SplitMyExpenses
- Company typePrivate
- Founded2023
- HeadquartersNot disclosed, United States
- Headcount1–10
- GTM typeB2C
- OfferingSoftware
What SplitMyExpenses does
SplitMyExpenses, operated by VuxByte LLC, is a consumer bill-splitting platform that enables groups of friends, roommates, couples, and travelers to track shared expenses and settle up. Founded in January 2023 by Bradley Bernard, the product is offered as a web application at splitmyexpenses.com and, since November 2025, as native iOS and Android apps distributed through the Apple App Store and Google Play Store. Core functionality includes six split types (equal, percentage, shares, adjustment, manual, itemization), multi-currency support across 150+ currencies with automatic exchange-rate fetching, and direct deep-linking to Venmo, Cash App, PayPal, Zelle, and UPI for settlement. AI features include receipt photo OCR with automatic itemization and tax/tip weighting, expense auto-categorization across 104 categories, and AI-powered expense summarization; these are gated behind a premium tier.
The technology stack combines a modern web application with native mobile apps, Stripe Financial Connections for secure bank and credit card linking, and AI services for receipt scanning and text-based categorization. Recurring expenses, an activity log for audit trail, group balance toggles, and a debt minimization algorithm round out the feature set. The company has raised $0 in capital and operates with a single founder-engineer, indicating a fully bootstrapped model.
Revenue comes from a freemium subscription: the free core tier offers basic splitting with limited AI and a cap on recurring expenses, while the Unlimited tier at $3.99/month or $47.88/year unlocks unlimited AI receipt scanning, bank/card auto-imports, default group splits, and priority processing. Go-to-market is product-led growth through self-serve web and app store sign-ups, community engagement on Reddit and Product Hunt, content marketing via a blog of 27+ articles, and organic word-of-mouth, with particular emphasis on capturing users migrating from competitor Splitwise via a dedicated CSV import tool.
SplitMyExpenses firmographics
Firmographics- Name
- SplitMyExpenses
- Legal name
- VuxByte LLC
- Website
- https://splitmyexpenses.com
- Company type
- Private
- Founded year
- 2023
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Ownership category
- akta.pro rank
SplitMyExpenses industry classification
Industry- Product category
- Personal Finance / Shared Expense Management
- akta.pro primary industry
- Marketplace & Platform Payments (Split Payments, Sub-merchants) (FSAMACAG)
Keywords
Where SplitMyExpenses is headquartered
LocationHeadquarters
- HQ city
- Not disclosed
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SplitMyExpenses business model
Business model- GTM type
- B2C
- Offering type
- Software
- Cost components
- Personnel, Technology or R&D, Infrastructure, Marketing or Sales, Operations
Revenue model
- Premium Subscription (Unlimited Plan): Freemium model with free core tier providing basic bill splitting, expense imports up to 1 month old, 10 recurring expenses, and no AI features. Premium Unlimited tier at $3.99/month ($47.88/year) adds unlimited AI receipt itemization and expense summarization, unlimited recurring expenses, bank/card linking for daily auto-imports, default group splits, 100+ currency conversion, and priority processing.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free tier - basic bill splitting for individuals and small groups |
| Subscription | Monthly | Unlimited tier - full-featured premium experience |
Go-to-market motion2 records
Distribution channels3 records
Marketing channels7 records
SplitMyExpenses product offering
Product offeringCore offering
SplitMyExpenses is a bill-splitting platform available as a web application and native iOS/Android apps that lets groups of friends and roommates track shared expenses, split bills across six methods (equal, percentage, shares, adjustment, manual, itemization), and settle up directly through Venmo, Cash App, PayPal, Zelle, or UPI. It supports 150+ currencies, recurring expenses, bank/card linking via Stripe Financial Connections, and AI-powered receipt scanning with per-person tax/tip weighting. The core experience is free forever, with an Unlimited premium tier priced at $3.99/month that unlocks unlimited AI features and bank imports.
Product overview
SplitMyExpenses is a unified bill-splitting platform consisting of a web application and native mobile apps for iOS and Android. The core product provides expense tracking, group management, multiple split types, and payment integrations for settling up with friends. A premium 'Unlimited' subscription tier ($3.99/month) unlocks advanced AI features including unlimited receipt scanning and itemization, AI expense summarization, unlimited recurring expenses, bank account linking for auto-imports, and priority processing. All tiers support 150+ currencies and integrate with Venmo, Cash App, PayPal, Zelle, and UPI for payment settlement.
Differentiator
Problem solved
Functional benefit
Products and services
- SplitMyExpenses Web Platform A web-based bill splitting application that lets individual users and groups track shared expenses, split bills using six methods (equal, percentage, shares, adjustment, manual, itemization), and settle up via Venmo, Cash App, PayPal, Zelle, or UPI. Supports 150+ currencies, AI receipt scanning, recurring expenses, and spending analytics.
- SplitMyExpenses iOS App Native iOS application for iPhone, iPad, and Mac with full feature parity to the web platform, including expense creation, group management, AI receipt scanning, balance tracking, recurring expenses, multi-currency support, and payment integrations.
- SplitMyExpenses Android App Native Android application with full feature parity to the web platform, including expense creation, group management, AI receipt scanning, balance tracking, recurring expenses, multi-currency support, and UPI payment integration.
