IOU is a debt management app that creates a formalised record of debts and loans between you and your friends.

IOU - Pay & Receive Debts

IOU is a debt management app that creates a formalised record of debts and loans between you and your friends. You will never forget a debt again - both the creditor and the debtor have to acknowledge an IOU before it is put on record!

All pending and past transactions are timestamped their respective requested and payment dates, and are organised neatly into the following sections:

• Incoming
• Outgoing
• Paid
• Received

Customise the details of each IOU, including its: Amount, Reason, Due Date and Payment Updates

Close off debt loops between friends easily with IOU - you’ll never know when a loan you’ve made will pay for a debt you owe.
Our next version will contain major upgrades to smoothen debt management and collection - stay tuned!