Software Alternatives & Startups

Splitwise VS Teem Tracker

Compare Splitwise VS Teem Tracker 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
Teem Tracker

Teem is a fast, battery-efficient family and friends location tracker for real-time GPS location sharing.

Rating
0 reviews
Pricing
Freemium Free trial $3 / Monthly (Faster location, Unlimited place alerts, Live route sharing)
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 6

Base details

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

Splitwise
Teem Tracker
Website splitwise.com teemtracker.com
Pricing —
Freemium Free trial $3 / Monthly (Faster location, Unlimited place alerts, Live route sharing)
Platforms —
iOS iPhone Android
Company — 1 - 9 employees · 2023
Listed in

About Splitwise and Teem Tracker

In their own words, as submitted to SaaSHub.

Splitwise
Teem Tracker

No description of Splitwise yet.

Teem is a fast, simple, and battery-efficient location tracker for iOS and Android. Used by over 150,000 people in more than 100 countries, it helps families, couples, and friends stay connected, look after each other, and feel closer in everyday life. Teem combines real-time location sharing,...

Read more about Teem Tracker

Features and specs

What each product offers, as listed by its team.

Splitwise 7 features
Teem Tracker 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.
  • Live Location Sharing
    Always know where loved ones are with fast 24/7 location updates.
  • Live Route Sharing
    Share your route so friends can see where you are and when you’ll arrive.
  • On map messages
    Send messages directly on the map without switching to a messenger.
  • Place Alerts
    Set up notifications to know when loved ones arrive and leave.
  • Personal map
    Add places to instantly see where loved ones are and what they’re doing.

Analysis

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

Splitwise
Teem Tracker

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 Teem Tracker yet.

Videos

Walkthroughs and reviews on video.

Splitwise 3 videos + Add
Teem Tracker 0 videos + Add

Splitwise - iPhone App Review! [2020]

More videos

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

No Teem Tracker 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
Teem Tracker
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 Teem Tracker.

What makes your product unique?

Teem Tracker's answer:

Best-in-Class Technology — Teem uses its own location technology to deliver faster and more accurate updates than most location trackers while consuming minimal battery power. Built for everyday use, it provides reliable location sharing without significantly affecting your phone’s battery life.

Smart Features — Teem goes beyond traditional GPS tracking. Share your route when visiting friends, send urgent messages without switching to a messenger, get notified when loved ones arrive home, or quickly check who’s nearby. Everything is designed to make everyday coordination easier.

Maximum Privacy — Location sharing is built around mutual connections. Teem doesn’t sell or share your location data with third parties. Its adaptive location technology updates your position when someone you’re sharing with needs it, rather than continuously tracking you in the background.

Frequent Updates — New features are added regularly, with continuous improvements to location accuracy, performance, and battery efficiency. Teem is an actively developed product with a clear long-term vision.

Noble Goals — Teem is an independent project built around a simple belief: location sharing should be as natural, useful, and accessible as everyday messaging. We want to create a location tracker that everyone needs, just like a messenger, while respecting users’ privacy and keeping their data out of the hands of third parties.

Why should a person choose your product over its competitors?

Teem Tracker's answer:

Teem stands out for its fast and reliable real-time location updates, low battery consumption, and simple, intuitive design. Users often report that Teem uses significantly less battery than other popular family locator apps.

Unlike many competitors, Teem works across different phone brands and operating systems, making it easy for everyone to stay connected.

Beyond location tracking, Teem offers place alerts, live route and ETA sharing, and location-based messaging. Our goal is to make location sharing effortless, without unnecessary complexity.

How would you describe the primary audience of your product?

Teem Tracker's answer:

Teem is designed for families, couples, and close friends who want to stay connected and know where their loved ones are.

Our primary users are parents keeping track of their children’s safety, couples sharing their daily locations, and friends coordinating meetups.

Teem is particularly useful for people who want reliable, continuous location sharing without constantly opening an app or sending messages.

What's the story behind your product?

Teem Tracker's answer:

Teem started in 2022 with a simple idea: location can be a powerful way for people to communicate and stay connected.

We wanted to build something beyond a traditional family tracker - a product that makes location sharing a natural part of everyday communication.

Our small, independent team spent years developing our own location technology, focusing on accuracy, speed, and battery efficiency.

Today, Teem is a growing, self-funded product used by people around the world. We’re continuing to build toward our original vision: making the map a more human and useful way to connect with the people who matter.

Which are the primary technologies used for building your product?

Teem Tracker's answer:

Teem is a native mobile application built for iOS and Android, powered by our own location-tracking technology.

Our infrastructure runs on Google Cloud, while Mapbox provides mapping and geospatial visualization.

A major part of our engineering effort goes into location accuracy, efficient background tracking, real-time data synchronization, and minimizing battery consumption.

Who are some of the biggest customers of your product?

Teem Tracker's answer:

Teem is a consumer app, so our customers are individuals rather than large companies.

Our users are primarily families, couples, and friends who rely on Teem for everyday location sharing.

We have a growing international audience, with particularly strong adoption in the United States, Germany, Brazil, Mexico, and other European countries.

User comments

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Reviews and articles

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

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Teem Tracker no reviews yet

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Alternatives to Splitwise and Teem Tracker

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