# Wave vs EquitySlice

The clearest difference is rating: EquitySlice at 5.0 against Wave's 4.4. EquitySlice also leads on in-app purchases (none vs 4). Wave's advantage is update cadence (every 3 weeks vs every 12 months) and ratings volume (6.6K vs 4). On price, ads, device support and iOS requirement there is nothing between them.

Both are free to download. Wave sells 4 in-app purchases, starting at $8.00 per month. EquitySlice asks for nothing beyond the download.

EquitySlice holds the better App Store score, 5.0 against 4.4. That said, the two scores are not equally well evidenced: Wave has 6.6K ratings behind it against 4, so its average is the more settled of the two.

Wave ships an update every 3 weeks, EquitySlice every 12 months. The most recent releases landed on September 25, 2026 and June 5, 2026 respectively.

## The numbers

| Metric | Wave | EquitySlice |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [4.4 (6.6K ratings)](https://appshunter.io/ios/app/wave-small-business-software/id881629660/reviews) | **[5.0 (4 ratings)](https://appshunter.io/ios/app/equityslice/id1522811888/reviews)** |
| Number of ratings | **6.6K** | 4 |
| Positive reviews | 29.4% of reviews | — |
| In-app purchases | Yes | **No** |
| Ads | No | No |
| Update frequency | **Every 3 weeks** | Every 12 months |
| Monetization | Free with in-app purchases | **Free** |
| Best chart rank | **#57** | — |
| Size | 128 MB | 6 MB |
| Requires iOS | 16.4 | **16.0** |
| Devices | iPhone | **iPhone, iPad** |
| Age rating | 17+ | 4+ |
| Developer | [Wave Financial Inc](https://appshunter.io/developer/574934359) | [Moola Capital LLC](https://appshunter.io/developer/1189316862) |

## What reviewers say

### Wave

[App page](https://appshunter.io/ios/app/wave-small-business-software/id881629660)

**Currently charting:** #57 Top Grossing · Business (US App Store)

Manage your small business finances on the go. Send professional invoices, track expenses with receipt scanning, and monitor your business insights. Get paid faster with integrated online payment options.

**Highlights:** Send customized invoices and estimates, Scan receipts with OCR for expense tracking, Monitor business insights on a dashboard, Accept online credit card and bank payments, Automate late payment reminders, Syncs with desktop account

**In-app purchases (4)**

| Purchase | Price | Billing |
| --- | --- | --- |
| Mobile receipts - Monthly | $8.00 | per month |
| Pro Plan - Monthly | $19.00 | per month |
| Mobile receipts - Annual | $72.00 | per year |
| Pro Plan - Annual | $190.00 | per year |

**What reviewers like**

- 🚀 Easy to use
- 🚀 Professional invoicing
- 🚀 Great for small businesses
- 👍 Convenient mobile app
- 🚀 Seamless integration between devices

**What reviewers complain about**

- 🐛 Buggy app with crashes
- 🔒 Poor customer service and support
- 💰 Expensive payment processing fees
- 🔒 Unreliable payouts and fund holds
- 🐛 Missing key features in mobile app

**Reported bugs**

- App crashes when trying to edit invoices
- Inability to view past transactions in mobile app
- Inconsistent behavior when connecting bank accounts
- Incorrect tax calculations and reporting issues
- Delayed or missing payments from customers

**Requested features**

- Add dark mode option
- Improve mobile app functionality
- Integrate with more third-party services
- Provide better customer support channels
- Add more customization options for invoices


### EquitySlice

[App page](https://appshunter.io/ios/app/equityslice/id1522811888)

Easily calculate co-founder equity based on contributions. This app removes guesswork, enabling logical and consistent decisions for startup equity distribution. It's free, private, and works offline.

**Highlights:** Calculate co-founder equity, Non-bias contribution basis formula, Removes guesswork, Logical decision making, Private and secure, Works completely offline

**In-app purchases:** none


## Frequently asked questions

### Is Wave free?

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

### Is EquitySlice free?

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

### Which has better reviews, Wave or EquitySlice?

EquitySlice is rated higher. Wave averages 4.4 out of 5 from 6.6K ratings, while EquitySlice averages 5.0 from 4 ratings.

### Do Wave or EquitySlice have ads?

Neither Wave nor EquitySlice shows ads.

### Which is updated more often, Wave or EquitySlice?

Wave ships an update every 3 weeks, and EquitySlice every 12 months. Most recently, Wave was updated on September 25, 2026 and EquitySlice on June 5, 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.*