Loots
NZ's money app — connects to your banks, finds every wasted subscription and bill, kills or negotiates them for you, and tracks your path to your first home.
The Challenge
Most Kiwis are quietly bleeding money to forgotten subscriptions and bills they've never tried to negotiate down, with no single place that sees across all their bank accounts to catch it — and no realistic way to track progress toward a goal like a first home deposit.
Money Software That Actually Does Something
Most budgeting apps show you where your money went. Loots is built to act on it — finding the subscription you forgot about and killing it, not just flagging it in a chart.
Seeing Across Every Account
Akahu's open banking API gives Loots a read on transactions across a user's connected NZ bank accounts, rather than requiring manual entry or a single-bank view.
From Insight to Action
Spotting a wasted subscription is the easy part. Loots' negotiation and cancellation flow is what turns that insight into cash back — the app initiates the cancellation or renegotiation rather than leaving it as a to-do.
One Backend, Web and Mobile
The Next.js web app and the Expo (React Native) mobile app share one Prisma-backed Postgres schema, so a user's financial picture is identical whether they're on their phone or a browser, with background reconciliation jobs handled by Trigger.dev.
Our Solution
Loots connects to a user's NZ bank accounts via Akahu (open banking), surfaces every recurring subscription and bill, and takes action on the wasted ones — cancelling or negotiating them down — while tracking savings progress toward a goal like a first home.
Tech Stack
Results
- Connects directly to NZ bank accounts via Akahu, New Zealand's open banking provider
- Finds and can cancel or negotiate down wasted subscriptions and bills automatically
- Tracks savings progress toward a concrete goal, like a first home deposit
- One codebase powers both the Next.js web app and the Expo mobile app