Compound vs Frollo
The short answer: Frollo is a free Australian money app from an Open Banking company: it links your transaction, savings, credit card, loan, super and investment accounts through the Consumer Data Right, categorises spending, runs budgets, goals and bills, and shows a net worth figure that combines those linked balances with assets and liabilities you add yourself (property, vehicles, loans). Compound is a paid whole-of-wealth tracker: property with loans, offsets, usable equity and cash flow, super from any fund, shares and ETFs at live prices, cash, crypto and a business, across personal, joint, trust, company and SMSF structures, with a projection of the year your investments could fund your life. Pick Frollo if you want free, bank-connected budgeting; pick Compound if the wealth outside your bank accounts, your structures, a partner or the "when could I stop working?" question are what you want to track.
We make Compound, so read this knowing that. Every fact about Frollo below is from its own public pages as at the date above (sources at the bottom), and anything we could not confirm is left out rather than guessed. If something has changed, tell us and we will fix it.
Side by side
| Compound | Frollo | |
|---|---|---|
| Price | A$149/year or A$14.99/month; 30 days free, cancel anytime | Free ("Completely free – (no ads)"; "No ads. No subscriptions. No catch.") |
| Free plan | No free plan | Yes: the whole app is free |
| Bank connections | No bank logins: manual-first, with bank-statement import (CSV, Excel, PDF) | Yes: Open Banking through the Consumer Data Right ("where available"); Frollo is an Accredited Data Recipient regulated by the ACCC. Account types it lists: transaction, savings, credit card, loans, super, investments "and more" |
| Shares & ETFs | Yes: ASX and US shares and ETFs at live prices, in A$ | Investment accounts can be linked where the provider supports Open Banking; no broker list, share-price tracking or performance reporting is mentioned. Anything else is a manual entry |
| Property | Yes: value, loans, offsets, usable equity, rental cash flow, development feasibility | Yes, as a manual asset: "add assets and liabilities (property, vehicles, loans and more) to your portfolio to calculate your net worth". No automatic valuation, equity or cash-flow view mentioned |
| Super | Yes, modelled as locked until preservation age (60) | Super accounts can be linked where the fund supports Open Banking; otherwise a manual entry |
| Crypto | Yes: exchange read-only keys or public wallet addresses | Not mentioned |
| Business | Yes | Not mentioned |
| Trusts, companies, SMSF | Yes: personal, joint, family trust, company, SMSF | Not mentioned |
| Financial-independence projection | Yes: your "Freedom Year", with Australian tax, CGT and super access modelled | None mentioned. Budgets, savings goals, bills and spending insights; "Keep track of your net worth over time" |
| Budgeting | Yes: income, spending and monthly surplus | Yes: automatically categorised transactions (with custom categories), budgets, goals, recurring bills, and alerts for unusual spending, upcoming bills and subscription savings |
| Tax time | Yes: EOFY pack per entity for your accountant (not tax advice) | Not mentioned. A "Financial Passport" PDF snapshot of your finances to share with a mortgage broker |
| Couples | Yes, shared household | Not mentioned |
| Platforms | Web, iOS, Android | iOS (App Store) and Android (Google Play); the help centre also refers to a web version |
| Made in | Australia (Sabea Tech Pty Ltd) | Australia (Frollo Australia Pty Ltd, part of the NextGen group); "Join over 145,000 Australians" |
Where Frollo is the better choice
- Free. No ads, no subscriptions, no paid tier at all. Compound is A$149 a year or A$14.99 a month after 30 free days.
- Bank feeds: Open Banking through the Consumer Data Right, as an ACCC-accredited data recipient, so transaction, savings, credit card, loan, super and investment accounts update in real time where the provider supports it. Compound has no bank logins by design.
- Day-to-day money: categorised transactions, budgets, savings goals, a bills view, and alerts for unusual spending and subscriptions you could save on.
- The Financial Passport: a PDF snapshot of your finances to hand to a mortgage broker, from a company whose main business is Open Banking for brokers and lenders.
Where Compound is the better choice
- The wealth that is not in a bank account: property with loans, offsets, usable equity, rental cash flow, borrowing power and development feasibility; ASX and US shares and ETFs at live prices; crypto; a business. In Frollo these are manual assets you value and update yourself.
- Super from any fund, modelled as locked until preservation age (60) and built into the projection. Frollo links a super account only where the fund supports Open Banking.
- Structures: personal, joint, family trust, company and SMSF, each on its own or combined. Frollo does not mention entities.
- The projection: Compound projects the year your investments could fund your life, with Australian tax, capital gains and super access in the maths. Frollo tracks net worth over time but does not mention a retirement or financial-independence projection.
- Couples in one household view, an EOFY tax pack per entity for your accountant, and the web as well as iOS and Android.
Which should you pick?
If you want free, bank-connected budgeting, with your transactions categorised and your bills and goals in one app, Frollo fits, and it costs nothing to find out.
If your wealth sits in property, super, shares and structures, you track it with a partner, or you want the "when could I stop working?" projection, Compound is built for that. You get 30 days free, cancel anytime, to see your own numbers in it first.
Common questions
Is Frollo free?
Yes. Frollo says the app is completely free, with no ads and no subscriptions. Compound is A$149 a year or A$14.99 a month, and every new account starts with 30 days free, cancel anytime.
Does Frollo track net worth?
Yes. It combines the balances of your linked accounts with assets and liabilities you add yourself (property, vehicles, loans and more) and tracks the total over time. The manual items are updated by you. Compound values listed shares, ETFs and crypto from live prices, tracks property with its loans and equity, and models super as locked until 60.
Does Frollo connect to my bank?
Yes, through Open Banking (the Consumer Data Right), where your provider supports it; Frollo is an ACCC-accredited data recipient and never sees your banking passwords. Compound never asks for bank logins either: you add what you own, listed holdings update from live prices, and you can import bank statements and contract notes.
Does Frollo track property, trusts or an SMSF?
Property, yes, as a manually valued asset in the net worth view. Trusts, companies and SMSFs are not mentioned. Compound tracks property with loans, offsets, usable equity and rental cash flow, and holds assets under personal, joint, family trust, company and SMSF structures.
Can I use Frollo and Compound together?
Yes. Some people use a free bank-synced app for day-to-day transactions and budgets, and Compound for the whole-of-wealth picture, structures and the retirement projection.
Sources for Frollo, checked 8 November 2026: frollo.com.au/frollo-app/, frollo.com.au/about/, apps.apple.com/au/app/frollo-feel-good-about-money/id1179563005, play.google.com/store/apps/details?id=us.frollo.frollo.prod&hl=en_AU, help.frollo.com.au/hc/en-au/articles/13900317057167-How-to-manage-your-Net-worth. Compound’s own details: pricing, features.
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