The app is used for managing all the shared expenses (or common expenses) you make with your room-mates, colleagues or partners.
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I.O.U Mate is a free online tool that lets you track your debts (dinner splits, loaned books etc)...
How does it work?
1. Text us when you pay for something
A free tool to manage household IOUs with roommates, split bills and track group expenses so that everyone gets paid back. On the web, iPhone, and Android.
Splitting payments the fun and easy way
Online tools for personal finance, budgeting, and bill reminders. Split bills and IOUs with friends and roommates.