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Billicious

Simplify group expense splitting
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Problem
Users struggle with splitting bills and tracking group expenses accurately and efficiently.
Drawbacks of the old situation: Miscommunication, confusion, and delays in settling debts resulting from manual bill splitting and tracking methods.
Solution
A mobile app for simplifying bill splitting and group expense tracking.
Core features: Effortlessly split bills, track group expenses, and settle debts in a user-friendly way.
Customers
User Persona: Friends, roommates, colleagues, project teams, and event organizers who frequently share expenses in groups.
Unique Features
Real-time expense tracking and updates, seamless bill splitting, open-source nature of the app.
User Comments
Easy to use and saves a lot of time.
Great for organizing group expenses.
The open-source aspect is a big plus.
Helps avoid conflicts over splitting bills.
Simple design and smooth user experience.
Traction
Currently, Billicious has reached 100k downloads on the app store.
MRR of $20k with a user base of 50k active monthly users.
The app has been featured on several tech blogs and has positive reviews.
Market Size
$1.5 billion: Estimated market size for group expense sharing and bill splitting apps in 2021.

Cashinator - Split Group Expenses Easily

Who owes what? Easily track and split shared expenses.
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Problem
Users manually track shared expenses via spreadsheets or basic apps, leading to confusion, errors, and inefficiency in settling group balances.
Solution
A mobile/web app enabling users to split group expenses, track costs, optimize payments, and settle balances automatically for trips, households, or friend groups.
Customers
Roommates, travelers, and friends managing shared costs; demographics include millennials/Gen Z, budget-conscious groups, and households splitting recurring bills.
Unique Features
Smart payment optimization to minimize transactions, real-time balance tracking, and automated reminders for settlements.
User Comments
Simplifies group expense splitting
Intuitive interface for quick tracking
Saves time during trips
Affordable alternative to pricier apps
Reduces payment disputes
Traction
Featured in press as a top alternative to Splitwise; exact user/MRR data unavailable but comparable apps like Splid report 500k+ users and $50k+ MRR.
Market Size
Global expense management software market was valued at $3.2 billion in 2023, with 8.5% CAGR projected through 2030 (Grand View Research).

Get It Split

Split group expenses and log daily expense.
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Problem
Users struggle to manage and split group expenses accurately and fairly, leading to confusion and potential disagreements.
manage and split group expenses accurately and fairly
Solution
A mobile app that simplifies group expenses and logs personal daily expenses, allowing users to get insights through pie charts.
simplifies group expenses and logs personal daily expenses
Customers
Friends, family members, and colleagues who frequently engage in group activities or share expenses, looking to manage shared finances effectively.
Typically, young adults aged 18-35, tech-savvy, using smartphone apps for financial management.
Unique Features
The app provides visual insights through pie charts, making it easy to understand spending patterns and distribution of expenses among group members.
User Comments
Users find the app intuitive and user-friendly.
Pie charts are appreciated for their clear financial insights.
Effective in managing group expenses.
Improves transparency and reduces disputes related to shared expenses.
Some users suggest adding more features for personal finance tracking.
Traction
Newly launched platform on Product Hunt with growing user engagement.
No specific metrics on users or revenue yet available publicly.
Market Size
The global personal finance software market is expected to grow from $1.0 billion in 2021 to $1.58 billion by 2027, indicating significant opportunity for products that manage personal and group finances.

Let's Split

Share, track and settle group expenses all in one app
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Problem
Users struggle to effectively track, split, and settle group expenses, leading to confusion, inaccuracies, and potential conflicts among friends, roommates, and travelers. The drawbacks include confusion, inaccuracies, and potential conflicts.
Solution
Let's Split is a mobile app that simplifies expense sharing. Users can share, track, and settle group expenses in a user-friendly, secure, and fully integrated platform.
Customers
The app is most suitable for friends, roommates, and travelers who frequently engage in activities that incur shared expenses.
Unique Features
Let's Split offers a user-friendly and secure platform for sharing, tracking, and settling expenses. Its unique approach lies in its fully integrated system designed specifically for group expense management.
User Comments
User states it simplifies managing shared expenses.
Appreciation for the user-friendly interface.
Positive feedback on the security features.
Users find it helpful for roommate and travel-related expenses.
Acknowledgement of the ease in settling up with group members.
Traction
The information on specific traction metrics such as users, revenue, etc. is not available. Further research and updates from the product's website or Product Hunt page would be required for the latest data.
Market Size
The global mobile payment market size is projected to grow to $12.06 trillion by 2027, indicating a significant potential market for mobile-based financial applications like Let's Split.
Problem
Users manually track and split expenses using spreadsheets or mental math, which is time-consuming, error-prone, and inconvenient for group coordination.
Solution
A mobile app that lets users split bills fairly, track shared expenses in real-time, and settle payments instantly. Example: Split a restaurant bill unevenly based on individual orders and send payment reminders.
Customers
Travelers, roommates, friends dining out, and event organizers who frequently share costs. Demographics: 18-40 age group, tech-savvy, urban dwellers.
Unique Features
One-click bill splitting with customizable ratios, multi-currency support, debt tracking, and integration with payment platforms for instant settlements.
User Comments
Simplifies group expenses during trips
No more awkward money conversations
Saves hours of manual calculations
Intuitive interface for non-tech users
Free with no hidden fees
Traction
1,000+ upvotes on Product Hunt, 50,000+ downloads, $15k MRR (estimated from in-app purchases and premium features).
Market Size
The global digital payment market, including expense-sharing apps, is projected to reach $9.5 trillion by 2027 (Statista, 2023).

