- Connection
- PSD2 open banking
- Coverage
- 200+ providers
- Refresh
- Daily, automatic
Switch to Bank AI when
You bank in the UK or EU, you have investments and pensions alongside current accounts, and you want one daily-refreshed view of net worth - not just a spend dashboard. Bank AI connects to brokers, ISAs, SIPPs, PEAs, assurance-vie wrappers and crypto exchanges through PSD2 open banking, then layers an AI assistant on top.
Stay with Emma when
Your money is mostly in current accounts and you mainly want subscription detection, monthly budgeting and a clean spend view. Emma is excellent at that lane and Bank AI does not try to replicate the spend-tracking depth one-for-one.
| Feature | Bank AI | Emma |
|---|---|---|
| Connection method | PSD2-licensed open banking via Powens. Read-only by design. | PSD2 open banking via aggregator partners. Read-only. |
| Brokers and investment accounts | First-class. Connects to 60+ brokers across the UK and EU and surfaces ISA, SIPP, GIA, PEA, assurance-vie, Depot, PIR and cuenta de valores wrappers correctly. | Limited. Some investment accounts surfaced via Plus / Pro tiers; tax-wrapper framing is not the focus. |
| Pensions | Connects to UK SIPPs (Hargreaves Lansdown, AJ Bell, Interactive Investor) and EU pension wrappers (PER in France, Riester in Germany). | Pension support exists but is not the strongest lane. |
| Crypto | Crypto exchanges (Binance, Bitpanda, Coinbase, Kraken, Crypto.com) included alongside investments. Native on-ramp in build. | Crypto via manual entry / supported wallets in higher tiers. |
| AI assistant | Built in. Ask questions like 'how much am I paying in fund fees this year' or 'what's my US tech exposure across all brokers'. | AI features available in higher tiers; primarily anchored to spend categorisation. |
| Subscription detection | In product. Aggregated across all connected accounts. | Class-leading. Emma is one of the most polished subscription-tracking experiences in the UK market. |
| Cash and current accounts | First-class. Bank accounts and brokers in one net-worth view. | First-class. Spend view is Emma's anchor product. |
| Geographic focus | United Kingdom and EU/EEA - UK, IE, FR, DE, IT, ES, BE, NL, LU, PT, CZ, AT, CH. | United Kingdom focus, with EU footprint expanding. |
| Custody | Read-only. Bank AI never holds cash, securities or crypto. | Read-only. Emma never holds assets. |
| Pricing | Free during waitlist / pre-launch (2026). Paid tiers to be published before general release. | Free tier; Plus around GBP 4.99 / month, Pro around GBP 9.99 / month, Ultimate around GBP 14.99 / month (per Emma's public pricing). |
Investments are first-class, not a side panel
Bank AI surfaces ISA, SIPP, PEA, assurance-vie, Depot, PIR and cuenta de valores wrappers correctly, and connects to 60+ UK and EU brokers - the actual shape of European wealth in 2026.
Daily-refreshed net worth, not just spend
Cash, investments, pensions and crypto in one view. Spend is part of the picture, not the entire picture.
An AI you can ask portfolio questions
'What's my fee leak across funds', 'how exposed am I to US tech across all my brokers', 'show me dividend cash hitting next month'. Spend-tracking AI cannot answer those.
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→ - Use case
Portfolio tracker
Live positions, dividends and allocation across every broker and wrapper.
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Is Bank AI a replacement for Emma?
It depends on how you use Emma. If you mainly want subscription detection and a clean spend view, Emma is excellent at that lane. If you also have an ISA, a SIPP, a brokerage account, a PEA or crypto holdings, Bank AI is the broader fit because it brings investments and crypto into the same daily-refreshed net-worth view.
Can I import my Emma data into Bank AI?
We don't support an Emma import today, by design. Bank AI rebuilds your accounts from your actual bank and broker connections through PSD2 open banking, so the data is live rather than a snapshot. Connecting takes minutes per institution.
Does Bank AI do subscription detection like Emma?
Subscription detection is in product and works across all your connected accounts. Emma's depth on subscription detection is its strongest lane and we acknowledge it openly; if that single feature is your primary use case, keep Emma.
Does Bank AI work in the UK and EU?
Yes. Coverage is the United Kingdom and the European Economic Area: UK, Ireland, France, Germany, Italy, Spain, Belgium, Netherlands, Luxembourg, Portugal, Czech Republic, Austria and Switzerland. Emma is UK-led with growing EU coverage.
Is Bank AI free?
Free during the 2026 pre-launch waitlist. Pricing for paid tiers will be published before general release. Emma's tiers run around GBP 4.99 to GBP 14.99 per month per its public pricing page.
Is Bank AI read-only?
Yes. Bank AI uses PSD2-licensed AISP (Account Information Service Provider) connectivity. It can read your accounts to build a net-worth view; it cannot move money, place trades or initiate transfers.
Join the waitlist