When you’re out with your friends, splitting the bill can get messy.
How do you divide the cost of drinks and entrées? Do you itemize everyone’s costs? When you have to split larger bills like rent, and utility bills, things become more intricate.
The days of correctly splitting the bills required math prowess are long gone. With bill-splitting digital solutions like the Splitwise app, bills can be split easily and accurately without any hassle.
Leading fintech companies like PayPal are even introducing bill-splitting features.
This blog will help you delve deeper into an understanding of the bill splitting app like Splitwise including the revenue models, how does Splitwise work and how to develop an app like Splitwise etc. Let’s begin with the basics first, i.e. what is Splitwise?