Comparison

Owesy vs IOU

Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.

Head to head
About

Owesy

Easily calculate shared expenses and group bills among friends. This app simplifies splitting costs for trips, dinners, and other group activities, ensuring everyone pays their fair share with minimal transactions.

Highlights
  • Calculate complicated group tabs
  • Split costs evenly among groups
  • Add multiple amounts per person
  • Minimize settlement transactions
  • Calculate restaurant tips
  • Quickly input bill details
Features
Read full description

Have you ever gone away for the weekend with friends where everyone has paid different amounts – one person paid for the car rental, someone paid for the groceries, etc. – and then at the end of the weekend you're all trying to figure out who owes who what in order to settle evenly among everyone? Or did you go to dinner with friends and everyone is trying to figure out how much to put down and tip based on what they ordered? Owesy can do these two types of calculations with fast and easy inputs from you: 1. Complicated group tabs where everyone's paid amounts are meant to be split evenly by the group. Just enter everyone's names and amounts paid (you can add multiple amounts per person) and see who owes who what to settle evenly. Does this in the least number of transactions, no big! There are awards too ;) 2. Restaurant tipping. Quickly put in the bill's details and how much you're tipping and voila! The suggested way to pay appears. Owesy what you must! But paysy as you wish.

About

IOU

Effortlessly split bills with friends by scanning receipts. The app itemizes purchases, assigns them to individuals, and calculates each person's total including tip and tax. Avoid manual calculations and ensure fair payment among your group.

Highlights
  • Receipt scanning and itemization
  • Assign items to individuals
  • Automatic tax and tip calculation
  • Per-person total calculation
  • Eliminates manual bill splitting
Features
Read full description

IOU is the easiest way to scan receipts, itemize every purchase, and split group expenses accurately. Split what everyone actually ordered—no spreadsheets, no mental math, no awkward follow-ups. SCAN RECEIPTS. ASSIGN ITEMS. DONE. Take a photo of any receipt and IOU will automatically extract items, prices, and totals. Then tap through and assign each item to the right person. Perfect for dinners, trips, and shared purchases where everyone orders something different. ACCURATE SPLITS, EVEN INTERNATIONALLY Split expenses using items, equal splits, percentages, or exact amounts. IOU supports foreign currencies with real-world exchange accuracy using actual credit card charge rates. Region-aware calculations ensure tax and tip are handled correctly wherever you are. BUILT FOR GROUP EXPENSES Create groups for trips, dinners, roommates, and more. Customize groups with photos or curated artwork. Track all expenses in one place and view group insights and spending breakdowns. Settle up easily with Venmo & CashApp. POWERFUL RECEIPT FEATURES * Scan and automatically itemize receipts * Works with foreign receipts and translations * Assign items to individuals one by one * Upload and store receipts within groups * Share a clean breakdown with your group FLEXIBLE AND ORGANIZED * Import existing expenses from other apps * Export your data as CSV or PDF * Adjust settings based on your region * Customize the app with your preferred accent color WHY IOU MOST APPS SPLIT TOTALS. IOU SPLITS WHAT ACTUALLY HAPPENED. No more overpaying. No more chasing people. Just accurate, transparent group expenses. Terms of condition: https://www.apple.com/legal/internet-services/itunes/dev/stdeula/

Screenshots

Owesy4 screens
IOU4 screens

Verdict

The call

The clearest difference is rating: Owesy at 5.0 against IOU's 4.4. Owesy also leads on review sentiment (100% vs 60%) and in-app purchases (none vs 5). IOU's advantage is update cadence (fortnightly vs every 4 months). On price, ratings volume, ads and device support there is nothing between them.

Scored on Price · Rating · Positive reviews · Number of ratings · Update frequency · Ads · In-app purchases · Monetization · Best chart rank · Devices · Requires iOS

CostPrice · In-app purchases · Ads · Monetization

Both are free to download. IOU sells 5 in-app purchases, starting at $0.99 per month. Owesy asks for nothing beyond the download.

ReceptionRating · Positive reviews · Number of ratings

Owesy holds the better App Store score, 5.0 against 4.4. Both are backed by a comparable volume of ratings — 12 and 18 respectively. Written reviews point the same way: 100% of Owesy's written reviews are positive against 60% of IOU's.

UpkeepUpdate frequency

Owesy ships an update every 4 months, IOU fortnightly. Both last shipped on October 24, 2026.

Scorecard6 real differences · 4 level
Owesy versus IOU: the parameters behind the verdict, then further details
ParameterOwesyIOU
PriceFreeFree
Rating5.0 (12 ratings) — better4.4 (18 ratings)
Positive reviews100.0% of reviews — better60.0% of reviews
Number of ratings1218 — better
Update frequencyEvery 4 monthsFortnightly — better
AdsNoNo
In-app purchasesNo — betterYes
MonetizationFree — betterFreemium
DevicesiPhone, iPad, iPodiPhone, iPad, Vision Pro
Requires iOS15.1 — better26.0
Further details — not scored
Size28 MB53 MB
Age rating4+4+
DeveloperJacob LoetermanEric Agredo

Customer experience

Owesy

All ratings11 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews1 reviews
Positive100.0%
Neutral0.0%
Negative0.0%

IOU

All ratings17 ratings
Positive76.5%
Neutral17.6%
Negative5.9%
Written reviews10 reviews
Positive60.0%
Neutral30.0%
Negative10.0%

In-app purchases

None

Owesy

No in-app purchases

5 purchases

IOU

Subscriptions4
  • IOU Pro3 Days trial$0.991 Month
  • IOU Pro$2.991 Month
  • IOU Pro7 Days trial$6.991 Year
Show 1 more
  • IOU Pro7 Days trial$24.991 Year
One-time1
  • Lifetime IOU Pro$29.99

Questions

Is Owesy free?
Owesy is free to download, with no in-app purchases.
Is IOU free?
IOU is free to download, with in-app purchases available.
Which has better reviews, Owesy or IOU?
Owesy is rated higher. Owesy averages 5.0 out of 5 from 12 ratings, while IOU averages 4.4 from 18 ratings.
Do Owesy or IOU have ads?
Neither Owesy nor IOU shows ads.
Which is updated more often, Owesy or IOU?
Owesy ships an update every 4 months, and IOU fortnightly. Most recently, Owesy was updated on October 24, 2026 and IOU on October 24, 2026.

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