While Venmo or Splitwise are effectively ‘debt collector’ tools, which require one person to pay a full bill and then request funds from others, neither have cracked bill-splitting at the moment of payment. European startup Cino, which has come up with just such a product, has now raised €3.5m in a Seed funding round led by London’s Balderton Capital.
The real-time shared payment app allows a group to split the bill and pay their share directly from whatever bank account or wallet they choose.
After emerging from Tallinn, Estonia,…