After some years of languishing, BillMonk’s service and user base will be taken over by a young Singapore startup, BillPin, which provides a similar bill-splitting service. Just over six months old, BillPin pitches itself as a “Mint for groups” and offers a way for people to track how much money they owe each other. It has plenty of competitors in the bill-splitting space… → Read More
Today, at the Next Web conference, I met the founders of Scred, a Finnish startup that lets friends manage their their debts to each other. Scred is an application that makes it easy to split up tabs at restaurants or bars. You can download a mobile version to your phone, for easy bill-splitting calculations after a few rounds. Competitors include BillMonk, Buxfer, and Obopay. But Scred has a few… → Read More
Geezeo Mobile is the first in a suite of mobile financial applications aimed at the 18 – 35 and student demographic. The new application Geezeo Mobile lets you check you banking balance on the go. To get started, you can sign into Geezeo by setting up an account with them, or using your existing Gmail user name and password. Once logged in, you can add your various bank accounts to your… → Read More
Social/mobile payments site Billmonk had a mini merger with competitor Obopay last month (we called it a “battle for relevance” since PayPal has a strong product offering in the mobile space as well). Buxfer is another social money Y Combinator funded company that softly launched last September. It provides the same basic functionality of Billmonk, such as keeping a running total of… → Read More
In a battle for relevance in the mobile payments space, mobile to mobile payment service Obopay has acquired social payment service Billmonk. Neither are disclosing the size of the acquisition, which is undoubtedly a tiny and probably stock for stock deal. The integration of the two services will first let users settle the debts they tracked on Billmonk instantly over Obopay’s mobile payment… → Read More
I attended the E27 Technology Conference today at Stanford University. Startups founded by entrepreneurs who are less than 27 years old were eligible to present. With a couple of exceptions these companies were all new to me, and a few have the potential to be real winners. The E27 founders did a great job of picking quality attendees (lots of venture capitalists, big company representatives and… → Read More
BillMonk is a new service that allows people to easily keep track of financial debts among friends. It’s a simple idea and they’ve executed well. The idea is a user who wants to report a debt owed to him or her (such as a shared bill), or an IOU to another person, simply enters it on BillMonk. This is very easy to do on BillMonk, even for more complicated transactions like a bill… → Read More
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