SplitMyExpenses 2.0
Alternatives
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SplitMyExpenses 2.0
Split bills with friends, track balances, and settle up
83
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.
Bill Split
Share expenses simply with your friends in seconds
4
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.
Let's Split
Share, track and settle group expenses all in one app
36
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.
Bill Splitter
Easy bill splitting - easy debt tracking - no more disputes
8
Problem
Splitting bills among friends is often a complex task
no easy way to track debts and payments between individuals
Solution
Mobile app
allowing users to split bills easily and track payments
Users can manage group expenses on outings, trips, or shared resources
Customers
Young adults
College students
Socially active individuals
Frequent travelers
People in shared living situations
Unique Features
Intuitive debt tracking
Focus on maintaining friendships
User-friendly interface
Automated tracking and reminders
User Comments
User-friendly interface and straightforward usage
Efficient for trips and group outings
Easy to manage shared expenses
Eliminates disputes about debts
Enhances spending transparency
Traction
Listed on ProductHunt
Highlighted for simplicity and effectiveness
Market Size
The global personal finance software market size was valued at approximately $1.0 billion in 2020 and is expected to grow
SuperSplit
Split bills. Track expenses. Settle up easily.
13
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.
Life on Track
Track your habits, decorate your journal, share with friends
26
Problem
Users currently rely on traditional habit tracking methods such as pen-and-paper journals or generic digital apps. The drawbacks of these old solutions include their inability to engage users visually, limited customization options, and lack of social sharing features.
Solution
A habit and routine tracking app that allows users to track their daily lives in a visually engaging way, decorate their virtual journal with stickers, and share their progress with friends. Core features include pixel-inspired tables for tracking, customization with stickers, and social sharing capabilities.
Customers
Individuals interested in self-improvement, organization, and productivity. Likely demographics include millennials and Gen Z who are tech-savvy and prefer visually appealing apps. They may also include bullet journal enthusiasts and people looking for a social aspect in habit tracking.
Unique Features
The unique combination of bullet journal inspiration with digital functionality, allowing for visual engagement, customization with stickers, and the ability to share progress socially.
Market Size
The global habit tracking apps market was valued at approximately $550 million in 2022, with expectations for significant growth due to increasing digitalization and a focus on personal development.
Balance Pro
Manage your money & track your spending
99
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.
Alternatives
View all Balance Pro alternatives →
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.
Problem
Currently, users manually divide bills among participants, which can involve math errors and disagreements.
When splitting bills without digital assistance, users face **incorrect calculations, potential arguments about fairness, and time-consuming manual entry tasks**.
Solution
A mobile app that enables users to split bills and trips fairly with ease.
Users can **scan a receipt, determine who ordered what, and allow the app to calculate individual costs including tip and tax**.
Customers
Young adults, notably **college students or people living with housemates**, often socialize and are regularly involved in group activities.
Young professionals who frequently dine out with colleagues or friends.
Unique Features
Integration of group settlement features at a premium level, which simplifies ongoing group expenses.
Added functionality to settle up with different groups, allowing seamless management of finances.
User Comments
Highly appreciate the receipt scanning feature.
Saves time and eliminates the hassle of manual calculations.
Effectively reduces potential conflicts over bill splitting with friends.
The premium feature is valuable for those who socialize frequently.
Some users find the interface intuitive and easy to navigate.
Traction
Recent launch, details on user numbers and revenue not specified yet.
Notable presence on ProductHunt but no exact metrics on traction.
Market Size
The market for bill splitting apps is substantial, with **millions of users** globally who engage in group activities like dining, traveling, and sharing households.
Splitt.ink
Easiest way to splitt bills among the group
3
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
Split by Cheebs
Group finances made easy, no matter where and with whom.
5
Problem
The current situation involves managing group finances and splitting bills manually, often leading to errors and confusion.
Drawbacks include the difficulty to easily and accurately categorize and split bills in seconds, and to settle debts in real-time, making it inefficient especially when dealing with multiple individuals.
Solution
A mobile app that allows users to manage group finances easily.
Users can split and categorize all bills in seconds and settle debts in real time using PayPal.
Customers
Households, friend groups, and individuals who need to manage shared expenses efficiently.
These users are typically aged 18-40, tech-savvy, and likely to engage in frequent financial transactions with peers.
Unique Features
Real-time debt settlement using PayPal.
Quick categorization and splitting of bills.
User Comments
Users find the app easy to use for splitting bills.
Real-time debt settlement is appreciated.
Great for managing shared expenses among friends.
User interface is intuitive and user-friendly.
Some users wish for integration with more payment platforms.
Traction
The product is relatively new with limited user numbers.
Gaining attention on Product Hunt with a growing user base.
Early-stage startup with Cem and Ben as founders.
Market Size
The global personal finance software market was valued at $764.2 million in 2019 and is expected to grow with increasing demand for digital financial solutions.