Cino cracks bill-splitting at the moment of payment, raises seed round

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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,…



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Cino cracks bill-splitting at the moment of payment, raises seed round


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,…



Source link

Disclaimer

We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.

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