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Expensify Unveils Personal Payments and Bill Splitting for Everyone
Expensify, Inc. (Nasdaq: EXFY) announced its foray into personal payments today, with functionality that allows anyone to send and receive money, split bills between individuals and groups, and chat, all within the New Expensify app. As an industry leader, the company has taken nearly 15 years of experience building market-leading business expense management technology and expanded it into the consumer payments space. The result: an app that transitions seamlessly between home and office.
“Expensify is now the financial superapp for your work and personal life, all based atop chat,” says David Barrett, founder and CEO of Expensify. “It’s a consumer-grade lovechild between WhatsApp, Venmo, and Splitwise, that scales seamlessly up to enterprise-grade receipt scanning, expense reports, and corporate cards.”
Groups of all types can now use Expensify for financial collaboration, including roommates, student orgs, church groups, neighborhood associations, professional societies, and of course, friends.
“Let’s say you’re planning a trip with friends,” Barrett continues. “You start a group chat in New Expensify and decide to book an Airbnb. After it’s booked, you scan the receipt into the same chat, split it between everyone, and the money requests fire off automatically. Your friends pay you back in the app as well, so you’re all settled up in a few taps. Next is groceries, gas, and so on, maybe even scattered across multiple currencies, with everything converted back to a single currency and handled as part of the same conversation.”
Expensify is testing out an early version of bill splitting in New Expensify at the Money20/20 conference in Las Vegas this week. The company will reimburse groups of attendees who use the app to split their bill for dinner or drinks (up to a capped amount). Conference-goers can stop by booth 12013 at Money20/20 to chat with the Expensify team and activate the promotion.
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EXCLUSIVE: “Raising the Phoenix” – Ad van der Poel, HSBC Innovation Banking in ‘The Fintech Magazine’
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NatWest Invests in JS Group to Enhance the Delivery and Impact of Student Financial Support
Aspire is designed to deliver measurable impact by streamlining the distribution of various types of student financial aid, ensuring that beneficiaries receive their funds promptly and securely while materially reducing the time and administrative costs involved for funders.
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Creditspring, the subscription-based lender on a mission to improve financial stability across the UK has reaffirmed its commitment to transparency, fairness, and member support by achieving outstanding results across customer satisfaction metrics, complaints handling, and independent reviews.
Prometeo Unveils Agentic Banking: Enabling AI‑Driven Autonomous Financial Infrastructure
Prometeo, the leading fintech infrastructure provider connecting global corporations with financial institutions across Latin America and the United States, today announced the launch of its Agentic Banking solution: a transformative infrastructure layer that enables large language models (LLMs) and other artificial intelligence agents to operate real-world financial actions autonomously.