Roommates split costs. They split rent, bills, groceries, and more. Splitting costs is necessary for some expenses and convenient for others. There are, however, problems. Dividing expenses evenly is confusing and time consuming. Obtaining checks and cash to pay back roommates is inconvenient. Exchanging money is awkward. People lose track of who owes who. We aim to solve these problems. Divit allows roommates to quickly enter all expenses as they come in. At the end of each month, all roommates are either credited or debited automatically through Venmo* based on what they are owed or what they owe.
Divit offers the following benefits:
• No more manual money management
• No more using up checks and cash on roommates
• No more awkward conversations about money
• No more losing track of IOUs
With Divit, splitting costs with roommates is finally fair and easy.
*A Venmo account is required to use this app to make payments
**Divit is currently free to use. Transaction fees or subscription fees may be added in the future.