Loop App (Money)

Split expenses, lend money, send money, borrow money, chase money or gift money – all via one app – Loop! We all share money with friends, whether it’s picking up the tab from a night out, flat sharing, or lending someone money to help them get by. However, keeping track can be a nightmare. Loop does all the hard work for you by keeping tabs, sending reminders, and managing all payments – and its 100% free to use. With Loop you can: 1. Split expenses: Did you or a friend pay the shared bills, dinner and drink tabs from the night out, or the taxi fare – whatever the expense add it to Loop. You can split the amount evenly or unevenly between one or more friends. Loop will work out who owes what and remind you all to pay each other back. Payments can be made directly in the app – so no need to share bank details over and over again. 2. Lend (and borrow money): If you are short of money or need an occasional helping hand from the bank of mum and dad, then use Loop. You can request your friends (or family) to help you out, and they can send you money directly to your account with Loop. Loop will then remind you when to pay it back. Or if you want to help a friend out, do it via Loop. It’s logged and chased for you! 3. Track money: Does a friend owe you some money? Do they always seem to ‘forget’? Now, you can add it to Loop. Your friend will be reminded when to pay you back and they can settle it directly in the app. No excuse for not knowing your bank details! 4. Gift money: Buying presents can be a nightmare. So, why not let them choose? Use Loop to send money as a gift for any occasion. You can choose the amount and select a fun e-card; your friend will be notified instantly the moment the money is sent. Easy! Perfect for those last-minute gifts that you ‘accidentally’ forgot about.