In addition to OFX (MS Money, Quicken) files, we have now added support for QIF files. So, for users banking with technologically challenged financial institutions, all is not lost :) Download your data as a .QIF file, upload and understand your expenses using Buxfer’s analysis tools.

Test-drive Buxfer before inviting friends: With Buxfer, you can create contacts without specifying email addresses. So you can try out Buxfer, see how bill-splitting works and how Buxfer makes it really convenient to track your shared and personal expenses at one place. And after you are convinced of Buxfer’s utility, you can add your friend’s email address to the contact you just created. No need to spam your friends if you just want to try out Buxfer.

We are committed to making Buxfer as easy to access as we can. We already supported Google, Yahoo and Facebook authentication. We have now added AOL and OpenID to the list — you can use your AOL or OpenID accounts to access Buxfer. Learn More

In addition, we have made several improvements to our interface to enhance usability. You can now apply tags, cancel or edit multiple transactions — all from the transaction history view. No need to visit each individual transaction page to make those changes!

Invite friends in bulk :) Select friends from your Gmail, Orkut or Yahoo address books and let them know about Buxfer! Try it TODAY!!

Keep a close eye on your expenses. Anytime. Anywhere.

Just add Buxfer’s cool new gadget to your blog, website, or Google homepage.

Here’s how it looks:

• See your recent expenses, categorized by tags
• Compare how your spending matches with the past two months
• Report personal expenses, and shared bills

To add it to your Google personalized page, click here.

To add to your blog or personal website, click here.

Thanks to Google for providing this terrific service!

• A slick and efficient UI for reporting transactions: Reporting transactions has become faster and simpler. The common case of one guy paying the bill, and 3-4 guys sharing equally can now be reported with a single click.
• Auto-tag your transactions: No need to manually tag each transaction. With our new AutoTag Wizard, you can set up simple rules which determine when particular tags will be applied to transactions (e.g., apply the tag ‘utilities’ to all transactions matching ‘elec bill’) So you don’t need to think about tags everytime you enter a new transaction. More tags, less work, better categorization of transactions, and a better analysis of expenses. At Buxfer, you can have your cake and eat it too! Read more about this feature
  
• Share tags with other participants: Help each other categorize transactions with shared tags. Type in shared:tagName to share tags with friends who were involved in that transaction. Read more about this feature
• And there’s more stuff: Set your default timezone to where you stay (and not where our server stays!). Upload attachments to transactions via URLs. Plus a bunch of UI improvements.

We want to make it really easy to report expenses, really easy to categorize them, and really easy to analyze them. Hope you find these features useful. And more importantly, enjoy using them!

That’s right! You can report transactions and find out balances by sending an email to a secret email address (shhhh…). To get your personal secret email address, log-on to Buxfer and click ‘Settings’. Then start interacting with Buxfer via e-mail, using any device and from anywhere — all in real-time. No need to verify your device!

Read more about this feature …

Buxfer just got techcrunch’d! Nick Gonzalez writes:

Buxfer is deeper than Billmonk, letting you track and tag out your expenses with friends and groups over time. The groups option makes it great for managing debts between roommates or within a club. Buxfer goes further (than Billmonk), letting you analyze your expenses over time through a Google finance-style pie chart with adjustable time frame. Buxfer has gone to great lengths to make importing transactions as easy as possible.

The article is the first to publicly mention our collaboration with Paul Graham and co.’s YCombinator. We received seed funding from YC a couple of months ago, and moved from Pittsburgh to the Bay area (yes, we took a break from being PhDs at CMU!) Things have been moving rapidly since we arrived at YC, working closely with Paul, Trevor, Jessica and the other YC startups. Couldn’t get better for us!