IOU Wallet

IOU Wallet is a simple protocol for tracking informal obligations between people — basically turning "you owe me" into something concrete that both parties can see and settle.

Think of it like this: your flatmate owes you £20 for groceries, or you borrowed your mate's drill and need to return it by Sunday. Instead of hoping everyone remembers, you create an IOU that captures exactly what's owed, when, and any conditions.

The magic is in the two virtual handshakes: first when they accept the IOU (we both agree this obligation exists), then when you settle and they confirm receipt (we both agree we're square). Everything in between is tracked — reminders, messages, the full story.

It works for anything — cash between friends, borrowed items, favours like "IOU 3 hours helping you move," or even fun personal ones like "IOU a proper apology" or "IOU a playlist with 10 bangers." 🎵

For money owed, the app supports settlement through PayPal, Solana, Bank Transfer - reducing burdens and excuses for settlement.

The point isn't to be legally binding or replace your payment apps — it's about reducing friction in human relationships when someone owes someone something.

An IOU is underwritten by integrity...if you friend doesnt accept or settle, he might not be a friend....

We are in open beta, try creating your first IOU at iou-wallet.com