{"id":655634,"date":"2025-03-04T20:00:32","date_gmt":"2025-03-04T17:00:32","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/cino-bags-funding-for-app-that-makes-bill-splitting-less-awkward\/"},"modified":"2025-03-04T20:00:32","modified_gmt":"2025-03-04T17:00:32","slug":"cino-bags-funding-for-app-that-makes-bill-splitting-less-awkward","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/cino-bags-funding-for-app-that-makes-bill-splitting-less-awkward\/","title":{"rendered":"#Cino bags funding for app that makes bill-splitting less awkward"},"content":{"rendered":"
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Fintech startup Cino, a TNW community member, has secured <\/span>\u20ac3.5mn for its s<\/span>hared payments app<\/a> that lets friends and family pay together.\u00a0<\/span><\/p>\n

Cino is designed for tech-savvy Gen Z\u2019ers, who expect to split bills instantly and effortlessly together without \u201cfinancial awkwardness,\u201d the company said.<\/span><\/p>\n

Unlike payment request apps\u00a0like Tikkie \u2014 ubiquitous in the Netherlands \u2014 Cino splits bills in real-time, so you don\u2019t have to chase down your mates to cough up on that exorbitant sushi bill you covered last week.\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n

Cino is available across the EU but, fuelled by fresh funding, the startup will now expand to the UK. Balderton Capital led the seed round, with participation from\u00a0 <\/span>Connect Ventures, Tera Ventures, and angels including founder of Cleo AI Barney Hussey-Yeo.\u00a0<\/span><\/p>\n

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Cino\u2019s CEO Elena Churilova, a former product lead at Bumble, and COO Lina Saleh founded the startup\u00a0in 2023 to reduce financial friction between friends and family. \u201cI realised that everyone was trying to solve the process of settling debt, instead of coming earlier, at the moment of payment,\u201d Churilova previously told TNW.\u00a0\u00a0<\/span><\/p>\n

Cino users link their bank card to the app, where they get a virtual card. They can then create or join custom payment groups with fully adjustable split ratios. Everyone\u2019s share is then deducted at checkout. Every payment appears in a shared group feed for total transparency, and users can hop in or out of groups anytime.<\/span><\/p>\n

\u201c<\/span>Fintech has always been one-dimensional but we are social<\/a> creatures,\u201d said <\/span>Churilova.<\/span> \u201cOur payments should reflect how we actually spend money \u2014 together. Back in the cash days, it was simpler. Now that we\u2019ve gone digital, payments need to evolve to keep up.\u201d<\/span><\/p>\n

Cino said it has seen 100% month-on-month growth in Finland and Italy. Groups use Cino 17 times a month on average, spending up to \u20ac3,000. <\/span><\/p>\n<\/p><\/div>\n

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Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

Fintech startup Cino, a TNW community member, has secured \u20ac3.5mn for its shared payments app that lets friends and family pay together.\u00a0 Cino is designed for tech-savvy Gen Z\u2019ers, who expect to split bills instantly and effortlessly together without \u201cfinancial awkwardness,\u201d the company said. Unlike payment request apps\u00a0like Tikkie \u2014 ubiquitous in the Netherlands \u2014…<\/p>\n","protected":false},"author":1,"featured_media":655635,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/img-cdn.tnwcdn.com\/image\/tnw-blurple?filter_last=1&fit=1280%2C640&url=https%3A%2F%2Fcdn0.tnwcdn.com%2Fwp-content%2Fblogs.dir%2F1%2Ffiles%2F2025%2F03%2FUntitled-design-23.jpg&signature=844ad6a60c1f723b88f69bccb4d02086","fifu_image_alt":"","footnotes":""},"categories":[18],"tags":[],"class_list":["post-655634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-technology"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/655634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=655634"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/655634\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/655635"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=655634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=655634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=655634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}