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Perfios PFM is Shutting Down

What is Perfios PFM?

The Perfios Finance Manager (PFM) is industry’s leading personal finance manager application that helps users manage their finances in one place and providing a 360-degree view in a single dashboard. It supports accounts of all asset/liability classes covering savings/current accounts, credit cards, mutual fund, equity, life insurance, general insurance, provident fund, EPF, post office schemes, gold, silver, real estate, and many more.

Perfios PFM UI

Features of Perfios PFM

  • 360° view covering all asset classes
  • Alerts and reminders
  • Personalized insight analytics
  • Document storage
  • Relevant recommendations
  • Credentials management
  • Provides cross-selling offers
  • More than 50 reports
  • Budget setting/tracking
  • Events calendar
  • Goal setting
  • e-Statement forward
  • Income tax computation
  • Notifications inbox
  • Portfolio tracking with a tracker
  • Corporate actions
  • Extensive reporting covering capital gains, net assets, portfolio movement, and more

Sunset of Perfios PFM

In the last week of June, 2023, Perfios announced that it will be shutting down it’s Perfios Finance Manager service on August 01, 2023. And requested all the users to export their data before the shutting down.

Their email stated this message:

“We are writing to inform you that Perfios PFM will be sunsetting on August 01, 2023. This means that after this date, you will no longer be able to access or use PFM.

We understand that this may be disappointing news, and we apologize for any inconvenience it may cause. We decided to sunset PFM after careful consideration. We believe that it’s no longer the best way for us to serve our customers.

We are committed to extending our support in helping you export your data from our platform to your desired repository.”

I was one of the Perfios PFM customer, it feels really sad see them shutting down this service, it was such a very useful application.