Halfsy vs. The World: Why Bank-Agnostic Bill Splitting Wins

If you live in the UK, you have probably used at least one of these apps to split a bill: Monzo, Revolut, Splitwise, or Tricount.

They all solve part of the problem. But they all have one major flaw that makes group payments awkward.

Here is the ultimate showdown of Halfsy vs. The World.

The Contenders

1. The Neo-Banks (Monzo, Revolut, Starling): Great features, but everyone needs to be on the same bank.
2. The IOU Apps (Splitwise, Tricount): Great for tracking who owes what, but they don't actually move the money. You still have to settle up manually.
3. Halfsy: The new kid on the block. Bank-agnostic, instant settlement, and no IOUs.

The "Walled Garden" Problem (Monzo & Revolut)

Monzo Shared Tabs and Revolut Group Bills are brilliant pieces of engineering. They let you split bills instantly and settle up with a tap.

The Catch: Everyone needs to have an account with that specific bank.

If you are on Monzo but your friend is on Revolut (or worse, Barclays), the system breaks. You can't add them to the tab. You are back to manual bank transfers and "what's your sort code?"

Halfsy's Solution: We are bank-agnostic. You link any UK bank card (Monzo, HSBC, Amex, etc.) to Halfsy. When the group spends, we charge everyone's personal card instantly. No one needs to switch banks.

The "Manual Labour" Problem (Splitwise & Tricount)

Splitwise and Tricount are legendary for holidays. You log every expense, and at the end of the trip, it tells you who owes who.

The Catch: It is just a ledger. It doesn't actually move money.

At the end of the trip, you are left with a "debt matrix." You still have to open your banking app, set up new payees, and send 5 different transfers to settle the score. And that's assuming everyone actually pays up.

Halfsy's Solution: We eliminate the "settle up" phase entirely. Because we charge everyone's card at the moment of purchase, there is no debt to track. The bill is split and paid before you even leave the restaurant.

The Ultimate Comparison Matrix

The Verdict

• Use Monzo/Revolut if you and your 5 closest friends all happen to use the exact same bank.
• Use Splitwise/Tricount if you don't mind fronting thousands of pounds for a holiday and chasing people for money weeks later.
• Use Halfsy if you want to live in a world where you pay your share, earn your points, and never have to talk about money again.

Halfsy is the only solution that combines the automation of neo-banks with the universality of IOU apps. It is the best of both worlds.