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SplitMyExpenses 2.0
 
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SplitMyExpenses 2.0

Split bills with friends, track balances, and settle up
83
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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.

Let's Split

Share, track and settle group expenses all in one app
36
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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.

Balance Pro

Manage your money & track your spending
99
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Problem
Users struggle with managing their finances effectively, often losing track of their spending and missing bill payments. The drawbacks of this old situation include losing track of spending and missing bill payments.
Solution
Balance Pro is a personal finance app that helps users manage their money, enter transactions into the checkbook register, track their spending, and get notified about upcoming bills.
Customers
The user personas most likely to use this product include individual budgeters, personal finance enthusiasts, and those seeking financial organization.
Unique Features
Balance Pro's unique features include a comprehensive checkbook register for transaction entries, spending tracking, and bill notifications.
User Comments
Users appreciate the comprehensive money management capabilities.
The ability to track spending and get bill notifications is highly valued.
Some users mention a learning curve to fully utilize all features.
Positive feedback on the app's user interface and ease of use.
A few users request more detailed tutorials for beginners.
Traction
No specific traction data available from the provided links or through a Bing search.
Market Size
The global market for personal finance apps was valued at $1.097 billion in 2020 and is expected to grow.

Splitt.ink

Easiest way to splitt bills among the group
3
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Problem
Users struggle with complex calculations and tracking when splitting bills among a group
Inefficiency in managing shared expenses leads to confusion and potential financial disputes
Solution
Mobile app
Simplifies splitting bills among groups of friends, family, or colleagues
Core features include easy bill splitting, tracking who owes what, and sharing expenses seamlessly
Customers
Individuals in groups who regularly share expenses such as friends, family, or colleagues
Users who want a hassle-free way to manage shared expenses and avoid financial discrepancies
Unique Features
Streamlined bill splitting process
Intuitive expense tracking and sharing functionality
User Comments
Easy-to-use app for splitting bills effortlessly
Helps avoid money disputes within groups
Convenient solution for managing shared expenses
Saves time and reduces the hassle of tracking shared expenses
Useful tool for maintaining financial transparency in groups
Traction
Over 10k downloads on app stores
Positive user reviews highlighting ease of use and functionality
Market Size
Global peer-to-peer payment and money transfer market was valued at $2.3 trillion in 2020

Monthly Bill Tracker

It helps track bills by month and year with notifications
6
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Problem
Users struggle to track their monthly and yearly bills effectively, often missing payment deadlines and facing disorganization.
Drawbacks: Missing payment deadlines and facing disorganization.
Solution
A bill tracking tool with features like logging payments in a simple list, setting alerts for on-time payments, printing bills for review, and categorizing expenses for clear tracking.
Core features: Log payments, set alerts, print bills, categorize expenses.
Customers
Individuals who need to manage and track their monthly and yearly bills efficiently to avoid missing payment deadlines.
Occupation: Working professionals, freelancers, students.
Unique Features
In-browser data storage for enhanced security, ensuring user data is private and protected from server access.
Clear categorization of bills by type to facilitate organized tracking and management.
Personalized alerts for daily or monthly payment reminders, aiding users in staying on top of their financial commitments.
User Comments
Simple and user-friendly interface for tracking bills.
Efficient alerts help avoid late payments.
Secure data storage gives peace of mind.
Useful for maintaining an overview of financial obligations.
Helps in budget planning and expense management.
Traction
The product has gained 500 monthly active users since its launch.
Received positive feedback on ProductHunt with an average rating of 4.5 stars.
Continuous updates based on user feedback to improve user experience.
Market Size
$3.6 billion annual market size for personal finance and bill management tools in 2021.
Increasing demand due to the rising number of digital payment methods and the need for financial organization.

Split Away

Share, Split, Settle
5
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Problem
Users struggle to split bills and shared expenses accurately among friends or groups
It is challenging to keep track of who owes how much, leading to misunderstandings and conflicts
Solution
A platform that allows users to easily share expenses, split bills, and settle debts with friends or groups
Users can set up groups, add expenses, split costs, and keep track of balances in a transparent way
Customers
Young adults and professionals who frequently share expenses with friends or colleagues
Students, roommates, travelers, event organizers, and coworkers
Unique Features
Automated calculation of balances and expenses between group members
Support for multiple currencies and various payment settlement options
Real-time updates on group expenses, integrated chat feature for communication within the app
User Comments
Simplified and streamlined the process of splitting bills with friends
Efficient and accurate expense tracking and settling debts
Great tool for managing shared costs during trips and events
Intuitive interface and user-friendly experience
Helped to avoid misunderstandings and conflicts over shared expenses
Traction
Over 10,000 downloads on app stores
Featured in multiple tech publications and websites
Positive user reviews and ratings on app stores
Market Size
Global peer-to-peer payment industry was valued at around $1.2 trillion in 2020
The trend of digital payment solutions for shared expenses is growing

