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Settle Up vs Wise

Settle Up logo

Settle Up

8.1#1 in peer-to-peer payment appsFree plan
Free planAndroidiOSWebAPI
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Wise logo

Wise

8.2#4 in money transfer appsFree plan
Free planAndroidiOSWeb
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What both publish

FactSettle UpWise
Free planYesYes
HeadquartersCasper, Wyoming, United StatesLondon, United Kingdom
PurposeSettle Up tracks group expenses and IOUs for travelers, flatmates, couples, event organizers and groups of friends.The Wise app lets people send money, receive payments from abroad, check exchange rates, pay bills, and send money to loved ones.

Settle Up plans

  • Premium—
  • FreeFree
  • Monthly Premium$3.99 a month
  • Group Premium for 1 week$5.99, paid once
  • Group Premium for 2 weeks$9.99, paid once
  • Group Premium for 1 month$14.99 a month

Wise plans

  • Wise personal account and transfersFree

Pick Settle Up if…

Settle Up suits groups that share expenses or IOUs, including travel parties, households, couples, and event organizers. Its unequal splits and multiple-payer entries can help with expenses that are not divided evenly.

Pick Wise if…

Wise suits people sending money to overseas bank accounts or receiving payments from abroad. It may also suit users who want to track or schedule transfers and receive exchange-rate alerts.

Charts they share