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!
Kickstarter is the world's largest funding platform for creative projects. A home for film, music, art, theater, games, comics, design, photography, and more.
EU VAT and OSS preparation for creators and small SaaS. Brings your sales from each platform into one view, applies the right VAT rate per country, and prepares quarterly OSS figures for you or your accountant to review and file.
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Which is more popular?
Based on our record, Kickstarter
seems to be more popular. It has been mentioned
23 times
since March 2021.
social mentions
0 vs 23
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 205
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.
Funding Opportunity Kickstarter provides a platform for entrepreneurs, artists, and creators to secure funding for their projects from a broad audience without giving away equity or taking on debt.
Market Validation Kickstarter allows creators to test the market demand for their product or concept before full-scale production, offering insights into potential success.
Community Engagement The platform fosters a community of backers who are interested and invested in the success of your project, often providing valuable feedback and promotional support.
Creative Freedom Creators retain full control over their projects and are not subjected to constraints imposed by traditional investors or funding sources.
Publicity Successful Kickstarter campaigns often attract media attention, which can further boost a project's visibility and attract more backers.
Possible disadvantages
All-or-Nothing Funding Model If a campaign does not reach its funding goal within the set timeframe, no funds are collected, which can be a significant drawback for creators.
High Competition With numerous projects vying for attention on Kickstarter, it can be challenging to stand out and secure the necessary funding.
Platform Fees Kickstarter charges a 5% fee on successfully funded projects, in addition to payment processing fees, which can reduce the total amount of funds received.
Intensive Campaign Management Running a successful campaign requires significant time and effort, including marketing, communication with backers, and managing logistics.
Risk of Failure There is no guarantee that a project will be funded or that it will be completed successfully even if funded, which can harm the creator’s reputation.
Analysis
An editorial look at what each product does well and who it suits.
SplitwiseKickstarter
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
Kickstarter is generally considered good for both creators seeking funding for their projects and backers looking to support creative endeavors. However, potential backers should be aware of the risks involved, as not all projects meet their goals or deliver on promises. Overall, its innovative approach to crowdfunding has had a significant positive impact on creative industries.
Why this product is good
Kickstarter is a popular crowdfunding platform that allows creators to launch projects in various categories such as art, technology, music, and more. It is well-regarded for its ease of use, community engagement, and the ability to connect creators directly with backers who are interested in supporting unique and innovative projects. The platform is especially appealing because it provides a space for niche projects that may not find funding through traditional means.
Recommended for
Creators with unique and innovative project ideas seeking funding.
Individuals interested in supporting creative and emerging projects.
Entrepreneurs looking to validate their product idea through community support.
Artists, musicians, and designers seeking an audience and financial backing for their work.
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....
Kickstarter is probably the most well-known crowdfunding platform in the world. It’s a good alternative to Patreon if you’re trying to raise money for one-time creative endeavors, but it doesn’t support memberships,...
Recommendations tracked on public social media and blogs since March 2021.
Splitwise0 mentionsKickstarter23 mentions
Tracking Splitwise since Mar 2021.
kickstarter.com
Hello everyone! Could you just quick look on our project on kickstarter.com. We are trying to reach goal. Every view and like is necessary for us. We are committed to delivering exceptional, sustainably sourced dried meat snacks that...
Source:
over 3 years ago
Local marketing tips? (KS feedback appreciated, too!)
Hi, not sure if I'm doing something wrong, but your link redirects to kickstarter.com. How did you target your IG ads?
Source:
over 3 years ago
But unfortunately I just realized that I don't have an kickstarter.com account. Is this normal? I think so, just checked my mails.
Source:
almost 4 years ago
As the largest global site for fundraisers, Indiegogo helps individuals, groups and non-profits raise money online to make their ideas a reality through crowdfunding. It's easy to start fundraising today.