Splitwise has been the default app for splitting expenses with friends, roommates, and travel buddies since 2011. It does one thing - group expense splitting - and does it well.
But what if you could get the same splitting features plus a full personal finance app? Finvex: All-in-One matches Splitwise's group features and adds 40+ more - all starting free. Here's how they compare.
Quick Overview
| Aspect | Finvex | Splitwise |
|---|
| Total features | 55+ | ~12 |
| Free tier | Yes (all features) | Yes (limited) |
| Monthly price | $0.29–$4.99 | $4.99 (Pro) |
| Group splitting | Yes | Yes |
| Personal expense tracking | Yes | No |
| Budget planning | Yes | No |
| Investment tracking | Yes | No |
| AI features | Yes | No |
| Group chat | Yes | No (comments only) |
| Group polls | Yes | No |
Group Splitting Features Compared
Let's compare the core splitting features - Splitwise's main strength - side by side:
| Splitting Feature | Finvex | Splitwise |
|---|
| Create unlimited groups | Yes | Yes |
| Equal splitting | Yes | Yes |
| Percentage splitting | Yes | Yes |
| Custom amount splitting | Yes | Yes |
| Real-time balance tracking | Yes | Yes |
| Settlement tracking | Yes | Yes |
| Group chat | Yes | No (comments only) |
| Group polls | Yes | No |
| QR code sharing | Yes | No |
| Friends system | Yes | Yes |
| Direct messaging | Yes | No |
| Receipt scanning | Yes (AI-powered) | Basic (Pro only) |
For the core splitting experience - creating groups, adding shared expenses, and tracking balances - both apps deliver. But Finvex adds group chat, polls, QR sharing, and direct messaging, making the social experience more complete.
The group chat feature is particularly useful. Instead of arguing in a separate WhatsApp group about who paid for dinner, you discuss it right in the app where the expense lives.
Beyond Splitting: Extra Features
Here's where Finvex pulls far ahead. Splitwise is only a splitting app. Finvex is a complete personal finance platform:
- Personal expense tracking - Categories, notes, recurring transactions, filters, search
- Budget planning - Monthly/custom budgets with real-time tracking and alerts
- Investment tracking - Stocks, 200+ cryptos, gold, ETFs, bonds, real estate
- AI chat assistant - Personalized insights based on your spending data
- AI receipt scanning - Point your camera at a receipt, AI extracts all details
- Voice commands - "Add $45 for groceries" - done in 5 seconds
- Loan tracking - Track money lent and borrowed with reminders
- Multi-currency - Multiple currency accounts with live exchange rates
- Reports and exports - PDF/CSV exports, category breakdowns, month-over-month comparisons
- Savings goals - Set targets and track progress
- Net worth dashboard - Complete financial picture
- Financial health score - 0-100 score based on your habits
- FlowCoins rewards - Earn rewards for good financial habits
- Offline access with cloud sync - Works without internet, syncs across devices when online
With Splitwise, you split expenses with your group. Then you open a separate app to track personal expenses, another for budgets, and another for investments. With Finvex, it's all in one place.
Pricing Comparison
| Plan | Finvex | Splitwise |
|---|
| Free tier | All 55+ features, banner ads | Basic splitting, ads, limited features |
| Paid (Tier 1) | $0.99/mo (Core) – $4.99/mo (Premium) | $4.99/mo (Pro) |
| Paid (Tier 3) | $0.29/mo (Core) | $4.99/mo (same globally) |
| Annual (Tier 1) | $7.99/year (Core) | Not available |
Splitwise Pro costs $4.99/month everywhere in the world. Finvex's Core plan starts at $0.29/month with regional pricing. Even at Tier 1 (US/UK), Finvex's Core plan at $0.99/month is 5x cheaper than Splitwise Pro - and includes 40+ additional features.
If you're currently using Splitwise ($4.99/mo) plus a budget app like YNAB ($14.99/mo), switching to Finvex saves you nearly $20/month while getting more features.
User Experience
Splitwise has a mature, well-polished interface for group splitting. Adding expenses and viewing balances is intuitive. It's been around since 2011, so the UX has been refined over years.
Finvex is newer but designed with modern UX patterns. The app handles the additional complexity of 55+ features without feeling overwhelming - features are organized into clear sections (expenses, budgets, groups, investments, AI). The interface is clean and purpose-built.
For the splitting experience specifically, both apps are solid. Splitwise has the advantage of brand recognition - your friends probably already have it. Finvex matches the feature set but your group members would need to download a new app.
For everything else, Finvex is the clear winner since Splitwise doesn't offer personal finance features at all.
The Verdict
If you only need group splitting and nothing else, Splitwise works. It's established, your friends probably have it, and the core splitting experience is solid.
But if you also track personal expenses, use a budget app, or want investment tracking, Finvex: All-in-One is the better choice. It matches Splitwise's splitting features and adds 40+ more - at a lower price. Instead of juggling Splitwise + a budget app + a stock tracker, you use one app for everything.
The math is simple: Splitwise ($4.99/mo) only splits expenses. Finvex ($0.99/mo or free) splits expenses AND tracks your personal finances. See the full comparison.
Frequently Asked Questions
Can Finvex replace Splitwise?
Yes. Finvex's group splitting features match Splitwise - equal, percentage, and custom splits, balance tracking, and settlement tracking. It also adds group chat, polls, QR code sharing, and 40+ additional personal finance features.
Do my friends need to use Finvex too?
For group splitting, yes - group members need accounts to see shared expenses and balances. The onboarding is quick (email or social login), and you can share group invites via QR code or link.
Can I use Finvex just for splitting?
Absolutely. You can use only the group splitting features and ignore everything else. But you might find yourself trying the budget tracker or AI assistant once you see them there.
Is the splitting feature free?
Yes. Group expense splitting with all split methods, balance tracking, group chat, and polls is available on the free Starter plan. No premium required for core splitting features.