What is Heypenny?
Heypenny helps you split bills and trips fairly. Scan a receipt, pick who got what, and we'll calculate who owes what with tip and tax. And settle up later with groups (premium) to split with happy hour friends, trip buddies, housemates, or anyone.
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.