Steven is a mobile application that facilitates group payments by tracking shared expenses and calculating individual debts among users. By integrating payment methods like Apple Pay, Swish, and Klarna, it simplifies the process of settling up after group activities, eliminating the awkwardness of financial exchanges.
Funding
$5.5M 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 and settling shared expenses among groups can be awkward and complicated, often requiring manual tracking and calculations. Existing solutions may lack seamless integration with popular payment methods, leading to friction and delays in settling debts.
Solution
Steven is a mobile application designed to streamline group payments by tracking shared expenses and calculating individual balances. The app simplifies the process of settling up after group activities, eliminating the awkwardness of financial exchanges. By integrating payment methods like Apple Pay, Swish, and Klarna, Steven enables users to easily pay their share with a tap. The application allows users to create groups, add expenses, and automatically calculates who owes whom, providing a clear overview of the group's finances.
Target Audience
Steven primarily targets groups of friends, families, travelers, and housemates who regularly share expenses and need a simple way to track and settle payments.
Features
- Group creation for managing shared expenses among multiple participants.
- Expense tracking with detailed records of who paid for what.
- Automatic calculation of individual debts and balances within the group.
- Integration with Apple Pay for secure and convenient payments.
- Support for Swish, enabling direct payments between users in Sweden.
- Klarna integration for flexible payment options.
- Summarized views of group expenses and individual contributions.