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!
All-in-one crypto finance platform for companies that run on stablecoins. Invoicing, payouts, treasury, budgets and AML — the whole money path in one non-custodial system. No banking friction, no spreadsheet reconciliation.
sponsored
Which is more popular?
Based on our record, Freetrade
seems to be more popular. It has been mentioned
16 times
since March 2021.
social mentions
16 vs 0
Investing popularity
100% vs 0%
alternatives listed
208 vs 240+
Base details
Website, pricing, platforms and company facts side by side.
Commission-Free Trading Freetrade offers commission-free trading on a variety of stocks and ETFs, making it an attractive option for investors looking to minimize trading costs.
User-Friendly Interface The platform is designed with simplicity in mind, making it accessible for both novice and experienced investors.
Fractional Shares Freetrade allows users to buy fractional shares, enabling them to invest in high-priced stocks without needing to purchase a full share.
Transparency Freetrade is transparent about its pricing and business model, offering a clear understanding of how they make money.
Regulation and Security The platform is regulated by the Financial Conduct Authority (FCA), ensuring a layer of security and trust for users.
Possible disadvantages
Limited Asset Classes Freetrade currently focuses on stocks and ETFs. Investors looking to trade a wider variety of asset classes like options, futures, or cryptocurrencies may find the platform limiting.
No Desktop Version Freetrade is primarily app-based and doesn't offer a desktop version, which could be inconvenient for users who prefer trading on a computer.
Basic Research Tools The platform offers basic research and analysis tools, which may not be sufficient for advanced traders who require comprehensive market data and analytics.
Lack of Advanced Order Types Freetrade does not support advanced order types like limit orders, which might be a dealbreaker for more sophisticated investors.
Limited Customer Support Customer support options are relatively limited, which can lead to slower response times during peak periods.
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
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
An editorial look at what each product does well and who it suits.
FreetradeSplitwise
No analysis of Freetrade yet.
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.
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...
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...
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....
Freetrade | London (ONSITE) | Full-time | https://freetrade.io | £75k-£150k Freetrade is a commission-free investing app used by over 1 million people in the UK.
- Source: Hacker News
/
over 1 year ago
Freetrade - free £10-£100 share when you deposit £50 (no need to invest)
Non-referral link (no free share): https://freetrade.io/.
Source:
over 3 years ago
Freetrade - Free share worth £10 to £100 for depositing £10
Freetrade is another stocks and shares trading app, where new customers can get a free share worth £10-100 for signing up through a referral link and deposting £10 (there is no need to invest the £10). The referrer must also have £10 in...
Source:
over 3 years ago
Robinhood
TradingView
Stonksfolio
Human IPO
Entrade
Gotrade
trading options
Tricount
Settle Up
Splid
Spliit
YNAB
ihatemoney
Splitser
