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Quicksplit

the Quick way to split and settle expenses with friends
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Problem
Users often face challenges in splitting and settling expenses with friends
Drawbacks: Difficulty in tracking and managing shared expenses, handling multiple currencies, and keeping records accurately
Solution
Mobile app
Users can add expenses in different currencies, add friends without them needing the app, and manage multiple tabs for various purposes
Core Features: Add expenses in different currencies, invite friends not using the app, manage multiple tabs for different occasions
Customers
Individuals who frequently split expenses with friends
Occupation/Position: Travelers, event organizers, roommates, vacation groups
Unique Features
Ad-free platform
Ability to manage expenses in multiple currencies
Inviting friends who do not have the app
User Comments
Simple and easy to use app
Great for group trips and shared expenses
Convenient for managing expenses with friends
Helps in avoiding conflicts over who owes what
Saves time and the hassle of manual calculations
Traction
Growing user base with positive feedback
Increasing app downloads and registrations
Active engagement from users in sharing their experiences
Market Size
$27.5 billion market size for P2P payment solutions in 2021
Growing trend towards digital platforms for managing shared expenses

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).

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.

Jellybean

The most user-friendly way to split expenses with friends
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Problem
Currently, users rely on manual methods to split expenses, such as using spreadsheets or mentally keeping track of shared costs.
Manual methods are prone to errors and can lead to misunderstandings among friends or group members.
Solution
An app that splits bills and expenses, allowing users to easily track shared costs with friends, roommates, or any group.
For instance, users can input individual expenses, and the app automatically calculates and shares the amount each person owes.
Customers
Young adults in shared living situations, friends frequently going on trips together, college students, and parents teaching financial responsibility.
These users often share costs for rent, utilities, dining, and group activities, requiring a simple solution to manage expenses.
Unique Features
The app focuses heavily on user-friendliness and intuitive design, ensuring a seamless experience for tracking and settling shared expenses.
User Comments
The app is described as very easy to use and visually appealing.
Users appreciate the reduction in friction when splitting costs.
It has been noted for strengthening friendships by preventing money-related disputes.
Some users expressed a wish for additional features like multi-currency support.
Overall, the app is praised for its simplicity and effectiveness in managing shared expenses.
Traction
As a newly launched product, Jellybean is gaining traction among friend groups and shared housing residents.
There are no specific figures on users yet, but the founders are actively promoting the app to expand its user base.
Market Size
The global peer-to-peer payment market was valued at approximately $1.89 trillion in 2020, with continued growth expected as more people turn to digital solutions for managing finances.
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).

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.

Bill Split

Share expenses simply with your friends in seconds
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Problem
Individuals are currently using manual methods or generic apps for splitting bills which can be cumbersome and lead to inaccuracies.
Manual methods or generic apps for splitting bills
Solution
Easy bill splitting app for friends and roommates
App to track and share expenses among friends and roommates such as splitting rent, utilities, and shared purchases
Customers
Individuals who share living expenses like roommates, college students, young professionals
Unique Features
Simple and quick bill splitting process tailored specifically for friends and roommates
User Comments
Users appreciate its simplicity
Helpful in avoiding conflicts over shared expenses
Smooth user interface
Improved coordination among roommates
Many find it faster than typical splitting methods
Traction
Specific traction data not available; it's a newly introduced product on Product Hunt
Market Size
The market size for peer-to-peer payment apps, which includes bill splitting, was valued at approximately $1.93 billion in 2019, expected to grow significantly.

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.

SuperSplit

Split bills. Track expenses. Settle up easily.
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Problem
In situations like vacations with friends, shared household expenses, or group events, users currently have to manage and split costs manually. This often involves cumbersome spreadsheets or confusing verbal agreements, leading to potential errors and misunderstandings. The drawbacks include difficulties in accurately tracking expenses, splitting costs fairly, and settling up efficiently.
Solution
SuperSplit is an application that simplifies the process of splitting bills, tracking expenses, and settling up easily among groups. Users can track and settle expenses for vacations, shared household expenses, or group events. This includes recording, calculating, and managing all financial interactions within the group.
Customers
Young adults and Millennials who often travel or live with roommates, event organizers, and students involved in group activities are likely to use this product.
Unique Features
SuperSplit offers an intuitive platform to manage group expenses with ease, focusing on simplicity and fairness in calculations to enhance user experience.
User Comments
Users appreciate the simplicity of the app.
It effectively solves the issue of forgetting who owes what.
The user interface is user-friendly and intuitive.
Helps avoid awkward situations when collecting money.
Overall, a highly recommended tool for group expense management.
Traction
The product is recently launched on ProductHunt and is gaining traction for its ease of use, though specific user numbers and financial metrics weren't provided in the description.
Market Size
The global mobile payment market was valued at $1.48 trillion in 2019 and is expected to grow at a CAGR of 29.0% from 2020 to 2027, indicating a growing opportunity for expense management solutions.

SettleFast

The easiest way to split expenses with your friends
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Problem
Users manually track shared expenses using spreadsheets or basic apps, leading to time-consuming calculations, error-prone records, and lack of consolidated reports.
Solution
A mobile app that lets users track shared costs, minimize transactions via optimization algorithms, and generate detailed PDF reports. Example: Automatically calculate who owes whom after a group trip.
Customers
Young adults, roommates, or friends splitting rent, utilities, trips, or event costs frequently.
Unique Features
Transaction-minimizing algorithm to reduce total payments, PDF report generation for accountability, and multi-user expense categorization.
User Comments
Simplifies group payments
Saves time on calculations
Loved the PDF summaries
No more awkward money talks
Wish it had currency conversion
Traction
Launched on ProductHunt in 2023, 650+ upvotes. No public revenue/user metrics yet.
Market Size
The global peer-to-peer payment market was valued at $2.06 trillion in 2022 (Grand View Research).