- Unlimited Premium Subscription Premium subscription tier at $3.99/month or $47.88/year that unlocks unlimited AI receipt itemization, AI expense summarization, AI category prediction, unlimited recurring expenses, expense imports with no date limits, bank and credit card linking for daily auto-imports, default group splits, currency conversion to 100+ currencies, and priority processing.
Quantifiable outcome
- No limits on number of friends, groups, or expenses in free tier
- +3 more outcomes
Companies that use SplitMyExpenses
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles4 records
SplitMyExpenses technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration8 records
AI capability7 records
Feature10 records
SplitMyExpenses partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core.
- StripecoreStripe powers financial account connections via Stripe Financial Connections, enabling users to link credit cards and bank accounts for automatic transaction import. SplitMyExpenses never sees user credentials. Stripe also handles payment processing for subscriptions.
- VenmocoreDeep integration allowing users to settle up directly to/from Venmo. Charge buttons link directly to Venmo charge/pay screens with pre-filled amounts. On mobile, opens native Venmo app; on desktop, opens Venmo web.
- Cash AppcorePayment app integration for settling up debts. Direct linking to Cash App charge/pay screens with pre-filled amounts.
- PayPalcorePayment app integration for settling up debts. Direct linking to PayPal payment screens with pre-filled amounts.
- ZellecorePayment app integration for settling up debts via Zelle. Direct linking to Zelle with pre-filled amounts.
- UPI (Unified Payments Interface)corePayment integration for Indian users via UPI for settling up debts directly.
Scale indicators5 records
Recent moves6 records
Expansion highlights5 records
SplitMyExpenses competitors and assessment
Company assessmentDirect peers
- Tricount: Popular group expense splitter, especially strong in Europe. Competes head-on for the travel-groups and shared-trip segments with similar group-balance, multi-currency, and settlement features.
- Splittable: Bill splitting app focused on shared expenses among roommates and groups. Overlaps directly with SplitMyExpenses on group expenses, balances, and settle-up flows.
- Divvy: Bill splitting and shared expense tracking app for groups. Closely comparable on core bill-splitting mechanics and group balance management.
- Splitwise: The dominant incumbent in shared expense tracking among friends and groups. SplitMyExpenses explicitly positions itself as a 'modern Splitwise alternative' with a Splitwise CSV import tool, and multiple testimonials cite users switching away from Splitwise.
- Splid: Group expense splitting app with shared groups and balance tracking. Targets the same friends/roommates/couples segments with comparable group-balance functionality.
- Splittr: Expense splitter with categories and group balances. Competes for similar consumer use cases around travel and shared household expenses.
- Settle Up: Group bill-splitting app with multi-currency support and payment integrations. Directly competes for the same 'friends splitting expenses on trips and shared housing' use case, with overlapping feature sets (groups, balances, multi-currency).
Broad incumbents
- PayPal: Global digital wallet with built-in 'split a bill' and Money Pool features. Operates as a payment integration for SplitMyExpenses but also offers a one-stop alternative for users seeking simple splits.
- Venmo: Major US P2P payment app with a native 'split' feature embedded in its social feed. Although primarily a payment rail that SplitMyExpenses integrates with, Venmo's built-in splitting competes at the low-friction end of the same consumer use case.
- Cash App: Block-owned P2P payment app offering in-app split and 'boost' features. Functions as both an integration partner and a competing surface for simple bill-splitting flows.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights6 records
Customer concentration
SplitMyExpenses social profiles
Digital presenceSplitMyExpenses financial estimates
Financial estimateRevenue estimate
Valuation estimate
SplitMyExpenses leadership team
Management profileNumber of profiles
Profiles1 record
SplitMyExpenses funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SplitMyExpenses M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SplitMyExpenses
What does SplitMyExpenses do?
SplitMyExpenses is a bill-splitting platform available as a web application and native iOS/Android apps that lets groups of friends and roommates track shared expenses, split bills across six methods (equal, percentage, shares, adjustment, manual, itemization), and settle up directly through Venmo, Cash App, PayPal, Zelle, or UPI. It supports 150+ currencies, recurring expenses, bank/card linking via Stripe Financial Connections, and AI-powered receipt scanning with per-person tax/tip weighting. The core experience is free forever, with an Unlimited premium tier priced at $3.99/month that unlocks unlimited AI features and bank imports.
Is SplitMyExpenses a public or private company?
SplitMyExpenses is a private company. It is classified as founder individual operated bootstrapped and is currently operating.
When was SplitMyExpenses founded?
SplitMyExpenses was founded in 2023. It employs 1 to 10 people.
Where is SplitMyExpenses based?
SplitMyExpenses is headquartered in Not disclosed, United States, in the North America region.
How does SplitMyExpenses make money?
One revenue line is on record: premium Subscription (Unlimited Plan).
Who are SplitMyExpenses's main competitors?
Direct peers on record are Tricount, Splittable, Divvy, Splitwise, Splid, Splittr and Settle Up. Broad incumbents are PayPal, Venmo and Cash App.
Does SplitMyExpenses have an API?
No public API is recorded for SplitMyExpenses.
What industry is SplitMyExpenses in?
SplitMyExpenses's product category is Personal Finance / Shared Expense Management. Its primary akta.pro industry code is FSAMACAG, Marketplace & Platform Payments (Split Payments, Sub-merchants).