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!
Organize purchase receipts, track warranty deadlines, and download a searchable offline copy with your photos and PDFs.
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Which is more popular?
Based on our record, Homey App
seems to be more popular. It has been mentioned
5 times
since March 2021.
social mentions
5 vs 0
IoT popularity
100% vs 0%
alternatives listed
6 vs 240+
Base details
Website, pricing, platforms and company facts side by side.
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.
Homey AppSplitwise
Overall verdict
Homey is a well-regarded smart home hub and app that excels at unifying devices from many different ecosystems into a single, user-friendly platform, making it a strong choice for those seeking broad compatibility and powerful automation.
Why this product is good
Supports a wide range of protocols including Zigbee, Z-Wave, Wi-Fi, Bluetooth, Infrared, and Matter, allowing it to connect thousands of devices from different brands
Offers a polished, intuitive app interface that makes setting up devices and creating automations (called Flows) accessible to non-technical users
Powerful Flow automation engine enables complex, conditional smart home routines without needing coding knowledge
Acts as a central hub that reduces reliance on multiple manufacturer apps and vendor lock-in
Includes both a physical hub (Homey Pro) and a cloud-based option (Homey Bridge) to suit different needs and budgets
Active development with regular updates and a growing community and app marketplace
Recommended for
Smart home enthusiasts who own devices across multiple brands and ecosystems and want to unify them
Users who value advanced automation and customizable routines without needing to write code
People seeking an alternative to being locked into a single manufacturer's ecosystem
Households wanting local processing and privacy through the Homey Pro hub
Those upgrading to Matter and Thread compatible smart home setups
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....
One other solution I have seen online which is supposed to be a ready and easy to use device is HOMEY but I don’t have experience with it.
Source:
over 3 years ago
Now in new home with a few sets of windows with this Somfy remote. Is there any way this can work with HK via a bridge?
I set this up with a Homey. https://homey.app/en-us/. Now I have my blinds (and a lot more) in homekit.
Source:
almost 4 years ago
Retrofitting a KNX-enabled home with Matter
I stumbled upon Homey - A Better Smart Home, which looks very promising (hats off to their marketing/design department!). I'll definitely do some more research there but wanted to ask you experts for your opinions as well.
Source:
almost 4 years ago
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