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Quicksplit

the Quick way to split and settle expenses with friends
15
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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

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.

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.

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.

SplitIn

Effortlessly Split Expenses
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Problem
The current situation involves people managing group expenses using traditional methods like spreadsheets or manual tracking. The drawbacks are that it can be cumbersome to manage multiple transactions and settlements, and it's easy to make mistakes. The lack of a streamlined process means that users have to spend time reconciling differences manually, which leads to potential conflicts and delays.
Solution
A mobile app that offers a simple and efficient way to manage group expenses. Users can effortlessly track shared expenses, split costs, and settle transactions with ease. Features such as adding expenses, splitting costs, and settling payments without any complicated graphs or subscription requirements are designed to offer a straightforward way to handle group expenditures.
Customers
Young professionals, college students, and roommates who often share expenses. They are likely to engage in activities that involve splitting costs, such as group travel, dining out, or sharing living expenses. They prioritize convenience and simplicity over complex accounting features.
Unique Features
The unique aspect of Splitin is its focus on simplicity and hassle-free experience. Unlike other apps that might have subscription models or cluttered interfaces, Splitin provides a clean, straightforward tool for expense tracking without any paywalls. The app offers core functionalities like adding, splitting, and settling expenses in an uncomplicated manner.
User Comments
Users appreciate the simplicity and ease of use.
Some mention the absence of complicated features is refreshing.
Free access without hidden costs is a significant advantage.
The application is praised for its functionality in group travel scenarios.
There is a desire for more integration with payment apps for automatic settlements.
Traction
Splitin has gained traction primarily through word-of-mouth and effective presence on ProductHunt. Although specific user numbers and revenue figures are not disclosed, the product has positive reception noted through user comments and likes on ProductHunt.
Market Size
The global mobile app-based expense management market is projected to grow, fueled by the increasing demand for personal finance management tools. By 2026, it is expected that the personal finance software industry will reach approximately $1.57 billion, indicating the potential growth for more niche apps like Splitin.

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.
Problem
Freelancers and remote workers struggle to accurately calculate their work-from-home expense deductions for tax purposes
Solution
A web-based Home Expenses Tax Calculator specifically designed for freelancers and remote workers to easily estimate their potential deductions for tax purposes
Features: Provides a quick and easy way to calculate home expense deductions, tailored for tax purposes
Customers
Freelancers, remote workers, independent contractors, and self-employed individuals
Unique Features
Tailored specifically for freelancers and remote workers
Streamlined and user-friendly interface for quick and easy estimation of deductions
User Comments
Saves time and hassle of manually calculating deductions
Accurate estimation of tax deductions
Great tool for freelancers and remote workers
Traction
Number of users and financial traction data unavailable
Market Size
$23.2 billion market size for tax preparation software industry, indicating a significant demand for tools assisting individuals in tax calculations