Provides a multi-user financial platform that enables groups—such as families, couples, or roommates—to split expenses, manage shared funds, and make payments through shared PIX, boleto, or a forthcoming Mastercard. By offering real-time visibility into contributions, transactions, and balances, it simplifies financial collaboration and reduces conflicts over shared costs.
Funding
$4.1M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Managing shared finances among groups like families, couples, or roommates often leads to confusion, disputes, and a lack of transparency regarding contributions and expenses. Existing solutions like joint bank accounts can be overly bureaucratic or lack the flexibility needed for modern shared expenses. This creates a need for a streamlined, transparent way to manage shared funds and split expenses.
Solution
Cumbuca provides a multi-user financial platform designed to simplify how groups manage shared funds and split expenses. The platform offers real-time visibility into contributions, transactions, and balances, fostering transparency and reducing financial conflicts. Users can create multiple groups for various purposes, invite members, and add funds via PIX. The platform facilitates shared payments through PIX, boleto, or a Mastercard, allowing users to pay expenses using individual or shared balances. Cumbuca aims to eliminate the complexities of traditional joint accounts by offering a user-friendly, collaborative financial experience.
Target Audience
Cumbuca targets individuals in shared living situations, couples managing joint finances, families splitting expenses, and groups of friends or colleagues who regularly share costs.
Features
- Shared digital accounts for groups, couples, families, and roommates
- Real-time visibility of individual contributions, transactions, and group balances
- Shared payments via PIX, boleto, and Mastercard (Google Pay and Samsung Wallet compatible)
- Ability to create multiple groups for different purposes (e.g., household, travel, events)
- Customizable expense splitting ratios among group members
- Option for members to contribute funds via PIX
- Downloadable payment receipts and transaction history for all group members
- Supports both individual and shared balances for payments
- Open Finance integration for automated balance updates