Built for life across borders

When we started Moola, we built it around a simple idea: financial confidence should feel like a conversation, not a spreadsheet. But "your financial life" looks very different if you're paid in dollars, paying a mortgage in pounds, and saving for your kids' education in euros. This week, we shipped two changes that rewire how Moola understands you.

Multi-currency, properly

Until now, you could pick your currency in Moola and we'd display the right symbol. That's the easy bit. The hard bit — actually modelling income in one currency, savings in another, and goals in a third — needed real plumbing.

We've now built that plumbing. You can hold accounts and income streams in different currencies, and Moola keeps the FX conversions consistent across your dashboard, your scenarios, and your conversations with our AI planner. If you're an expat — paid by a US employer, banking in London, planning to retire somewhere warmer — your financial picture finally adds up the way it does in your head.

A few things worth knowing:

• Conversions use ECB reference rates — the same daily fixings central banks publish — with no margin added on top.

• We cover the corridors expats actually use: GBP↔USD↔EUR plus AUD, NZD, CAD, CHF and JPY for UK expats, and CAD, MXN, AUD, JPY, CNY, INR, KRW, SGD, HKD, BRL and ZAR.

• Positions are stored in their native currency, so your underlying numbers don't drift as rates move — only the summary view re-converts.

If you've been holding off on adding that overseas account, now's the moment.

Where the numbers come from

The other change is less visible, but it might be the more important one. We've built Moola a proper data warehouse — one place where every financial fact the app uses is sourced, dated, and traceable back to where it came from. The whole thing refreshes overnight at 02:00 UTC.

Here's what's in it:

• Central bank rates. The Bank of England Bank Rate, US Fed Funds, and the ECB's Deposit Facility, Main Refinancing and Marginal Lending rates. UK and EU rates refresh weekly; US daily from FRED.

• Inflation. UK CPI and CPIH from the ONS, weekly. Eurozone HICP from Eurostat for Germany, France, Spain, Ireland, the Netherlands and Portugal, also weekly. US 10-year Treasury yields from FRED, daily.

• Real product rates, not vibes. When Moola talks about a savings account, a cash ISA, a 1-year fixed bond, or a 2- or 5-year fixed mortgage at 75% LTV, it's quoting the Bank of England's published quoted household rates — the actual rates UK savers and borrowers are getting, refreshed weekly. We don't average rates from blog posts.

• FX rates. ECB reference rates via Frankfurter, refreshed every ~36 hours, which lines up with how the ECB itself publishes — daily on business days, with weekend gaps. The same warehouse powers the multi-currency support above.

• Tax thresholds. UK 2026-27 from HMRC (£12,570 personal allowance, £20,000 ISA, £60,000 pension annual allowance, current National Insurance bands and state pension) and US 2026 from the IRS (standard deductions, brackets, 401(k) and IRA limits). We update these by hand before each tax year — fewer surprises than auto-fetching something HMRC has just restructured.

Every figure carries a source URL and a publication date. When our AI quotes you a rate, it can tell you exactly where the rate came from. We think that should be the bar for any app giving you financial guidance — and now it is for us.

Where we're going next

These two shipped in the same week, and that's not a coincidence. Expanding into more currencies and more countries means more variety in our users' financial lives — and the only honest way to give people good guidance across that variety is to pull in real, current data instead of guessing. Multi-currency makes Moola usable for more people. The warehouse makes the advice worth giving.

If you haven't tried Moola Pro yet, this is a good moment. Use code HELLOMOOLA on Pro subscriptions for two months free — unlimited scenario modelling and open banking pulls, so you can plug in every account (in every currency) and actually play with the future you're trying to build toward.

If you have global accounts, please try the new currency settings and tell us what's still rough. There's always something the first time something like this ships. Send us a message to support@moola-money.com. Thanks for being part of this with us.