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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
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. Led by CEO Elena Churilova (formerly of Bumble and Booking.com) and COO Lina Saleh (ex-Cornell University), Cino appears to be making waves among Gen Z, who dislike “financial awkwardness” and among whom joint bank accounts — for payment of things like shared household bills — are going the way of the dinosaur. “For too long, people have accepted standard bill-splitting, debt tracking, and repayment requests as the only way to manage shared expenses – simply because there was no alternative,” Cino investor Greta Anderson at Balderton Capital said in a statement.
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