What is SettleFast?
SettleFast helps you split expenses with friends effortlessly. Track shared costs, minimize transactions, and generate detailed PDF reports—all in one app.
Problem
Users manually track shared expenses using spreadsheets or basic apps, leading to time-consuming calculations, error-prone records, and lack of consolidated reports.
Solution
A mobile app that lets users track shared costs, minimize transactions via optimization algorithms, and generate detailed PDF reports. Example: Automatically calculate who owes whom after a group trip.
Customers
Young adults, roommates, or friends splitting rent, utilities, trips, or event costs frequently.
Unique Features
Transaction-minimizing algorithm to reduce total payments, PDF report generation for accountability, and multi-user expense categorization.
User Comments
Simplifies group payments
Saves time on calculations
Loved the PDF summaries
No more awkward money talks
Wish it had currency conversion
Traction
Launched on ProductHunt in 2023, 650+ upvotes. No public revenue/user metrics yet.
Market Size
The global peer-to-peer payment market was valued at $2.06 trillion in 2022 (Grand View Research).
