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Splitwise VS Ledgy

Compare Splitwise VS Ledgy 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
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Alternatives Is it good?
Ledgy

Ledgy is the world's first unified platform for equity and executive compensation. Automate manual processes, stay compliant, and keep your team engaged, from first hire to IPO and beyond.

Rating
5.0 · 1 review
Pricing
Freemium Free trial €5,000 / Annually
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Alternatives Is it good?
BuyKeep by PlenDesk
Organize purchase receipts, track warranty deadlines, and download a searchable offline copy with your photos and PDFs. sponsored
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?

Based on our record, Ledgy seems to be more popular. It has been mentioned 1 time since March 2021.

social mentions
0 vs 1
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 115

Base details

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

Splitwise
Ledgy
Website splitwise.com ledgy.com
Pricing —
Freemium Free trial €5,000 / Annually Official pricing
Platforms —
Browser Web Firefox Google Chrome Safari Internet Explorer REST API iOS Android +6
Company — Startup from Switzerland · 50 - 99 employees · 2017
Listed in
Personal Finance Expense Tracking Bill-Splitting Apps Finance +1
Equity Management Cap Table Management Angel Investing Project Portfolio Management Portfolio Reporting +2

About Splitwise and Ledgy

In their own words, as submitted to SaaSHub.

Splitwise
Ledgy

No description of Splitwise yet.

Stay compliant, save time and engage your team. Ledgy is the world's first unified platform for equity and executive compensation, built to take your company further. Turn time-consuming, manual processes into simple, automated workflows. Adapt Ledgy to your needs, update records instantly,...

Read more about Ledgy

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Ledgy 7 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.
  • Cap Table Management
    Unlimited
  • Equity Plan Management
    + Employee dashboard
  • Investor Relations
    Powerful branded reporting
  • Scenario Modeling
    Round and exit modeling
  • Swiss privacy & security
    Best-in-class security
  • Data Room
    500 MB
  • Admin Seats
    4 seats

Analysis

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

Splitwise
Ledgy

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

  • Ledgy is generally considered a good choice for companies looking for reliable equity management solutions. Its ease of use, robust features tailored to startups, and ability to handle complex equity structures make it a compelling option for businesses that need to manage their cap tables efficiently.

Why this product is good

  • Ledgy is a notable equity management platform, particularly for startups and growing companies. It offers comprehensive cap table management, employee participation programs, and detailed financial forecasting. The platform is designed to streamline complex financial data, making it accessible and understandable for users. It also enhances collaboration among founders, employees, and investors by providing transparent views of equity-related information.

Recommended for

  • Startups looking to manage their cap tables more effectively.
  • Companies with employee stock option plans wanting streamlined administration.
  • Business founders seeking transparent equity management solutions.
  • Financial teams needing detailed reports and forecasts.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Ledgy 2 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

Ledgy | On-boarding in 10min or less

More videos

  • - Распаковка мыши Speedlink Ledgy / Unboxing Speedlink Ledgy

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
Ledgy
100% 100%
Personal Finance
0% 0%
0% 0%
Equity Management
100% 100%
100% 100%
Expense Tracking
0% 0%
0% 0%
Cap Table Management
100% 100%

User comments

Share your experience with using Splitwise and Ledgy. For example, how are they different and which one is better?

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Reviews and articles

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

Splitwise no reviews yet
Ledgy 5.0 · 1 review

View more

  • Ledgy is a game changer for us
    SaaSHub review
    · Mar 2020

    Super easy to keep track of portfolio (investment history, ownership, .. ) + easily understand cap table and model scenarios. Their best feature by far is, however, their streamlined equity plan management. Also, a...

Social recommendations and mentions

Recommendations tracked on public social media and blogs since March 2021.

Splitwise 0 mentions
Ledgy 1 mention

Tracking Splitwise since Mar 2021.

  • Ask HN: Who is hiring? (February 2024)
    [Ledgy.com](http://ledgy.com/) | Senior Engineers | Onsite London, Berlin, Zurich, remote (EU) | Full-time | Competitive salary + equity Ledgy is the Sequoia-backed equity management platform that aligns teams behind a common goal,... - Source: Hacker News / almost 3 years ago

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