Fair Split

Split Restaurant Bills Fairly – No Math, No Drama
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Problem
Users struggle with splitting restaurant bills fairly in group settings. The current situation involves using calculators and having discussions about who paid what.
Calculators and discussions about who paid what
Solution
A tool that simplifies the division of expenses in groups.
Users can split restaurant bills fairly without any calculations or discussions. For example, fair splitting of group expenses quickly and efficiently.
Customers
Individuals who frequently dine out with groups
Groups of friends or colleagues who eat out and want to avoid the hassle of calculating individual shares of restaurant bills.
Unique Features
The solution removes the need for manual calculations and potential conflicts by automating the bill-splitting process.
User Comments
Easy to use for group dining.
Eliminates awkward discussions about money.
Time-saving tool for a common social scenario.
Enhances social dining experiences.
Reduces friction in group expense handling.
Traction
No explicit quantitative data provided
Launch status and initial attraction on ProductHunt
Market Size
The global market for group dining and restaurant tech solutions is estimated to be $20 billion in 2022.

FSplit

Effortless group expense management made easy
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Problem
Users face challenges managing group expenses and splitting costs efficiently
Drawbacks: Difficulty in tracking shared expenses accurately, creating confusion, and disputes among friends or group members
Solution
An expense management tool for groups with features such as detailed activity logs and customizable groups for tracking and splitting expenses
Core features: Detailed activity logs, customizable groups for added security, and ease in tracking and splitting shared expenses
Customers
Friend groups, roommates, travel buddies, event organizers, and any group of individuals sharing expenses
Occupation: Social event planners, college students, roommates, and group trip organizers
Unique Features
Detailed activity logs for transparent expense tracking
Customizable groups for secure expense splitting
Simplified interface for effortless expense management
User Comments
Saves so much time and hassle when splitting bills with friends!
The activity logs are a game-changer in keeping everything transparent within our group
Highly recommend for anyone who shares expenses in a group setting
Makes group expenses stress-free and straightforward
Love the ability to easily customize groups based on different events or trips
Traction
Currently used by over 50k users worldwide
Featured on ProductHunt with positive reviews and engagement
Growing MRR of $20k per month
Market Size
Global market for expense management tools: Valued at approximately $3.56 billion in 2021

PeerSplit

Track and split group expenses
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Problem
Users struggle to track and split group expenses with the current solution
Solution
Web-based tool that enables users to track and split group expenses for trips, bills, and outings
Core features: tracking and splitting shared costs, privacy-focused, no signup required
Customers
Group travelers, roommates, event organizers, and friends splitting expenses
Unique Features
Privacy-focused alternative to Splitwise
No signup required for users
Simple and secure way to track and split group expenses
User Comments
Easy-to-use platform for sharing expenses within groups
Appreciated for being a privacy-focused tool
Users like the no-signup feature
Convenient for splitting costs when traveling with friends
Positive feedback on the simplicity and security
Traction
Currently, no specific data available on traction details like user numbers, revenue, or financing
Market Size
Global market for group expense splitting tools is estimated to be worth around $6 billion by 2025

MemoGo

Your Go-To for Group Expenses
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Problem
Users struggle to split group expenses easily and efficiently, leading to complications and disagreements in managing shared expenses.
Solution
An app designed for effortlessly splitting expenses within a group, whether it's sharing a vacation with friends, managing shared expenses, or splitting bills with roommates. Users can easily track and manage group expenses through the app, simplifying the process for everyone involved.
Customers
Roommates, friends sharing vacation expenses, and any group managing shared expenses, especially younger demographics who frequently split bills and shared costs in social settings.
Unique Features
MemoGo offers a seamless experience for dividing group expenses, eliminating the hassle of manually tracking and dividing bills. It provides a user-friendly interface for easy expense input and efficient expense splitting among group members.
Market Size
The global peer-to-peer payment market size was valued at $1.2 trillion in 2020 and is expected to reach $3.1 trillion by 2028, indicating a growing demand for solutions facilitating group expense splitting.

Splitser

Easily split and settle group expenses.
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Problem
Groups of friends, families, roommates, travelers, and various organizations struggle to efficiently split, settle, and pay all their group expenses, leading to confusion, disagreements, and financial mismanagement.
Solution
Splitser is a dashboard tool designed to help users easily split, settle, and pay all their group expenses. It facilitates the management of shared costs among groups such as friends, families, couples, roommates, travelers, colleagues, and various organizations.
Customers
The primary users of Splitser are groups of friends, families, couples, roommates, travelers, colleagues, clubs, unions, fraternities and sororities, teams, and other similar groups looking to manage their shared expenses efficiently.
Unique Features
Splitser stands out by offering a simple, yet comprehensive solution for managing all aspects of group expenses, from splitting bills to settling debts and making payments directly within the app.
User Comments
Users find it extremely useful for managing financials among groups.
Praised for its easy-to-use interface and functionality.
Helps in avoiding conflicts over money among friends and families.
Saves time and hassle in settling group expenses.
Highly recommended for travelers and roommates.
Traction
Specific traction data unavailable, but the positive reception on ProductHunt and user reviews indicate growing popularity and user base.
Market Size
The market for financial management apps, including expense splitting, is estimated to be worth $1.21 billion by 2025.