The Sydney-based conversational money app Lucie Money has gone live under Australia’s Consumer Data Right (CDR) framework, using Fiskil‘s infrastructure to pull Lucie Money Open Banking transaction data directly into the app. The company says customers can now connect their bank accounts with consent, replacing manual uploads and screen scraping with a live, secure data feed.
Anthony Voigt, founder and chief executive officer of Lucie Money, described the rationale plainly: ‘Lucie Money starts with bank data, collected securely and categorised properly. Then it helps with budgets and goals, and knowing whether you’ll get there. You can’t do any of that without accurate data underneath it.’
What the app actually does with that data
The product is built around a conversational interface. Customers can ask whether a bill is covered, what they can afford, or where their spending has shifted since the previous month. The AI-enabled agent is designed to answer in plain language rather than present a dashboard the user has to interpret. Voigt’s stated aim is to remove the interpretive burden from the customer: ‘You don’t have to do all this yourself; you have an agent by your side.’
Voigt also described a more specific use case. ‘Lucie Money can help with a funding plan for a big one-off expense like an overseas holiday, by surfacing the available options and communicating the financial tradeoffs. You could chat through what a regular weekly savings goal would look like in the time available, or what it would mean to tap into emergency money,’ he said.
The company claims the app keeps sensitive financial information out of publicly available large language models, positioning privacy as a structural feature rather than a policy commitment. Whether that architecture holds as the product scales is a question the company has not yet had to answer at volume. Lucie Money is still in build, with a waitlist open at lucie.money, and no public user numbers have been disclosed.
The CDR structure behind the Lucie Money Open Banking integration
Under the arrangement, Fiskil holds the CDR accreditation and Lucie Money operates as its CDR representative, bound by the CDR obligations passed through in that agreement. This principal-representative model means Lucie Money can access Open Banking data without holding its own accreditation, a route open to fintechs that have not yet sought direct CDR status.
Jacob Parker, chief executive officer and founder of Fiskil, said the benefits for Lucie Money’s customers include real-time bank data synchronisation, enhanced security, time efficiency and personal insights. ‘Fiskil is delighted to support Lucie Money’s Open Banking data feeds as their chosen infrastructure provider,’ he added.
The scope of what Fiskil can access on behalf of CDR representatives is worth noting. According to Fiskil, CDR-designated banking datasets cover account details, transaction history, balances, direct debits, scheduled payments, payees and product reference data across all Authorised Deposit-taking Institution data holders. That is a broad data set, and it is the foundation on which Lucie Money’s budgeting and goal-tracking features would need to operate reliably to deliver what the company promises.
Fiskil also reports that its banking API connects to more than 200 banks, lenders and energy providers across Australia and New Zealand. The CDR ecosystem itself has seen 55% participant growth year-over-year and now includes over 100 participating institutions, according to figures Fiskil publishes on its Open Banking page. That trajectory matters for a product like Lucie Money: the wider the coverage, the less likely a prospective customer is to find their bank unsupported.
Voigt acknowledged that the architecture is the prerequisite for everything else the company intends to build: ‘This is an exciting first step for Lucie Money because nothing we build later will work unless the architecture is right in the first place.’ The claim is hard to dispute on its own terms. Whether the architecture is, in fact, right is something only a live product at scale will eventually answer. The waitlist at lucie.money is the next visible step the company has committed to publicly.
