which is worth knowing but is not the same thing as selling your data.
The standout feature is the Financial Passport: a downloadable summary of your income, spending, what you own and what you owe over the last twelve months. If you are about to sit down with a mortgage broker, that document saves you a genuinely annoying afternoon.
If you want automatic tracking and you do not want to pay, stop reading and go and get Frollo.
PocketSmith has been going since 2008, it is self-funded, and it is what people move up to when a simple tracker stops being enough. The free tier is manual entry only, so the paid plan is the product.
Two honest caveats. It is mainly a web product with a companion mobile app rather than a full one, so if you want to do everything from your phone it will frustrate you. And it was built in New Zealand for a global audience, which means it handles Australian bank accounts perfectly well but knows nothing about Australian tax rules: no ATO tax brackets, no repayment thresholds, no state .
For a lot of people that last point does not matter. For anyone weighing up , selling an investment property or buying a first home, it is the whole question.
Most people comparing these two do not have a tracking problem. They have a fairly good idea of where the money goes. What they do not know is what to do about it, and no amount of spending pie charts answers that.
Funance takes the opposite trade to both: no bank feeds at all, ever. Instead it gets the Australian rules right: 2026-27 tax brackets including the , repayments and how the balance grows, by state with , an estimate of the if you sell an investment property, and official ABS price data so your home value sits against something published.
That is a real cost and we are not going to talk around it: you enter your numbers, and Funance will never tell you that you spent $61 at a bottle shop on Tuesday. If automatic tracking is what you want, Frollo is free and it is good. If the question is what to actually do, open the demo and look at the Scenarios tab.
Questions
Keep reading
Most finance apps are international products with the currency symbol swapped. Funance is built around the ATO, the states and the super system, because those are the rules that actually decide what you keep.
Personal finance app for Australia →Most budgets fail in week three, when the car registration arrives and the plan quietly stops matching reality. Funance budgets on planned versus actual, so the gap is visible instead of fatal.
Budget planner for Australians →Income tells you what came in. Net worth tells you whether any of it stayed. It is the single most useful number a household can track, and almost nobody tracks it.
Net worth calculator →Australian finance apps compared: Frollo, WeMoney, Up, PocketSmith, YNAB, the big four bank apps and more, with prices, bank feeds and who each one suits. Written by one of the apps on the list, so we tell you when a competitor is the better pick.
Read it →If you have already got the tracking sorted and the open question is tax, your , the mortgage or an investment property, that is the part Funance was built for. Sample data is loaded, no signup, nothing to install.
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