Software Alternatives, Accelerators & Startups

Ably VS Splitwise

Compare Ably VS Splitwise and see what are their differences

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Ably logo Ably

The realtime platform that just works. We power more WebSocket connections than any other pub/sub platform, serving over 2 billion devices monthly.

Splitwise logo Splitwise

Splitwise is a free tool for friends and roommates to track bills and other shared expenses, so that everyone gets paid back. On the web, iPhone, and Android!
  • Ably Ably homepage
    Ably homepage //
    2024-08-05

We help teams deliver resilient AI UX and high-performance live experiences that stay fast and in sync worldwide. We provide the global realtime layer for AI agents, chat, notifications, live dashboards, and collaboration - engineered to handle peak demand without self-managed infrastructure.

Teams like HubSpot and Intercom use Ably to avoid the cost and complexity of building and operating realtime systems, while still getting predictable performance at serious scale, handling 2T+ API operations per month. Ablyโ€™s Pub/Sub, Chat, and AI Transport products are unified by design, with developer-friendly APIs and SDKs that integrate across your stack.

  • Splitwise Landing page
    Landing page //
    2023-01-23

Ably

Website
ably.com
$ Details
freemium
Release Date
2016 January
Startup details
Country
United Kingdom
Founder(s)
Matthew O'Riordan, Dr. Paddy Byers
Employees
50 - 99

Ably features and specs

  • Scalability
    Ably is designed to handle a massive number of concurrent connections and messages, making it scalable for both small and large applications.
  • Real-time Messaging
    Ably provides robust real-time messaging capabilities with low latency, supporting use-cases like live chat, gaming, and real-time data streaming.
  • Global Presence
    Ably has a globally distributed network, ensuring low latency and high availability for users around the world.
  • Advanced Features
    It offers advanced features such as message history, presence, and push notifications, which can enhance the functionality of real-time applications.
  • Security
    Ably includes built-in security features such as TLS encryption, token-based authentication, and private channels to ensure secure communication.
  • Extensive Documentation
    The service provides extensive and well-organized documentation, making it easier for developers to integrate and utilize its features.
  • SDKs and Libraries
    Ably offers a wide range of SDKs and libraries for different programming languages and platforms, easing the development process.
  • Reliable Delivery
    It ensures reliable message delivery with features like message queuing and message de-duplication.

Possible disadvantages of Ably

  • Complexity
    Due to its wide range of advanced features, the initial learning curve can be steep for new users.
  • Cost
    For large-scale applications or extensive use of advanced features, the costs can add up, making it potentially expensive.
  • Vendor Lock-in
    Relying heavily on Ablyโ€™s platform-specific features may result in vendor lock-in, making it challenging to switch to other services in the future.
  • Dependence on Internet Connection
    As a cloud-based service, Ablyโ€™s performance is highly dependent on the quality and reliability of the internet connection.
  • Third-party Integration
    While Ably offers various integration options, integrating certain third-party services may require additional custom development or may not be as seamless.

Splitwise features and specs

  • User-Friendly Interface
    Splitwise provides an intuitive and easy-to-navigate interface, making it straightforward for users to add expenses, keep track of debts, and settle up.
  • Multi-Platform Availability
    Available on the web, iOS, and Android, Splitwise ensures users can access and manage their expenses from almost any device.
  • Expense Tracking
    The app allows users to easily log and categorize expenses, which can be particularly useful for group trips, shared households, or any shared financial responsibility.
  • Flexible Split Options
    Users can split expenses equally, by percentages, shares, or custom amounts, providing flexibility in how costs are divided among group members.
  • Currency Conversion
    Splitwise supports multiple currencies, which is handy for international travel or groups with members from different countries.
  • Bill Reminders
    The app sends reminders for outstanding balances, helping users to stay on top of their payments and avoid forgotten debts.
  • Integration with Payment Platforms
    Splitwise can integrate with payment platforms like PayPal and Venmo for easy settlement of balances.

Possible disadvantages of Splitwise

  • Privacy Concerns
    Since Splitwise involves sharing financial information with others, there could be privacy concerns for those unwilling to share detailed expense data.
  • Subscription-Based Features
    Some advanced features, such as expense exporting and additional integrations, require a Splitwise Pro subscription.
  • Manual Entry Requirement
    Splitwise requires users to manually enter expenses, which could be time-consuming and prone to errors if not done diligently.
  • Limited Automatic Reconciliation
    While Splitwise helps track who owes whom, it does not automatically reconcile or pay off balances, leaving users responsible for manual payment.
  • Dependency on Group Honesty
    The accuracy of the expense records relies on the honesty and diligence of all group members, which may not always be reliable.
  • Potential for Confusion
    The various options for splitting bills (equally, by shares, etc.) can sometimes lead to confusion or disputes among users over what is fair.

Analysis of Ably

Overall verdict

  • Ably is a reliable and efficient real-time messaging platform, well-suited for applications requiring high performance and scalability. It is generally well-regarded within the developer community for its ease of use and robust feature set.

Why this product is good

  • Features
    Ably provides a comprehensive suite of features such as pub/sub messaging, presence, and history.
  • Security
    It implements robust security practices including TLS encryption, token-based authentication, and private channels.
  • Integration
    Supports numerous protocols and provides SDKs for various programming languages, making it easy to integrate with different systems.
  • Reliability
    Ably offers high availability and low latency, ensuring messages are delivered in real-time.
  • Scalability
    The platform can handle millions of active connections and is designed for horizontal scaling.

Recommended for

  • developers building real-time applications like chat apps, dashboards, or multiplayer games
  • businesses in need of a scalable solution for live updates and notifications
  • teams looking for a platform with strong security and compliance credentials
  • organizations requiring integration with existing development workflows and tools

Analysis of Splitwise

Overall verdict

  • Splitwise is a highly effective tool for managing shared expenses, especially if frequent splitting of costs is involved. Its features make it easy to track who owes what, and its automatic calculations save time and reduce errors.

