Owesy vs IOU
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
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.
- Calculate complicated group tabs
- Split costs evenly among groups
- Add multiple amounts per person
- Minimize settlement transactions
- Calculate restaurant tips
- Quickly input bill details
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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.
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.
- Receipt scanning and itemization
- Assign items to individuals
- Automatic tax and tip calculation
- Per-person total calculation
- Eliminates manual bill splitting
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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
Verdict
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
Both are free to download. IOU sells 5 in-app purchases, starting at $0.99 per month. Owesy asks for nothing beyond the download.
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.
Owesy ships an update every 4 months, IOU fortnightly. Both last shipped on October 24, 2026.
| Parameter | Owesy | IOU |
|---|---|---|
| Price | Free | Free |
| Rating | 5.0 (12 ratings) — better | 4.4 (18 ratings) |
| Positive reviews | 100.0% of reviews — better | 60.0% of reviews |
| Number of ratings | 12 | 18 — better |
| Update frequency | Every 4 months | Fortnightly — better |
| Ads | No | No |
| In-app purchases | No — better | Yes |
| Monetization | Free — better | Freemium |
| Devices | iPhone, iPad, iPod | iPhone, iPad, Vision Pro |
| Requires iOS | 15.1 — better | 26.0 |
| Further details — not scored | ||
| Size | 28 MB | 53 MB |
| Age rating | 4+ | 4+ |
| Developer | Jacob Loeterman | Eric Agredo |
Customer experience
Owesy
IOU
In-app purchases
Owesy
No in-app purchases
IOU
- IOU Pro3 Days trial$0.991 Month
- IOU Pro$2.991 Month
- IOU Pro7 Days trial$6.991 Year
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- IOU Pro7 Days trial$24.991 Year
- Lifetime IOU Pro$29.99









