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Lendstar is an app for mobile devices that enables users to transfer money or split bills among friends and family. Your private contacts turn into a personal social financial network that replaces the bank. Lendstar‘s features are designed around 4 typical use cases and are based on real life situations:
Borrow from your personal network to save on overdraft fees.
Collect money from a group for a joint expense like a present.
Prepay a bill like a taxi-ride and make sure the rest of the group reimburses you later.
Record your collective expenses (e.g. for a shared flat) in one place and split them up evenly.