Described as a platform that helps users "harmonize their home," Splittable is a roommate app that distributes costs, chores and other duties effectively and without conflict. More and more Millennials are choosing cohabitation as a way of life and are ultimately cutting rent or mortgage costs while single or in school.
Splittable is an intuitive mobile platform that helps those in a co-living situation distribute bills, chores and other costs effectively. In addition to organizing bills and reminding users of due dates or amounts owed, this roommate app also helps house owners find new people to live with once a co-habitant's lease is up.
This all-encompassing platform is designed to make the lives of Millennials easier and keeps all parties in a co-living situation informed of costs while avoiding in-person confrontations.
What's Driving This Trend
- Co-living Platforms
- The rise of cohabitation among Millennials presents an opportunity for platforms like Splittable to help distribute costs and duties effectively in shared living spaces.
- Mobile Bill Organization
- The need for organizing and managing bills in co-living situations creates a space for intuitive mobile platforms like Splittable to simplify the process and avoid conflicts.
- Community Building Apps
- Apps like Splittable that help house owners find new co-habitants present an opportunity to foster a sense of community and make the process of finding compatible roommates easier.
Who This Affects Most
- Real Estate
- Real estate industry can explore partnering with co-living platforms like Splittable to offer comprehensive solutions for shared living spaces and attract Millennials.
- Fintech
- Fintech companies can develop mobile bill organization apps inspired by Splittable to cater to the growing demand for managing shared expenses and avoiding conflicts.
- Social Networks
- Social networking platforms can consider integrating features that help in finding compatible roommates, similar to Splittable, to enhance the community-building aspect of shared living.
