Software Alternatives, Accelerators & Startups

LendPal VS Split Fee

Compare LendPal VS Split Fee and see what are their differences

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LendPal logo LendPal

Fast And Reliable Working Capital

Split Fee logo Split Fee

Split Fee connects UK recruitment agencies to collaborate on permanent placements. Share candidates and vacancies, match automatically, and split the fee.
  • LendPal Landing page
    Landing page //
    2021-05-18
  • Split Fee Login screen
    Login screen //
    2026-03-16
  • Split Fee Dashboard page
    Dashboard page //
    2026-03-16

Split Fee is a platform for UK recruitment agencies to collaborate on permanent placements.

Every agency has candidates they can't place and vacancies they can't fill. Another agency almost certainly has what you need โ€” but finding them, trusting them, and making the collaboration work has always been the hard part.

Split Fee solves this. Post your candidates and vacancies to the platform. Our matching algorithm finds opportunities across every agency on the network โ€” by skills, location, salary, and seniority. Candidate and client data stays anonymised until both sides agree to work together. When a placement is made, we handle the fee split and invoicing automatically.

No more posting in social media groups and hoping someone replies. No more sharing candidate details with strangers on trust alone. No more chasing invoices from agencies you barely know.

45% for you. 45% for them. 10% platform fee โ€” only when a placement is made.

Half of a placement fee is infinitely better than none of it.

Split Fee

$ Details
freemium ยฃ97.0 / Monthly
Release Date
2026 March
Startup details
Country
United Kingdom
Founder(s)
Abbie Taylor
Employees
1 - 9

LendPal features and specs

  • User-Friendly Interface
    LendPal offers a straightforward and intuitive interface that makes it easy for users to manage and track their loans and borrowings.
  • Automated Reminders
    The platform provides automated reminders for upcoming payments, which helps users stay organized and avoid missing payments.
  • Peer-to-Peer Lending
    LendPal facilitates peer-to-peer lending, allowing users to lend or borrow money directly from friends and family.
  • No Interest Fees
    The service operates without charging interest fees, making it an attractive option for those who want interest-free loans.

Possible disadvantages of LendPal

  • Limited to Personal Use
    LendPal is primarily focused on personal lending among friends and family, which may not be suitable for users looking for more formal or business-related loans.
  • Dependence on Personal Networks
    Since the platform relies on interpersonal networks for lending and borrowing, it may not be useful for those without such connections.
  • Lack of Formal Legal Protection
    Borrowing and lending through LendPal may lack the formal legal protections that traditional financial institutions provide.
  • Potential for Strained Relationships
    Engaging in financial transactions with friends and family could potentially strain relationships if not managed carefully.

Split Fee features and specs

No features have been listed yet.

Analysis of Split Fee

Overall verdict

  • Split Fee (split-fee.com) appears to be a niche referral/fee-splitting platform aimed at connecting professionalsโ€”likely in real estate, legal, or brokerage-type industriesโ€”to share commissions on referred deals. Without independent reviews or verified track record widely available, it should be approached with due diligence, but the concept itself addresses a real market need for structured referral partnerships.

Why this product is good

  • Provides a structured framework for professionals to formally split fees or commissions on referred business
  • Can help expand referral networks beyond one's immediate contacts or region
  • May reduce disputes over referral agreements by formalizing terms upfront
  • Potentially useful for professionals who receive occasional out-of-market or out-of-expertise leads they want to monetize

Recommended for

  • Real estate agents or brokers looking to refer out-of-area clients
  • Legal or financial professionals wanting to formalize referral fee arrangements
  • Freelancers or consultants who want to monetize leads outside their expertise
  • Small firms seeking to expand reach through partner referral networks

LendPal videos

LendPal app preview

More videos:

Split Fee videos

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Category Popularity

0-100% (relative to LendPal and Split Fee)
Online Payments
100 100%
0% 0
Recruitment
0 0%
100% 100
Payment Platform
100 100%
0% 0
SaaS
0 0%
100% 100

Questions & Answers

As answered by people managing LendPal and Split Fee.

Which are the primary technologies used for building your product?

Split Fee's answer:

A next-generation serverless platform, built for AWS.

What makes your product unique?

Split Fee's answer:

Split Fee is the first purpose-built platform for split fee recruitment in the UK. Instead of relying on LinkedIn groups, WhatsApp messages, and manual agreements, agencies upload their candidates and vacancies and the platform automatically matches them across agencies.

Candidate identities are revealed gradually; anonymised at first, then progressively disclosed as both sides accept, so agencies can collaborate without the risk of circumvention.

Why should a person choose your product over its competitors?

Split Fee's answer:

Most "split fee networks" are just directories or social groups where agencies post and hope someone responds. Split Fee is an actual matching engine. It scores candidate-vacancy pairs, handles the legal agreements (non-circumvention, self-billing), automates invoicing and fee splits, and manages the entire placement lifecycle from match to payment. Everything that normally requires trust, phone calls, and spreadsheets is handled by the platform.

How would you describe the primary audience of your product?

Split Fee's answer:

UK recruitment agencies; from boutique firms with a handful of consultants to mid-sized agencies with specialist sector coverage. Any agency that has either strong candidates without the right vacancies, or client vacancies they can't fill from their own candidate pool. Split Fee turns those dormant assets into placements.

What's the story behind your product?

Split Fee's answer:

Abbie, our founder, knew that although split fee arrangements have existed in recruitment for decades, the process has always been manual: find a partner agency, negotiate terms, trust them with your candidate data, chase invoices. Most agencies avoid it because the overhead and risk outweigh the reward. Abbie built Split Fee to remove that friction entirely, with automated matching, progressive identity disclosure, built-in legal agreements, and automated billing, making split placements as straightforward as direct ones.

User comments

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What are some alternatives?

When comparing LendPal and Split Fee, you can also consider the following products

Venmo - Venmo is the best way to pay your friends. It's simple, fun and free to use.

Unbench - Beyond recruitment, Unbench became a dynamic matchmaking platform, efficiently connecting companies with top specialists.

Zelle - Zelle is a fast, safe and easy way to send money in minutes to your friends and family.

LendList - Never again forget what you borrowed from someone and keep track of what your friends borrowed from you (Android app). - raphaelm/lendlist

MoneyMailMe - Chat Send & Receive Money Secure Instantly Almost Anywhere in the World

thangs - thangs simplifies and encourages the lending and borrowing of everyday objects.