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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.
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).

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.

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.

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).

Bill Splitter

Easy bill splitting - easy debt tracking - no more disputes
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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.
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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.

Life on Track

Track your habits, decorate your journal, share with friends
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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.

Split Bill Calculator

Free fair & simple expense sharing with no signup required
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Problem
In the current situation, users face challenges when trying to fairly divide shared expenses during group activities such as dining out, traveling, or managing household costs.
The old solution requires manual calculation and tracking, which can be error-prone and time-consuming.
manual calculation and tracking
Solution
A web-based tool that provides an easy-to-use interface for expense sharing.
Users can enter names, bill amount, and payments to see who owes what, ensuring fair and accurate settlements.
helps groups fairly divide expenses
Customers
Event organizers, travelers, roommates, and friends who frequently share expenses and need an efficient way to manage them.
Unique Features
No signup required, making it accessible and convenient for quick use.
Provides a straightforward, fair, and accurate method to calculate shared expenses.
User Comments
Users appreciate the simplicity and ease of use.
Many find it helpful for splitting costs during travel and group events.
Some mention the no-signup feature as a major convenience.
There is positive feedback on the accuracy of the expense calculations.
A number of users find it to be an essential tool for managing group finances.
Traction
Detailed traction data is not provided specifically on the Product Hunt page or website.
Market Size
The market for mobile and online payment solutions, including bill-splitting tools, was valued at $27.7 billion in 2020 and is expected to grow significantly.

Balance Pro

Manage your money & track your spending
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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.