Tandem - Limit Venmo requests & money fights with expense sharing

Hey Product Hunt! I’m Michelle, Co-Founder of Tandem. My team and I are so excited to share Tandem with you today and get your feedback. 🙂 70% of couples in the U.S. move in together before getting married. Expense sharing is their first financial experience together, but there’s no seamless, modern solution to make this easier. The status quo ranges from clunky and annoying (Venmo + a spreadsheet) to too serious (a joint account). Right now millions of couples are combining their lives in dozens of ways, but living financially separate. Our entire founding team has experienced this pain point first-hand. We know the available options are not what the modern couple wants -- so we built Tandem. Tandem is an iOS app that eliminates the back-and-forth of Venmo, without the need to get a joint bank account or card. Couples can import expenses from their current credit or debit cards, easily select which items to split with their partner, and settle up at any time. ✋It allows you to maintain privacy because your partner cannot see your individual transactions, only the transactions you choose to split with them. ➗You can divvy up expenses however works best for your relationship -- you’re not confined to doing it 50/50. 🔁You can opt to automatically split repeat expenses with your partner. We're also one of the very first apps to offer instant transaction data, meaning the moment you swipe your card at the store, the charge will appear in Tandem ready to be split -- that means no more waiting 24-48 hours for Plaid to refresh your data. Some learnings so far: ✔️If you share > 6 expenses per month with a partner, Tandem is likely a perfect fit for you. ✔️The purpose of the app isn’t to penny pinch your partner for every little expense -- it’s to provide the peace of mind that all your shared finances are tracked in one spot. Many of our couples don’t settle up frequently because they trust everything is accounted for! ✔️Top 5 most split merchants are Amazon, Uber, Trader Joe’s (our users are obsessed with TJ’s, can’t blame them), Whole Foods, and Target. ✔️Since soft launching in the App Store in August, Tandem has helped couples split tens of millions of dollars of expenses. We have a special offer for the PH community for 3 months free of Tandem Premium with code: PRODUCTHUNT3. We hope you try it out and let us know what you think! Get started here: https://usetandem.app.link/ph I’ll leave you with one last question -- how do you currently handle money with your partner? We would love to hear your feedback, what’s worked, and what hasn’t. I’ll be around answering questions or feel free to email me directly at michelle@usetandem.com! - Michelle Links: -------- App Store: https://usetandem.app.link/ph (offer code: PRODUCTHUNT3) Website: https://www.usetandem.com/ TikTok: https://www.tiktok.com/@use_tandem Instagram: https://www.instagram.com/use_ta... Our content TikTok: https://www.tiktok.com/@missmone... Our content Instagram: https://www.instagram.com/missmo...

Love that you are one of the first apps with instant transaction data, what have been some of the biggest surprises you’ve run into since launching?

Sign me up! 💸 Love that you're not constrained to splitting bills 50/50 and can choose what works for you.

Tandem has been a game changer for me and my boyfriend. Not only is it handy for the day to day tracking of our expenses, but it makes it easier for us to have healthy, honest money conversations. We can actually see how much we're spending on activities, travel, food, etc. Super happy we have Tandem and excited to see what features they roll out next!

A perfect app for couples and would have come in handy when I was dating my wife :) I remember you showing me Tandem's demo in April last year, and I am super proud to see all the momentum and progress. Congrats Michelle and team!

My partner and I have been using this app for a few months now and love it. Being able to see all our shared expenses in one place is so much more convenient than what we were doing before. Also love the automation feature for rent. Thank you for this and congrats!

interesting, is it like "Splitwise" but for couples?

This would have been useful when I lived with 3 other friends in college

Congratulations on the launch @michelledearxox! The value prop of Tandem is quite exciting and it is sitting at an overlap of a lot of different products which is a tell-tale sign of a good tool.

The idea looks good! Congrats guys on the launch!