Leasy is a mobile application that automates bill splitting by allowing users to scan receipts for automatic expense extraction and track net settlements, all while offering optional logins and offline functionality. It addresses the common issue of awkwardness in settling shared expenses among friends and colleagues, making group outings and shared costs hassle-free.
Funding
$112.1K raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Splitting expenses among friends and colleagues can be awkward and time-consuming, often leading to delayed settlements and disagreements. Manually calculating individual shares from receipts is prone to errors and inefficiencies, especially in group settings.
Solution
Leasy is a mobile application designed to streamline bill splitting and expense tracking for shared costs. By allowing users to scan receipts, the app automatically extracts expense details, calculates individual contributions, and tracks net settlements. Leasy simplifies the process of managing shared expenses, making it easier for users to keep track of who owes what, and supports both online and offline functionality. The application aims to remove the friction associated with shared expenses, ensuring fair and hassle-free financial interactions among groups.
Target Audience
Leasy targets individuals, friends, and colleagues who frequently share expenses in group settings, such as recreational outings, travel, or shared housing.
Features
- Receipt scanning for automatic expense extraction
- Calculation of individual contributions based on customizable splitting rules
- Tracking of net settlements to show who owes whom
- Optional user logins for account persistence
- Offline mode for use without an internet connection
- Support for various types of bills and expenses
- Food randomizer to suggest dining options