Software Alternatives & Startups

Splitwise VS Invoice Fly

Compare Splitwise VS Invoice Fly and see what are their differences

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!

Rating
0 reviews
Invoice Fly

Invoice Fly is the best way to organize and run your home service business: Every feature you need - all in one place.

Rating
0 reviews
Pricing
Freemium Free trial $98.99 / Annually
Note: These products don't have any matching categories. If you think this is a mistake, please edit the details of one of the products and suggest appropriate categories.

Which is more popular?

Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 55

Base details

Website, pricing, platforms and company facts side by side.

Splitwise
Invoice Fly
Website splitwise.com invoicefly.com
Pricing —
Freemium Free trial $98.99 / Annually Official pricing
Company — Startup from the United States · 20 - 49 employees · 2023
Listed in

About Splitwise and Invoice Fly

In their own words, as submitted to SaaSHub.

Splitwise
Invoice Fly

No description of Splitwise yet.

Invoice Fly simplifies billing and invoicing for small businesses and freelancers. Create professional invoices and estimates in minutes, customize them to match your brand, and send them directly to your clients. Get paid via PayPal or Stripe, and track payments. Available on desktop, Android,...

Read more about Invoice Fly

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Invoice Fly 3 features
  • 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.
  • Invoice Maker
    Create & send professional invoices in seconds
  • Receipt Scanner
    Scan your receipts and track your business expenses
  • Online Payments
    Get paid in seconds with Stripe and PayPal integrations

Analysis

An editorial look at what each product does well and who it suits.

Splitwise
Invoice Fly

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.

Overall verdict

  • Invoice Fly is a solid, easy-to-use invoicing and estimating app well-suited for freelancers and small businesses that need to create professional invoices quickly on mobile or desktop.

Why this product is good

  • Simple, intuitive interface that lets you create invoices and estimates in minutes
  • Supports customizable templates so invoices look professional and branded
  • Available across mobile and web, enabling billing on the go
  • Includes useful features like payment tracking, tax calculation, and multi-currency support
  • Affordable pricing with a free tier suitable for solo entrepreneurs and small teams

Recommended for

  • Freelancers and independent contractors
  • Small business owners needing quick invoicing
  • Tradespeople and service providers who bill on-site
  • Startups looking for an affordable billing solution
  • Users who need to manage estimates and invoices from mobile devices

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Invoice Fly 3 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

Invoice Fly App Review - Is It Worth It?

More videos

  • - INVOICE FLY APP EXPLAINED - IS IT WORTH IT?
  • - Invoice Fly App Review (2025) – Honest Review: Is It Really Worth Using?

Category popularity

How often each product is chosen within a category, 0–100% relative to the other.

Score bands 0–20 21–40 41–50 51–60 61–100
Splitwise
Invoice Fly
100% 100%
0% 0%
0% 0%
100% 100%
100% 100%
0% 0%
0% 0%
100% 100%

Questions & Answers

As answered by people managing Splitwise and Invoice Fly.

What makes your product unique?

Invoice Fly's answer:

Modern looks and simple to use, user-friendly

Why should a person choose your product over its competitors?

Invoice Fly's answer:

Because of its price and it's efficiency.

How would you describe the primary audience of your product?

Invoice Fly's answer:

Freelancers, Small Business and Blue Collar Contractors.

What's the story behind your product?

Invoice Fly's answer:

We developed this app focusing on helping workers and small business that need to accelerate their business growth and need a simple and efficient invoicing solution.

Which are the primary technologies used for building your product?

Invoice Fly's answer:

Flutter, iOS and Android technologies, APIs and Integrations.

User comments

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Reviews and articles

External articles and on-site reviews we used to compare the two products.

Splitwise no reviews yet
Invoice Fly no reviews yet

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Alternatives to Splitwise and Invoice Fly

When comparing Splitwise and Invoice Fly, you can also consider the following products.