1. Create a group and set a cycle
Form a group for roommates, a trip, a club, a sports team, or a fraternity or sorority chapter. Choose a cycle length — monthly, per-trip, per-event — so expenses have a real due date from day one.
How it works
From shared expense to resolved payment, in six steps.
Divy It Up is the group financial operating system that closes the loop from expense tracking to actual settlement. Structured cycles, payment netting, personal wallets, and collective group wallets — in one place.
Splitwise records the debt. Divy resolves it.
- Structured settlement cycles
- Native in-app payments
- Personal & collective group wallets
The six steps
A complete settlement flow, not a standalone tracker
Every step below exists because groups kept falling off the ladder between tracking and payment. We built Divy so they can stop falling off.
2. Add expenses as they happen
Log rent, utilities, shared hotels, group dinners, dues, or any contribution. Divy tracks who paid, who owes, and what share each member carries for the active cycle.
3. Let payment netting do the math
When the cycle closes, Divy nets the tangle of IOUs down to the minimum set of transfers. Instead of sending five Venmos, one person sends one transfer and another receives one.
4. Settle inside the app
Members pay their share directly from their personal Divy wallet or from a linked funding source. Settlement happens inside the app — the financial loop stays closed.
5. Fund a collective group wallet when you need one
For recurring house costs, club dues, or a trip fund, pool money into a collective group wallet. Members contribute, the group spends from it, and everyone sees the balance.
6. See everything with Group Financial Transparency
Every member can see who paid, what the group collected, what was spent, and what remains — per cycle, per wallet, and per expense. No more black-box dues and no more arguments.
Who it is for
Built for the groups that share money week after week
Divy is strongest where the same people keep pooling, paying, and settling on a rhythm: roommates, travel groups, clubs, sports teams, and fraternities and sororities. If your group has ever argued about who owes what or where the dues went, Divy is built for you.
FAQ
Questions about how Divy works
How cycles, wallets, and in-app payments actually fit together.
How is this different from just using Splitwise and Venmo?
Splitwise tracks the debt; Venmo moves the money; neither closes the loop. Divy combines structured settlement cycles with native in-app payments and group wallets, so recording the expense, agreeing what is owed, and actually paying it all happen in one place.
Do I have to fund a wallet to use Divy?
No. You can start by using Divy purely to track expenses and run settlement cycles. Wallet funding is optional and only required when your group wants to send and receive payments inside the app or pool shared funds together.
What does a settlement cycle look like for roommates?
A typical roommate cycle is monthly. Each roommate adds the month's rent, utilities, and shared groceries as they happen. On the due date, Divy closes the cycle, nets the balances, and each roommate pays or receives exactly one transfer.
What does a trip cycle look like?
For a trip, the cycle usually spans the length of the trip itself. Members add hotels, cars, meals, and activities in real time. When the trip ends, the cycle closes and the group settles from a shared trip wallet or directly peer-to-peer.
Is my money safe?
Divy It Up is a financial technology platform, not a bank. Wallet funds are held at a partner bank in pooled For Benefit Of (FBO) accounts and are used solely to facilitate transactions and related account services. Balances are not interest-bearing and are not intended for long-term storage.
Can I use Divy on the web and mobile?
Yes. Divy is designed for web and mobile continuity, so members can add expenses on a phone during a trip and the group treasurer can review and approve cycle settlement on a laptop at home.
Ready to close the loop on shared expenses?
Create a group, run your first cycle, and see how much smaller settlement gets when the tracker, the wallet, and the payment all live in one place.