Software Alternatives & Startups

Splitwise VS Shares

Compare Splitwise VS Shares 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
Shares

Shares is an investment app that helps you turn your spare change into an investment portfolio instead of just a pile of coins.

Rating
0 reviews

Which is more popular?

Based on our record, Shares seems to be more popular. It has been mentioned 21 times since March 2021.

social mentions
0 vs 21
Personal Finance popularity
100% vs 0%
alternatives listed
240+ vs 48

Base details

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

Splitwise
Shares
Website splitwise.com shares.io
Listed in

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Shares 5 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.
  • User-Friendly Interface
    Shares.io offers a straightforward and intuitive user interface, making it accessible even for beginners in investing.
  • Educational Resources
    The platform provides a variety of educational resources, which can help users make informed investment decisions.
  • Community Engagement
    Shares.io fosters a community-driven approach, allowing users to share insights and tips about investments with each other.
  • Diverse Investment Options
    It offers a wide range of investment options, enabling users to diversify their portfolios easily.
  • Low Fees
    Shares.io is known for its competitive fee structure, which is beneficial for investors looking to maximize their returns.

Possible disadvantages

  • Limited Advanced Tools
    Compared to other platforms, Shares.io might lack some of the more advanced trading tools that experienced investors might expect.
  • New to Market
    Being relatively new, Shares.io might not have the track record or reputation established by longer-standing competitors.
  • Customer Support
    Some users might find the customer support insufficient, particularly during peak times when the demand is high.
  • Regional Restrictions
    The platform may have regional restrictions that limit accessibility for potential users worldwide.
  • Data Analytics
    Shares.io might not provide as in-depth data analytics and research tools as some other, more established platforms.

Analysis

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

Splitwise
Shares

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.

No analysis of Shares yet.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Shares 0 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

No Shares videos yet. You could help us improve this page by suggesting one.

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
Shares
100% 100%
0% 0%
86% 86%
14% 14%
100% 100%
0% 0%
0% 0%
100% 100%

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
Shares no reviews yet

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Social recommendations and mentions

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

Splitwise 0 mentions
Shares 21 mentions

Tracking Splitwise since Mar 2021.

  • Shares.io - get a £5 share for depositing £1 (no investment needed) plus £20 per referral
    Additional links Non-ref (no bonus) - https://shares.io/ Terms - https://shares.io/terms-referral/. Source: over 3 years ago
  • Shares: Free £5 when you deposit £1 + £20 per referral
    Here are the steps: (1) Send me a message for a referral. (2) Sign up and Deposit £1 to your account (3) You will receive £5 to your Shares account. You can invest this £5 or just leave it for 30 days. After 30 days you can withdraw... Source: over 3 years ago
  • [OFFER] Shares: free £10. £5 from them, £5 from me
    For more information, please refer to the terms here, or visit Shares' official website. Source: over 3 years ago

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Alternatives to Splitwise and Shares

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