Deathwatch - Kublax, the online budgeting site, goes kerblam
There's been a small avalanche of emails from avid Bitterwallet readers this afternoon concerning the online budgeting service Kublax. Graham, Alan and Chris all contacted us with news that the website - which displays your household expenditure in graph form to show trends over time - has gone into administration. All bank account information and transactional data will be deleted this Friday.
An email sent to users of the website, the UK version of mint.com, pinned the blame on the failure to raise further funding for the venture. Shame - despite the stupid name it was a nifty little tool for managing money. If you're looking for alternatives, we'd point you in the direction of lovemoney.com or apply to join the beta programme at moneydashboard.com.