In 2020, Microsoft introduced Money in Excel. For subscribers Microsoft 365 Family and Personalthis module for the spreadsheet is intended for the management of the user’s finances and was launched in the United States.
Money in Excel is based on a partnership with the Californian start-up Plaid specializing in financial services. The tool thus allows a connection to bank accounts in order to automatically import data and create a personalized workbook.
In addition to viewing bank transactions, Money in Excel provides useful information for managing a budget and achieving financial goals. However… Money in Excel will stop working next year.
Stopping Money in Excel and more
Microsoft has announced an end of support that will take effect on June 30, 2023. From this date, it will no longer be possible to connect to bank accounts to receive data. In other words, it is the end of the partnership with Plaid.
” We learned a lot from Money in Excel. […] We believe there are other areas where we can have a greater impact and we will focus on these in the future. “, writes Microsoft in an FAQ on end of support for Money in Excel.
The date of June 30, 2023 will also mark the end of other partnerships, while the availability in Excel of new types of data in partnership with Wolfram will begin to disappear on June 11, 2023.
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