# Splitwise Inc.

> Splitwise is a Providence-based consumer fintech company that keeps a shared ledger for roommates, couples, families and travel groups. Its web and mobile apps calculate who owes whom, simplify tangled group debts and, in supported markets, help users settle balances. A freemium subscription business grew from a rent calculator into a network used by tens of millions, but its move to limit free expense entry has created an opening for cheaper rivals.

- **Founded:** 2011
- **Headquarters:** Providence, United States
- **Founders:** Jonathan Bittner (CEO and co-founder), Ryan Laughlin (CTO and co-founder), Marshall Weir (Mobile engineering co-founder)
- **Team size:** Approximately 52 employees in the supplied company dataset; the public team page lists a similarly sized distributed team.
- **Products:** Splitwise, Fairness calculators, Splitwise Pro, Splitwise Pay, Pay by Bank
- **Notable:** Grew from a February 2011 rent-splitting product into a global web, iOS and Android service., Users recorded more than $1 billion in US-dollar expenses during 2014, when the company said it had only two engineers., Reached tens of millions of registered users and approximately $90 billion in managed shared expenses by the 2021 Series A announcement.

## Products & services

- **Splitwise** — Free web, iOS and Android shared-expense ledger for groups and one-to-one balances, with equal, unequal, percentage, share and adjustment-based splits.
- **Fairness calculators** — Public calculators that suggest neutral ways to split rent and other shared costs, the product idea from which Splitwise grew.
- **Splitwise Pro** — Paid subscription with unlimited expense entry, transaction import in the US, currency conversion, charts, receipt scanning, itemization, search, default split settings, early features and no ads.
- **Splitwise Pay** — US in-app peer-to-peer settlement linked to a checking account; banking services are provided by Coastal Community Bank and access is subject to eligibility.
- **Pay by Bank** — Tink-powered in-app bank-to-bank payments, introduced in the UK and later expanded to France, Germany and Austria.
- **Splitwise developer API** — OAuth-based API for developers building tools that read and manage Splitwise expense data with user permission.

## Achievements

- Grew from a February 2011 rent-splitting product into a global web, iOS and Android service.
- Users recorded more than $1 billion in US-dollar expenses during 2014, when the company said it had only two engineers.
- Reached tens of millions of registered users and approximately $90 billion in managed shared expenses by the 2021 Series A announcement.
- Reached hundreds of billions of US dollars in split or shared costs by 2024, according to the Tink partnership announcement.
- Raised approximately $30.2 million in disclosed funding, including a $20 million Series A led by Insight Partners.
- Expanded embedded Pay by Bank settlement from the UK into France, Germany and Austria.

## Latest updates

- **2026-08** — The US App Store listed version 26.8.1 with fixes and improvements.
- **2026-05** — Splitwise added broader dark-mode support and an in-app appearance toggle on Android and iOS.
- **2025-10** — The Tink partnership expanded Pay by Bank from the UK to France, Germany and Austria.
- **2024-04** — Splitwise and Tink announced embedded Pay by Bank settlement, initially for UK users.

## Links

- Website: https://www.splitwise.com/
- LinkedIn: https://www.linkedin.com/company/splitwise-inc-/
- Twitter/X: https://twitter.com/split_wise
- GitHub: https://github.com/splitwise
- YouTube: https://www.youtube.com/@splitwise
- Instagram: https://www.instagram.com/splitwise/
- Facebook: https://www.facebook.com/splitwise

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Profile page: https://yespress.io/splitwise-inc
Published by YesPress — https://yespress.io
Last updated: 2026-08-20