Splito

Splito is a French financial technology company that offers a specialized payment solution for merchants, primarily in the travel and leisure sectors. The service enables a group leader to book a product or service by paying only their share upfront and then inviting the other group members to pay their respective portions directly to the merchant. This model simplifies the process of group payments, reduces the risk of booking cancellations and non-payment for merchants, and enhances the customer experience by removing the need for one person to advance the full sum.