FAQ
The fine print
Do you hold my money?⌄
Do you hold my money?⌄
No. Splits is a ledger. Payments settle via Venmo or Cash App deep links — we never touch the funds.
What does Plaid see?⌄
What does Plaid see?⌄
We only read transactions on accounts you link. The Plaid access token is encrypted at rest. You can revoke at any time. The demo links Plaid's sandbox institutions, so no real bank data is involved.
What about taxes?⌄
What about taxes?⌄
Splits tracks IOUs between friends. It is not designed for business income, and we don't generate tax documents.
What if my friend isn't on Splits?⌄
What if my friend isn't on Splits?⌄
Both parties need an account so the ledger stays symmetric. You can share a read-only link to a ledger with anyone — no account needed to view it.
What happens to demo accounts?⌄
What happens to demo accounts?⌄
Demo accounts are disposable: seeded with fake friends and bills, then purged by a daily sweep — at most ~48 hours after creation — along with everything in them.