Cospender vs PayForMe
Price, ratings, monetisation and update history for both apps, side by side — with what reviewers say about each.
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.
- Create expense groups
- Invite members to share
- Automatic debt calculation
- Detailed expense graphs
- Recurring expense setup
- Apple Watch integration
- Notification center widget
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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
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.
- Track borrowed money
- Manage multiple projects
- View member balances
- Create and update bills
- Clear individual debts
- Color-coded user differentiation
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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
Verdict
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
Both are free to download. Cospender sells 1 in-app purchase, starting at $4.99 per year. PayForMe asks for nothing beyond the download.
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.
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.
| Parameter | Cospender | PayForMe |
|---|---|---|
| Price | Free | Free |
| Rating | 4.7 (29 ratings) | 5.0 (2 ratings) — better |
| Positive reviews | 79.0% of reviews | 81.8% of reviews — better |
| Number of ratings | 29 — better | 2 |
| Update frequency | Every 3 weeks — better | Every 4 months |
| Ads | No | No |
| In-app purchases | Yes | No — better |
| Monetization | Free with in-app purchases | Free — better |
| Devices | iPhone, iPad, iPod, Apple Watch — better | iPhone, iPod |
| Requires iOS | 8.2 — better | 15.0 |
| Further details — not scored | ||
| Size | 7 MB | 4 MB |
| Age rating | 4+ | 4+ |
| Developer | Stephan Bordera | Jona Koenig |
Customer experience
Cospender
PayForMe
In-app purchases
Cospender
- Cospender Premium One Year$4.991 Year
PayForMe
No in-app purchases