Why this product is good

  • Splitwise is popular because it simplifies sharing and tracking expenses among groups, making it ideal for roommates, friends on trips, or any group spendings.
  • It automatically calculates balances and reminds users about payments, reducing the awkwardness of asking others for money.
  • Offers a user-friendly interface both on web and mobile apps, which makes managing expenses convenient and accessible.
  • Supports multiple currencies, which is great for international travel groups.
  • Integration with payment platforms like PayPal and Venmo for easy settlement of debts.

Recommended for

  • Roommates who need to regularly split household bills and expenses.
  • Groups of friends or families who often travel together and need to manage shared travel costs.
  • Colleagues or classmates working on projects or events that require shared funding.
  • Anyone who wants to avoid the hassle of manually tracking and settling shared expenses.

Ably videos

How to build a collaborative environment around your product

More videos:

  • Demo - How to build an avatar stack with Ably Spaces
  • Demo - Ably 101: Serverless WebSockets at scale

Splitwise videos

Splitwise - iPhone App Review! [2020]

More videos:

  • Review - Tricount vs Splitwise - App comparison
  • Demo - Splitwise Demo

Category Popularity

0-100% (relative to Ably and Splitwise)
Developer Tools
100 100%
0% 0
Personal Finance
0 0%
100% 100
Realtime Backend / API
100 100%
0% 0
Expense Tracking
0 0%
100% 100

User comments

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Reviews

These are some of the external sources and on-site user reviews we've used to compare Ably and Splitwise

Ably Reviews

We have no reviews of Ably yet.
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Splitwise Reviews

12 Best Bill Splitting Apps in 2023
Splitwise is among the most commonly used group payment apps that can easily keep a systematic record of all your informal debts including restaurant bills, travel expenses, cost of accommodation, and much more. With this expense sharing app, users can either create groups or split the bill privately among friends. Splitwise also registers and saves all the expenses and...
6 Best Bill Splitting Apps for Hassle-Free Expense Sharing
Splitwise employs an intelligent algorithm to calculate the exact amount owed by each user. It shows who paid for what, how much amount was paid by each member, and any outstanding balances. Furthermore, the application also keeps everyone updated about their balances and recent transactions.
Best Bill-Splitting Apps
For example, shared items like appetizers would be split among the entire group or just a few people in the group. The app can handily accommodate large parties by allowing you to add up to 10 people to each group. Once youโ€™ve divided up the food among all the plates you can add in tax and tip. The app is made by the same company as Splitwise and is completely free. The only...
7 Best Budgeting Tools and Apps for Personal Finance
This oneโ€™s not a complete budgeting app but itโ€™s still a handy one. Splitwise is a nifty app that helps people track how much they owe to friends and colleagues and vice versa. It makes sharing expenses on outings, meals, events, etc easy to track by logging in each transaction. It basically keeps a total over time, so that you can pay back the money in a large payment,...

Social recommendations and mentions

Based on our record, Ably seems to be more popular. It has been mentiond 26 times since March 2021. We are tracking product recommendations and mentions on various public social media platforms and blogs. They can help you identify which product is more popular and what people think of it.

Ably mentions (26)

  • AWS us-east-1 outage: How Ablyโ€™s multi-region architecture held up
    During this weekโ€™s AWS us-east-1 outage, Ably maintained full service continuity with no customer impact. This was our multi-region architecture working exactly as designed; error rates were negligibly low and unchanged throughout. Any additional round trip latency was limited to 12ms, which is below the typical variance in any client-to-endpoint connection, and well below our 40โ€“50ms global median; this is... - Source: dev.to / 10 months ago
  • Real-Time Sync Alternatives: Vaultrice vs. localStorage, DIY, Firebase, Pusher
    Services like Pusher and Ably are experts in real-time messaging. They provide robust APIs for pub/sub channels, allowing you to broadcast events to clients reliably. - Source: dev.to / 12 months ago
  • CometChat Alternatives โ€“ Comparing the Top 10 Competitors
    Ably is a real-time infrastructure platform that focuses on delivering low-latency, reliable messaging across global distributed systems. It's designed for developers building event-driven applications, including chat, but also supports broader use cases like live dashboards, GPS tracking, and collaborative tools. - Source: dev.to / about 1 year ago
  • Real-Time Authorization in a Chat Application with Permit.io and WebSockets
    For our web socket-based application, weโ€™ll be using Next.js and Ably, a service that allows us to easily integrate and manage real-time capabilities in our apps powered by web socket. - Source: dev.to / over 1 year ago
  • Curiosity: Using Ably.io Realtime Messaging as a Lightweight Database
    Ably offers various solutions for developers, with their most popular being realtime messaging based on the pub/sub model. When you publish a message to a channel, all devices connected to that channel receive it instantly. - Source: dev.to / over 1 year ago
View more

Splitwise mentions (0)

We have not tracked any mentions of Splitwise yet. Tracking of Splitwise recommendations started around Mar 2021.

What are some alternatives?

When comparing Ably and Splitwise, you can also consider the following products

Pusher - Pusher is a hosted API for quickly, easily and securely adding scalable realtime functionality via WebSockets to web and mobile apps.

Tricount - Manage and share expenses with friends

Socket.io - Realtime application framework (Node.JS server)

Settle Up - SETTLE UP is an indispensable app for friends and flatmates who need to keep track of shared bills...

PubNub - PubNub is a real-time messaging system for web and mobile apps that can handle API for all platforms and push messages to any device anywhere in the world in a fraction of a second without having to worry about proxies, firewalls or mobile drop-offs.

Splid - Splid helps friends manage their money.