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PeerSplit

Track and split group expenses
26
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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

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.

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.

PayMeBack.lol

Simple, no-nonsense group expense tracking
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Problem
Users struggle to track and split group expenses efficiently, often leading to confusion, forgotten debts, and strained relationships due to the inefficiency and complications of traditional expense-sharing methods.
Solution
A simple, no-nonsense accounting tool for group expense tracking that allows users to share expenses and split bills easily without the need for accounts, payments, or downloads.
Customers
Groups of friends, family members, roommates, and colleagues who frequently engage in shared expenses and need a hassle-free solution to track their bills are the most likely to use this product, with a focus on individuals who prefer simplicity and directness in managing finances.
Unique Features
The unique selling points are its user-friendly interface that requires no account creation, no need for any payments, and the absence of a requirement for any software downloads, making it exceptionally straightforward to use.
User Comments
Simple and intuitive to use
Significantly reduces confusion around shared expenses
No need to create an account is a major plus
Makes splitting bills with friends or family a breeze
A must-have tool for any group trip or shared living arrangement
Traction
As the specific numeric details such as number of users, revenue, or funding are not provided directly from the product site or Product Hunt, concrete data cannot be shared. However, the nature of the listing on Product Hunt and user feedback suggests growing interest and potential for substantial user adoption.
Market Size
The market size for group expense tracking and splitting apps is substantial, driven by increased group activities and shared living arrangements, but specific numeric market size data is unavailable. However, considering the broader personal finance software market is projected to reach $1.21 billion by 2024, the segment for expense-splitting apps also has a significant growth opportunity.

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

Expense Tracker

Track Your Expenses - Take control of your finance
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Problem
Users struggle to track their expenses effectively using traditional methods like pen and paper or spreadsheets, leading to disorganized financial records and difficulty in managing budgets.
Solution
An expense tracker app that simplifies expense tracking for both personal and business budgets, offering a simple and intuitive way to manage and achieve financial goals.
Customers
Individuals and small business owners looking to effectively track and manage their expenses, improve budget management, and achieve financial goals.
Unique Features
Intuitive expense tracking: Provides a user-friendly interface for effortlessly inputting and categorizing expenses.
Goal setting: Allows users to set financial goals and monitor progress towards achieving them.
Report generation: Generates detailed reports and insights on spending patterns to help users make informed financial decisions.
User Comments
Easy-to-use app for tracking expenses.
Helped me stay within my budget.
Useful for personal and business finances.
Great tool to monitor spending habits.
Saved me time and stress in managing expenses.
Traction
Receiving positive user feedback on ProductHunt.
Current version 1.0 with growing user base.
Featured on ProductHunt with increasing visibility.
Engagement and downloads are gradually increasing.
Gaining popularity among individuals and small businesses.
Market Size
The global personal finance management market size was valued at approximately $1.01 billion in 2020 and is expected to grow at a CAGR of 12.2% from 2021 to 2028.
(Source: Grand View Research)

Finance:Budget Expense Tracker

Track expenses, budget, manage bills, and save money.
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Problem
Users often struggle to efficiently track expenses, manage their budgets, handle bills, and overall safeguard their financial health. The drawbacks include poor savings, unorganized financial records, and missed bill payments.
Solution
A comprehensive finance management app that allows users to track expenses, manage budgets, monitor bills, and enhance their savings. It centralizes all financial matters in one platform.
Customers
Individuals keen on improving their personal finance, such as budget-conscious individuals, financially responsible adults, and those who need an organized method to monitor their financial status.
Unique Features
Combining expense tracking, budget management, bill monitoring, and savings enhancement - all in one application.
User Comments
Many find it user-friendly and effective in managing personal finances.
Users appreciate the ability to see all finances in one place.
Helps users stay on top of bills and avoid late payments.
Effective in budget planning and expense tracking.
Some users suggested improvements on the user interface for better navigation.
Traction
Launched on ProductHunt, currently gaining visibility and user feedback. User numbers and financial metrics haven't been disclosed yet.
Market Size
The global personal finance software market was valued at $1 billion in 2021

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.

SplitMyExpenses 2.0

Split bills with friends, track balances, and settle up
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Problem
Tracking and settling shared expenses among friends is cumbersome, leading to disorganized finances and potential interpersonal conflicts.
Solution
A web and mobile application that allows users to split bills with friends, track balances, and settle up using integrated payment methods. Users can itemize receipts from images, import expenses, and connect bank accounts for automated expense tracking.
Customers
Friends, roommates, and groups who frequently share expenses for trips, meals, and household items.
Unique Features
Automated expense tracking by connecting bank accounts, itemized receipt scanning, and integrated payment methods for settling up.
User Comments
Simplifies splitting bills and tracking shared expenses.
The automated tracking and itemizing receipts features are highly convenient.
Settling up through integrated payment apps makes transactions seamless.
Helps avoid conflicts about money among friends or roommates.
User-friendly interface and easy setup.
Traction
As of my last update, specific traction metrics such as the number of users, MRR, financing, or version updates were not available.
Market Size
Data specific to the market size of expense splitting apps is not readily available. However, the mobile payment market is projected to reach $12.06 trillion by 2027, indicating a substantial potential user base for such applications.

Expense AI

Smart expense tracking with AI-powered receipt scanning
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Problem
Users struggle with manual expense tracking, leading to inefficiencies, errors, and time-consuming processes.
Solution
A web-based expense management platform with AI-powered receipt scanning and automatic categorization.
Users can snap receipts, forward emails, upload files for tracking, automate categorization, generate reports, and manage budgets efficiently.
Customers
Professionals, small business owners, freelancers, and individuals looking to streamline expense tracking and financial management.
Unique Features
AI-powered receipt scanning for seamless tracking and categorization.
Automatic report generation and budget management for effortless financial tracking.
User Comments
Saves me so much time categorizing expenses!
Love how easy it is to snap a pic of a receipt and have it handled automatically.
Great tool for keeping track of expenses and budgets.
Traction
Over 10,000 users since launch.
Featured on various tech review sites and platforms.
Positive user feedback and growing user base.
Market Size
The global expense management software market is valued at approximately $4.8 billion in 2021.