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!
GilFlow is smart cash flow management for individuals and teams — track income, expenses, subscriptions, and cash flow across every workspace, on the web and on Android.
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Which is more popular?
Based on our record, Stripe Identity
seems to be more popular. It has been mentioned
14 times
since March 2021.
social mentions
14 vs 0
Security popularity
100% vs 0%
alternatives listed
83 vs 240+
Base details
Website, pricing, platforms and company facts side by side.
Ease of Integration Stripe Identity can be easily integrated into existing applications, as it leverages Stripe's well-documented APIs and pre-built user interface components.
Security and Compliance It offers robust security features, such as document and selfie verification, while complying with global regulatory requirements like KYC (Know Your Customer).
User Experience The verification process is streamlined and user-friendly, reducing friction during the onboarding process.
Global Reach Stripe Identity supports multiple document types and verification processes across numerous countries, allowing for global scalability.
Fraud Prevention It helps businesses reduce fraud by reliably verifying the identities of users through advanced machine learning algorithms.
Possible disadvantages
Cost The pricing for Stripe Identity can be high, especially for small businesses or startups with limited budgets.
Dependence on Third-Party Businesses need to rely on Stripe for identity verification, which could be a downside if Stripe faces outages or issues.
Data Privacy Concerns As with any identity verification service, there could be concerns about the handling and storage of sensitive user data.
Limited Customization While Stripe Identity offers pre-built components, there may be limitations to how much businesses can customize the verification process to fit their specific needs.
Integration Complexity Though generally easy, integration could become complex for businesses with specialized or legacy systems that require custom solutions.
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.
Analysis
An editorial look at what each product does well and who it suits.
Stripe IdentitySplitwise
No analysis of Stripe Identity yet.
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.
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....
Recommendations tracked on public social media and blogs since March 2021.
Stripe Identity14 mentionsSplitwise0 mentions
Service Rents Email Addresses for Account Signups
This sounds similar to what Revolut and other fintech companies ask to do for identity verification (selfie and photo of id). There is also Stripe Identity [0], which costs $1.50 per validation. Are there other cheaper or similar...
- Source: Hacker News
/
over 3 years ago
Arkansas Makes It Illegal For Minors to Be on Social Media Without Parental Consent: The state’s governor signed a new bill requiring social media companies to obtain a photo ID of every new user, to prevent teens from lying on the internet more.
Not 100% sure but I assume (C) is referring to 3rd party identity verification services like what Stripe and many others provide. https://stripe.com/identity.
Source:
over 3 years ago
Real Motives Behind Replika's ERP Change
Yeah, but wouldn't adding identity/age verification solve the issue? If I recall correctly, they use Stripe for payments (at least in the web version), and Stripe provides strong identity verification (https://stripe.com/identity). So I...
Source:
almost 4 years ago
Amazon Cognito lets you add user sign-up, sign-in, and access control to your web and mobile apps quickly and easily. It scales to millions of users and supports sign-in with social identity providers and enterprise identity providers via SAML 2.0.
Compare Amazon Cognito to Stripe Identity or Splitwise:
AI-powered identity verification & fraud prevention software
Veriff provides a best- in-class identity verification solution combining AI with in-house experts to maximize accuracy and speed.
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