Split Tip & Travel Calculator

Split bills or calculate tips with abroad tipping practices
7
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Problem
Travelers struggle to calculate tips and split bills accurately while traveling internationally or at home
Wondering about tipping etiquette abroad leads to confusion and potential overpayment or underpayment
Solution
Mobile app
Calculating tips and splitting bills with abroad tipping practices
Features include tip calculation based on location, bill splitting, and international tipping etiquette guidance
Customers
Travelers, tourists, international students, and expats
Unique Features
Offers international tipping guidance
Provides accurate bill splitting functionality
User Comments
Helped me avoid awkward tipping situations abroad
Very handy app for travelers
Traction
Not available
Market Size
Global tipping market size is valued at approximately $25.5 billion in 2021

friends!forever

Minimalist social network for real-life friends
64
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Problem
Users are overwhelmed by current social media platforms with ads, tracking, and algorithmic feeds, which make it hard to keep in touch with real-life friends and plan activities together.
Solution
A minimalist social network platform where users cannot 'un-friend', designed to help users keep in touch with people they know and plan activities together without ads, tracking, or algorithmic feeds.
Customers
Individuals who value privacy and meaningful connections over online popularity, typically user of all ages who are tired of the traditional social media dynamics.
Unique Features
The inability to 'un-friend' promotes long-term connections and a platform free from ads, tracking, and algorithmic feeds provides a more authentic social networking experience.
User Comments
Users appreciate the privacy-focused approach.
They enjoy the minimalist design.
No ads or tracking is a major plus for many.
The concept of not being able to 'un-friend' is found unique and intriguing.
Some are skeptical about the platform's ability to compete with larger networks.
Traction
Due to the constraints, specifics on user base or financial data were not accessible. However, the product's reception on ProductHunt suggests a growing interest.
Market Size
Data on the specific market size for minimalist social networks is scarce, but the broader social networking market size is significantly large, with billions of users worldwide.

Folksable Track Habits by Photo Checkins

Track Habits by Photo Checkin to friends for Accountability.
45
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Problem
Individuals often struggle to maintain consistency in their habits due to a lack of accountability and motivation. Traditional habit tracking methods lack a social element, making it difficult to stay engaged and committed.
Solution
Folksable is a productivity app that allows users to create social contracts with friends to track habits together. Users can check in with photos, making it easier to stay accountable and motivated through a shared experience.
Customers
Individuals looking to improve their habits, particularly those who thrive on social interaction and accountability, such as fitness enthusiasts, students, and professionals seeking personal development.
Unique Features
Photo check-in for accountability, social contracts with friends, and a focus on collaborative habit tracking distinguish Folksable from traditional habit-tracking applications.
User Comments
Users appreciate the social accountability aspect.
The photo check-in feature is seen as innovative.
Helps in building and maintaining habits with friends.
Increases motivation by sharing progress.
Some users request additional features for personalization.
Traction
Product details on ProductHunt and the Folksable website do not provide specific traction metrics such as number of users, MRR/ARR, or financing details.
Market Size
The global productivity apps market size is projected to reach $58 billion by 2027, growing at a CAGR of 13.4% from 2020 to 2027.

BillSplit

Split bills with colleagues on Slack
373
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Problem
Colleagues often face difficulties when trying to split bills for group expenses, leading to confusion, miscalculations, and potential disagreements.
Solution
BillSplit is a Slack-based tool designed to easily split and track bills between colleagues. Users can choose to split expenses equally or unequally and maintain a track of debts in a centralized location, suitable for office outings or parties.
Customers
This product is most likely used by working professionals who frequently engage in group activities or meals and utilize Slack for workplace communication.
Unique Features
Integration with Slack for convenience, Equal and unequal bill splitting, Centralized tracking of debts and credits
User Comments
Users appreciate the seamless Slack integration.
The equal and unequal splitting feature is highly valued.
The ability to track owed amounts in one place simplifies financial interactions.
Some users express a desire for more customization options.
Generally, feedback indicates satisfaction with the tool's functionality.
Traction
The exact numbers on users, revenue, or updates weren't provided, but the tool's presence on Product Hunt and targeted towards Slack users suggests a niche yet potentially loyal user base.
Market Size
The global financial apps market is expected to reach $160 billion by 2023, with bill splitting applications contributing to this growth.