Coinly
Comparison

Coinly vs Monarch Money — when one household isn't the whole picture.

Monarch is a great US household tracker. Coinly is what you reach for when you also run a boat, a side business, a holiday home or a multi-currency life — with real co-owner access instead of shared logins.

Side-by-side comparison

FeatureCoinlyMonarch
Multi-asset portfolios (yacht, home, business, trip) Yes No
Multi-currency with daily FX30+ currenciesUSD-first
AI receipt scanning Yes No
Bank connections — EU + UK30+ countries via Enable BankingUS/CA focus
Per-asset roles (owner / editor / viewer) YesHousehold sharing only
Net worth & investments Yes Yes
Zero-based budgeting YesCategory budgets
Warranties & document storage Yes No
Free tier Yes No
PricingFrom €0 — paid plans below Monarch~$99/year

Comparison based on publicly listed features at time of writing. Monarch Money is a trademark of its respective owner; Coinly is not affiliated.

Why people switch to Coinly

  • They outgrew a household tracker — a boat, a holiday home or a side business needs its own books.
  • They share finances with a co-owner, captain, partner or accountant — and want per-asset roles, not a shared login.
  • They hold cash in EUR, USD, GBP and need one truthful number across them.
  • They want AI to read receipts and warranties, not just categorise bank transactions.

When Monarch is still the right pick

  • •You're US-based, single currency, and want a polished household + investments tracker.
  • •You don't need per-asset separation — one combined view fits how you think.
  • •You don't share access beyond a partner.

Both are good tools. Pick the one that fits your life, not the other way around.

Frequently asked

Is Coinly a Monarch Money alternative?

Yes. Coinly covers the same household-finance use cases as Monarch, plus multi-asset portfolios, multi-currency with daily FX, and per-asset roles for co-owners and accountants.

Does Coinly have a free tier?

Yes — Coinly has a free tier with no card required. Monarch is paid-only after a trial.

Does Coinly work outside the US?

Yes. Bank connections cover 30+ EU/UK countries via Enable Banking, with 30+ currencies and daily FX rates.

Can I share Coinly with my partner, captain or accountant?

Yes. Each asset has its own members and roles (owner, editor, viewer) — no shared logins.

See for yourself in five minutes.

Free to start, no card required. Bring your accounts, receipts and co-owners.