With Lendstar, your personal connections turn into a social financial network that replaces the bank. Through an app for mobile devices, Lendstar enables users to transfer money or split bills among friends and family from anywhere. Lendstar‘s features are designed around 4 typical use cases and are based on real life situations:
• Borrow from your personal network to avoid overdraft fees.
• Collect money from a group for a joint expense like a present.
• Prepay for a dinner or 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.