Cino

Enabling GenZ to split expenses with one tap

Location
Tallinn, Estonia
Revenue size
Undisclosed
Year founded
2022
Funding raised
EUR 1.425.000
Founders
Elena Churilova, Lina Saleh & Edward Poot
Most relevant investors
Tera Ventures, APX, Atomico Syndicate
Team size
<10
Website

www.getcino.com

Problem

Splitting expenses between groups of friends, roommates or partners can easily become a source of confusion, irritation and messy coordination. Keeping track of both random and recurring expenses ends up being a time-consuming affair that requires effort and dedication from all members of the group - and therefore never gets resolved properly!

SOLUTION

With Cino’s solution, all the cluttered confusion of splitting, paying and reimbursing your friends for shared expenses is taken care of. By providing each member of the group with a free, virtual card, that is connected to an existing bank account, Cino lets the user define the splitting ratio, track their expenses and use the shared virtual card anywhere that accepts debit cards.

KEY CUSTOMERS AND INTERNATIONAL PRESENCE

Cino’s easy-to-use solution and adjustable features makes the app almost indispensable for couples, roommates or any other group of friends, who regularly split bills or share recurring expenses.

Currently, Cino’s app is available in more than 25 European countries, and can be used both digitally or in real life.

Further, Cino is currently strengthening their B2B-presence. Online merchants in the travel, household goods industry, and utility providers see an increase in conversion at checkout due to Cino’s reduction of friction for group purchases.

Team

With the executive managing team at Cino having worked in companies such as Bumble and Booking, and Adyen, Cino is driven by highly relevant experience and a nuanced understanding of GenZ consumer behavior and financial landscape.

Unique selling point

Cino is first to provide a one-stop solution for group payments with the easiest bill splitting experience in the market that works both online and offline.

Asia Connection

Cino is interested in looking to the East Asian region for possibilities of expanding to Asia with the right partners & investors.

GET IN TOUCH WITH

Cino