Shelf

About Shelf

Shelf is a financial platform that provides a dedicated payments card for flatmates, enabling automatic expense splitting and cashback on shared essentials. It addresses the complexities of managing shared living costs by simplifying transactions for rent, utilities, and everyday expenses among friends and roommates.

```xml <problem> Managing shared expenses among flatmates, friends, or even family members can be complicated, often leading to disagreements and difficulties in tracking individual contributions for expenses like rent, utilities, and groceries. Existing solutions often lack automation, requiring manual calculations and constant follow-ups to ensure fair and timely payments. </problem> <solution> Shelf provides a dedicated payments card designed for individuals sharing expenses, automating the splitting of costs and offering cashback rewards on essential purchases. The platform simplifies the process of managing shared living expenses by providing a unified system for tracking, splitting, and paying for rent, utilities, groceries, and other shared bills. Users can easily allocate expenses, track contributions, and make payments through the app, eliminating the need for manual calculations or constant reminders. Shelf also offers exclusive event access and curated brand offers tailored for flatmates, enhancing the shared living experience. </solution> <features> - Dedicated payments card for shared expenses - Automatic expense splitting among users - Cashback rewards on purchases of shared essentials - Mobile app for tracking expenses, managing payments, and viewing transaction history - Integration with bill payment systems for automated utility payments - Exclusive access to events and curated brand offers for flatmates - Option to manage family finances and daily expenses with friends </features> <target_audience> The primary target audience includes individuals sharing living spaces such as flatmates, roommates, friends, and couples, as well as families looking for a streamlined solution to manage shared expenses. </target_audience> ```

What does Shelf do?

Shelf is a financial platform that provides a dedicated payments card for flatmates, enabling automatic expense splitting and cashback on shared essentials. It addresses the complexities of managing shared living costs by simplifying transactions for rent, utilities, and everyday expenses among friends and roommates.

Where is Shelf located?

Shelf is based in Jaú, India.

When was Shelf founded?

Shelf was founded in 2022.

How much funding has Shelf raised?

Shelf has raised 500000.

Location
Jaú, India
Founded
2022
Funding
500000
0
Major Investors
Y Combinator, Goodwater Capital
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Shelf

AI-Generated Company Overview (experimental) – could contain errors

Executive Summary

Shelf is a financial platform that provides a dedicated payments card for flatmates, enabling automatic expense splitting and cashback on shared essentials. It addresses the complexities of managing shared living costs by simplifying transactions for rent, utilities, and everyday expenses among friends and roommates.

shelfpay.inLinkedIn Profile
Founded 2022Jaú, India

Funding

$

Estimated Funding

$500K+

Major Investors

Y Combinator, Goodwater Capital

Company Description

Problem

Managing shared expenses among flatmates, friends, or even family members can be complicated, often leading to disagreements and difficulties in tracking individual contributions for expenses like rent, utilities, and groceries. Existing solutions often lack automation, requiring manual calculations and constant follow-ups to ensure fair and timely payments.

Solution

Shelf provides a dedicated payments card designed for individuals sharing expenses, automating the splitting of costs and offering cashback rewards on essential purchases. The platform simplifies the process of managing shared living expenses by providing a unified system for tracking, splitting, and paying for rent, utilities, groceries, and other shared bills. Users can easily allocate expenses, track contributions, and make payments through the app, eliminating the need for manual calculations or constant reminders. Shelf also offers exclusive event access and curated brand offers tailored for flatmates, enhancing the shared living experience.

Features

Dedicated payments card for shared expenses

Automatic expense splitting among users

Cashback rewards on purchases of shared essentials

Mobile app for tracking expenses, managing payments, and viewing transaction history

Integration with bill payment systems for automated utility payments

Exclusive access to events and curated brand offers for flatmates

Option to manage family finances and daily expenses with friends

Target Audience

The primary target audience includes individuals sharing living spaces such as flatmates, roommates, friends, and couples, as well as families looking for a streamlined solution to manage shared expenses.

Shelf - Funding: $500K+ | StartupSeeker