Monarch is where people go for one dashboard over every account, a real budget, and a partner looking at the same numbers. Splitkaro keeps all your money in one place instead: your own spending, your couple and family money, your business, and anything split with friends.
Monarch if you want one paid dashboard over every account, with budgets, goals and net worth. Splitkaro if you want personal, couple, business and group money in one app, with bills split item by item. Plenty of people run both.
| Feature | Splitkaro | Monarch |
|---|---|---|
| Personal expense tracking | ||
| Link bank, loan and investment accounts | Beta, via Plaid | |
| Auto-import transactions from bank SMS | If your bank sends text alerts | |
| Share the picture with a partner | ||
| Split one expense between people | ||
| Group expense tracking with balances | ||
| Chat-based groups (like WhatsApp) | ||
| Item-wise bill splitting: choose who ate what | ||
| Smart reminders to settle up | ||
| Receipt scanning | 3 a month free, then Premium | |
| Budgets | ||
| Savings goals | ||
| Detects recurring subscriptions | ||
| Web app | Shared links, view only | |
| Free tier | 7-day free trial |
monarch.com — checked September 2026
Partly. Splitkaro keeps all your money in one place: your own spending, your couple and family money, your business, and anything split with friends. What it does not do is budgets, savings goals or net worth, which is what Monarch is built for.
It lets a partner see the same accounts and budgets, which is collaboration on one shared picture. It does not split an individual bill between several people, track who owes whom, or chase a settlement.
Monarch is a paid subscription with a 7-day free trial. Splitkaro has a free tier with unlimited expenses, and premium is optional.
Plenty of people would be well served doing exactly that: Monarch for the household picture, Splitkaro for anything split with housemates or friends.
Your own spending, your couple and business money, and anything you split. Free on Android and iOS.