Expense tracking that speaks every currency
Alvo is a personal and group expense management tool built for people who spend across borders. Whether you are travelling through Iceland, splitting a holiday with friends, or running a small team that incurs costs in multiple currencies, Alvo lets you log every expense in its original currency and automatically converts it into a single base currency using official daily exchange rates from Landsbankinn. There is no need to look up rates manually or paste numbers into a spreadsheet — the app fetches Visa card rates, banknote rates, and mid-market rates for dozens of currencies and applies the one you choose to each entry.
Beyond simple conversion, Alvo supports group-based cost splitting. You can create a group, set its settlement currency, invite members through a secure approval workflow, and record shared expenses that are divided evenly among the people you choose. The app keeps a running balance so every member can see who owes, who is owed, and what has already been settled. Row-level security keeps each group's data private to its members, and invitations are tokenised so only people you invite can request to join.
Alvo is designed for travellers, expats, shared households, and small teams who want a clear, honest picture of what they are really spending — without the friction of manual currency maths. It is built and maintained by the Alvo team using the Base44 platform, with exchange rate data sourced from Landsbankinn and updated daily. We focus on accuracy, privacy, and a calm interface that stays out of your way so you can get back to your trip.
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