Comparison

Cospender vs PayForMe

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

Head to head
About

Cospender

Easily manage shared expenses with friends, family, or partners. Create groups, add expenses, and see automatic debt calculations. Track spending with graphs and set up recurring costs. Integrates with Apple Watch and notification widgets for quick access.

Highlights
  • Create expense groups
  • Invite members to share
  • Automatic debt calculation
  • Detailed expense graphs
  • Recurring expense setup
  • Apple Watch integration
  • Notification center widget
Features
Read full description

Cospender is the easiest way to manage expenses with your partner, family, roommates or friends. Going on holiday with friends, being roommates or living in couple without a shared bank account. Create groups of expenses: Home, Holidays, Work, etc. Invite a member to join and share your expenses in a group. Add expenses individually as a group member. View instantly on your app all added expenses. See Cospender's automatic calculation of each member's debt. Manage your budget more effectively. Follow your expenses every month through detailed graphs. Create recurring expenses: Rent, Subscriptions, etc. Cospender for Apple Watch, the perfect and coolest companion to quickly add your expenses. New Today Widget in the notification center so you can quickly have a look at your last expenses. • No registration needed • Automatic synchronization • Debt calculation of each member • Offline expense creation • Recurring expenses • Push notifications • Add an expense on your Apple Watch • Quickly see your last expenses in the notification center Cospender is free to download and use. Cospender Premium upgrades your experience for $4.99 a year through an auto-renewing subscription. Subscriptions will be charged to your credit card through your iTunes account. Your subscription will automatically renew unless cancelled at least 24 hours before the end of the current period. You will not be able to cancel a subscription during the active period. You can manage your subscriptions in the Account Settings after purchase. Our Terms of Use: http://www.cospender.com/?page=termsofuse Our Privacy Policy: http://www.cospender.com/?page=privacy Learn more about Cospender at www.cospender.com

About

PayForMe

Easily track money lent and borrowed between friends. Manage multiple projects, view balances, and clear debts efficiently. Color-coding helps differentiate users for better organization.

Highlights
  • Track borrowed money
  • Manage multiple projects
  • View member balances
  • Create and update bills
  • Clear individual debts
  • Color-coded user differentiation
Features
Read full description

PayForMe is an app to track borrowing money between friends. It either uses Cospend on your Nextcloud instance or iHateMoney as a backend, and has the following features: - Show listed bills - Create new bills - Balance of project members - Handling several projects - Colorcodes to differentiate users - Update bills - Delete bills - Clearing debt of single members - Setting a default payer on a project basis

Screenshots

Cospender4 screens
PayForMe4 screens

Verdict

The call

The clearest difference is in-app purchases: PayForMe at none against Cospender's 1. PayForMe also leads on rating (5.0 vs 4.7). Cospender's advantage is update cadence (every 3 weeks vs every 4 months) and ratings volume (29 vs 2). On price, review sentiment and ads 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. Cospender sells 1 in-app purchase, starting at $4.99 per year. PayForMe asks for nothing beyond the download.

ReceptionRating · Positive reviews · Number of ratings

PayForMe holds the better App Store score, 5.0 against 4.7. That said, the two scores are not equally well evidenced: Cospender has 29 ratings behind it against 2, so its average is the more settled of the two. Written reviews point the same way: 79% of Cospender's written reviews are positive against 82% of PayForMe's.

UpkeepUpdate frequency

Cospender ships an update every 3 weeks, PayForMe every 4 months. The most recent releases landed on October 10, 2026 and October 5, 2026 respectively.

Scorecard7 real differences · 3 level
Cospender versus PayForMe: the parameters behind the verdict, then further details
ParameterCospenderPayForMe
PriceFreeFree
Rating4.7 (29 ratings)5.0 (2 ratings) — better
Positive reviews79.0% of reviews81.8% of reviews — better
Number of ratings29 — better2
Update frequencyEvery 3 weeks — betterEvery 4 months
AdsNoNo
In-app purchasesYesNo — better
MonetizationFree with in-app purchasesFree — better
DevicesiPhone, iPad, iPod, Apple Watch — betteriPhone, iPod
Requires iOS8.2 — better15.0
Further details — not scored
Size7 MB4 MB
Age rating4+4+
DeveloperStephan BorderaJona Koenig

Customer experience

Cospender

All ratings29 ratings
Positive96.6%
Neutral0.0%
Negative3.4%
Written reviews124 reviews
Positive79.0%
Neutral8.1%
Negative12.9%

PayForMe

All ratings2 ratings
Positive100.0%
Neutral0.0%
Negative0.0%
Written reviews11 reviews
Positive81.8%
Neutral0.0%
Negative18.2%

In-app purchases

1 purchases

Cospender

Subscriptions1
  • Cospender Premium One Year$4.991 Year
None

PayForMe

No in-app purchases

Questions

Is Cospender free?
Cospender is free to download, with in-app purchases available.
Is PayForMe free?
PayForMe is free to download, with no in-app purchases.
Which has better reviews, Cospender or PayForMe?
PayForMe is rated higher. Cospender averages 4.7 out of 5 from 29 ratings, while PayForMe averages 5.0 from 2 ratings.
Do Cospender or PayForMe have ads?
Neither Cospender nor PayForMe shows ads.
Which is updated more often, Cospender or PayForMe?
Cospender ships an update every 3 weeks, and PayForMe every 4 months. Most recently, Cospender was updated on October 10, 2026 and PayForMe on October 5, 2026.

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