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Accounting · head to head

Invoicely vs Splitwise

Invoicely logo

Invoicely

Accounting

Web-based invoicing app with a free plan for freelancers

From
Free
Rated
-
Full reviewWebsite
Splitwise logo

Splitwise

Personal Finance

Split expenses easily with friends

From
Free
Rated
-
Full reviewWebsite

The short version

  • Each has a real cost: Invoicely free plan is limited to just 5 invoices and 3 clients per month, and PayPal-only payments.; Splitwise the free tier limits how many expenses can be added in a day and shows adverts
  • They diverge on capability: Invoicely covers Invoice creation, Splitwise covers Bill splitting.
  • Prices and features above were last checked on 30 August 2026.

Where they differ

Only the attributes on which Invoicely and Splitwise actually diverge.

Attributes where Invoicely and Splitwise differ
AttributeInvoicelySplitwise
PlatformswebWeb, IOS, Android
CategoryAccountingPersonal Finance
FoundedUnknown2011

Identical on both: starting price (Free), pricing model (freemium), free tier (Yes), user rating (Not yet rated).

What each one covers

Drawn from each product's published feature list. An absence here means we hold no record of it - not that the product lacks it.

Only in Invoicely

  • Invoice creation
  • Recurring invoices
  • Time, expense, and mileage tracking
  • Multi-currency support
  • Team member access
  • Credit card payments

Only in Splitwise

  • Bill splitting
  • Expense tracking
  • Group management
  • Settlement tracking
  • Venmo
  • PayPal
  • Web support
  • IOS support

What people use each for

The jobs each tool is most often brought in to do.

Invoicely

  • Freelancers sending a small number of invoices for freenot Splitwise
  • Small businesses needing recurring billing and time trackingnot Splitwise
  • Multi-currency invoicing for international clientsnot Splitwise
  • Teams needing shared access to client invoicingnot Splitwise

Splitwise

  • Splitting shared household bills between flatmatesnot Invoicely
  • Tracking who owes what on a group tripnot Invoicely
  • Settling up across currencies on the Pro plannot Invoicely
  • Recording IOUs between friends over timenot Invoicely

Where each one falls short

Documented limitations, not opinions. Every one is a constraint you would hit in normal use.

Invoicely

  • Free plan is limited to just 5 invoices and 3 clients per month, and PayPal-only payments.
  • No native mobile app mentioned, limiting on-the-go invoicing.
  • Team member limits on lower tiers can be restrictive for growing businesses.
  • No listed integrations with accounting platforms like QuickBooks or Xero.

Splitwise

  • The free tier limits how many expenses can be added in a day and shows adverts
  • Transaction import works in the United States only
  • Currency conversion, receipt scanning, charts and expense search are all Pro features
  • The Pro price is not shown on the product page

Pricing, plan by plan

Invoicely

Free
  • FreeFree
    • 5 monthly invoices
    • 3 saved clients
    • PayPal payments only
  • Basic$9.99/month
    • 100 monthly invoices
    • 25 saved clients
    • Up to 2 team members
  • Professional$19.99/month
    • 250 monthly invoices
    • 100 saved clients
    • Up to 10 team members
  • Enterprise$29.99/month
    • Unlimited monthly invoices
    • Unlimited saved clients
    • Up to 25 team members

Splitwise

Free
  • FreeFree
    • Bill splitting
    • Group tracking
    • Mobile app
  • Splitwise Pro$4.99/month
    • Receipt scanning
    • Advanced analytics
    • No ads

Which should you pick?

Choose Invoicely if

  • You need invoice creation.
  • You want to start without paying.
  • You work on web.
  • You also want recurring invoices.
Invoicely review

Choose Splitwise if

  • You need bill splitting.
  • You want to start without paying.
  • You work on Web, IOS, Android.
  • You also want expense tracking.
Splitwise review

Questions people ask

Is Invoicely or Splitwise better?
Neither clearly leads. Invoicely starts at Free and Splitwise at Free, and user ratings are close enough to be indistinguishable. Choose on capability and platform support.
Which is cheaper, Invoicely or Splitwise?
Invoicely starts at Free and Splitwise at Free.
Does Invoicely or Splitwise run on more platforms?
Invoicely runs on web. Splitwise runs on Web, IOS, Android.
Can I use Invoicely for free?
Both have a free tier, so you can try either at no cost before committing.
What is Invoicely best used for?
Invoicely is most often used for freelancers sending a small number of invoices for free, small businesses needing recurring billing and time tracking, multi-currency invoicing for international clients, teams needing shared access to client invoicing. Of those, freelancers sending a small number of invoices for free and small businesses needing recurring billing and time tracking are not what Splitwise is typically brought in for.
What can Invoicely do that Splitwise cannot?
Invoicely covers Invoice creation, Recurring invoices, Time, expense, and mileage tracking, Multi-currency support. Splitwise covers Bill splitting, Expense tracking, Group management, Settlement tracking.

Answered from the vendors’ own pages

Invoicely: Is there a free plan, and what are its limits?

Yes, the Free plan allows up to 5 monthly invoices and 3 saved clients, with PayPal-only payments and no team members, and requires no credit card.

Source
Splitwise: Is there a free version of Splitwise?

Yes, Splitwise offers a free version available for iPhone, Android, and web with core features including adding groups and friends, splitting expenses, recording debts, equal or unequal splits, offline mode, and cloud sync.

Source
Invoicely: What does Invoicely cost?

Paid plans start at Basic for $9.99/month, Professional at $19.99/month, and Enterprise at $29.99/month, each raising invoice, client, and team member limits.

Source
Splitwise: What is Splitwise PRO and how much does it cost?

Splitwise PRO is an upgrade offering receipt scanning, charts and graphs, currency conversion, and additional features. The specific price is not published on the main website; users must visit the subscription page or access the app to view pricing details.

Source
Invoicely: Can I change or cancel my plan?

Yes, Invoicely allows customers to upgrade or downgrade their subscription level at any time.

Source
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