Following tenCube exit, Darius Cheung launches BillPin, an app to track who owes what
August 19, 2012 by Terence LEE
The new mobile app essentially lets you easily keep track of shared expenses and bills with friends. It is designed to provide an overview of how much money you’re owed at one glance.
You can also create events, such as ‘dinner with friends’, to remind yourself on what occasion you or your buddies picked up the tab. The app also lets you notify your dinner-mates over email about the shared expenses.
What’s missing is the ability to actually pay your bills in-app, although I’m sure the team is thinking about it and might even have that feature planned in their product roadmap.
Social money management apps are not exactly new though: BillMonk is a similar app in the United States that was launched in 2006 and acquired in 2007. Splitwise and Billsup also have similar functionality.
It’s unclear if BillPin will take off in Asia, but Darius’ re-entry into the startup game, along with Eddie Chau who sold Brandtology and started V-Key, certainly points to a greater maturation of Singapore’s startup ecosystem as a whole.
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Terence LEE - Editor
Terence writes mainly about technology trends and startups in Asia. He believes in crafting smart content: Not just a regurgitation of text, but well thought-out pieces that serve the reader using a combination of data, design, narratives, analysis, and visual impact. His articles have been published on Venturebeat, Yahoo!, Straits Times, Today, and The Online Citizen. He also co-founded NewNation.sg, a satirical news site covering Singapore affairs. Engage him on LinkedIn and Twitter.Read other posts by Terence LEE