Splitwise is a popular expense sharing application that helps users split bills and expenses with friends and family.
Free with optional paid features
Best IOU Alternatives ranked by AI · updated Aug 2026
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IOU is a personal debt-tracking app for recording money lent or borrowed between individuals. It is aimed at users who want a straightforward ledger for balances, repayments, and reminders.
Top 6 IOU alternatives
Settle Up is a group expense manager app that helps you track and split bills with friends and roommates. It simplifies the...
Free with in-app purchases
Tricount is a simple and efficient way to track group expenses. Perfect for trips, holidays, or sharing flat expenses with roommates!
Free with optional in-app purchases
LendPal is a personal lending tracker for recording money or items lent to friends, family, and other individuals. It helps users monitor...
Pros
- More focused on informal personal lending than general budgeting apps
- Can track individual loans and repayment status
- Simpler than full-featured lending-management software
Cons
- Less established than Splitwise and other debt-tracking apps
- Limited support for shared expenses and group bill splitting
- Fewer integrations and reporting features than commercial alternatives
Spliit is a free, open-source web app for splitting expenses among groups. It runs in a browser and calculates balances without requiring...
Pros
- Free and open source
- No account is required for basic expense-splitting sessions
- More privacy-friendly than many account-based alternatives
Cons
- Less focused on tracking a loan over time than LendPal
- Fewer mobile-native features and reminders
- Limited integrations and payment-settlement options
6
Money Manager Expense & Budget
Realbyte Inc.
Money Manager Expense & Budget is a personal-finance app for tracking income, spending, accounts, budgets, and financial records. Users can adapt account...
Pros
- Broader budgeting and account tracking than LendPal
- Useful when lending records need to sit alongside a complete personal ledger
- Offers reports, categories, budgets, and recurring transactions
Cons
- Requires more setup for a simple loan ledger
- Not designed primarily for social debt settlement
- Less convenient for collaborative expense tracking than Splitwise
Freemium, Premium from $5.99
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