# IOU vs PAKKO

The clearest difference is in-app purchases: PAKKO at none against IOU's 3. IOU's advantage is ads (none vs shown). On price, update cadence, device support and iOS requirement there is nothing between them.

Both are free to download. IOU sells 3 in-app purchases, starting at $1.99 per month. PAKKO asks for nothing beyond the download.

IOU ships an update every 2 weeks, PAKKO every 3 weeks. The most recent releases landed on October 31, 2026 and October 24, 2026 respectively.

## The numbers

| Metric | IOU | PAKKO |
| --- | --- | --- |
| Price | Free | Free |
| Rating | **[5.0 (4 ratings)](https://appshunter.io/ios/app/iou-owetracker/id6757933178/reviews)** | — |
| Number of ratings | **4** | — |
| Positive reviews | 100.0% of reviews | — |
| In-app purchases | Yes | **No** |
| Ads | **No** | Yes |
| Update frequency | **Every 2 weeks** | Every 3 weeks |
| Monetization | Freemium | — |
| Size | 13 MB | 63 MB |
| Requires iOS | 17.0 | **16.4** |
| Devices | iPhone, iPad | iPhone, iPad |
| Age rating | 4+ | 4+ |
| Developer | [MASON QULIZADA](https://appshunter.io/developer/1869718916) | [Alvaro Vizuete Valle](https://appshunter.io/developer/1896570280) |

## What reviewers say

### IOU

[App page](https://appshunter.io/ios/app/iou-owetracker/id6757933178)

Easily track money lent, borrowed, and owed without spreadsheets. Manage personal debts, shared expenses, and recurring bills with clear overviews of balances and payment history. Log payments instantly and stay organized with automatic tracking for monthly charges.

**Highlights:** Track money lent, borrowed, and owed, Filter debts owed to you vs. money you owe, View balances, payment history, and upcoming charges, Log partial or full payments instantly, Automatically track recurring bills and subscriptions, Private and ad-free financial tracking

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases (3)**

| Purchase | Price | Billing |
| --- | --- | --- |
| OweTracker Pro – Monthly | $1.99 | per month |
| OweTracker Pro | $17.99 | per year |
| OweTracker Pro – Lifetime | $19.99 | one-time |


### PAKKO

[App page](https://appshunter.io/ios/app/pakko-split-expenses/id6768413855)

**Features:** macOS Compatibility

**In-app purchases:** none


## Frequently asked questions

### Is IOU free?

IOU is free to download, with in-app purchases available.

### Is PAKKO free?

PAKKO is free to download, with no in-app purchases.

### Do IOU or PAKKO have ads?

PAKKO shows ads; IOU does not.

### Which is updated more often, IOU or PAKKO?

IOU ships an update every 2 weeks, and PAKKO every 3 weeks. Most recently, IOU was updated on October 31, 2026 and PAKKO on October 24, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*