Splitwise raises USD 20 mln in Series A round

Thursday 29 April 2021 12:52 CET | News

Splitwise, a US-based startup that builds consumer fintech software that helps users split expenses, has closed a USD 20 million Series A round led by Insight Partners

The company will use the funding to grow its team, accelerate global customer growth, and create new partnerships with fintech and financial services platforms.

Splitwise provides an app which allows users to track balances and organise payments. It is used by group travellers, allowing them to split costs accrued over a trip.

As of April 2021, over USD 90 billion dollars in total transactions had been split on the Splitwise platform.

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Keywords: funding, startup, fintech, financial services, transactions
Categories: Banking & Fintech | Online & Mobile Banking
Countries: World
This article is part of category

Banking & Fintech