Crowdinvestments

Steven mobile group payments

Location:

Stockholm, Sweden.

Steven

Mobile group payments

About Steven

Doing things we love with people we love is what it’s all about. But settling the expenses afterwards can easily get awkward. Steven is the finance wiz at your fingertips who removes the hassle of sorting out group payments.

And our finances gets more and more intertwined with other people. To monitor our personal balance, we must also keep track of shared expenses and Steven solves just that!

In contrast to most financial players, who gain users via marketing, Steven has reached 165,000+ users in Sweden across 3.5 years almost exclusively organically, showing an actual demand. In 2022 the speed of growth has increased, and we’re on a mission to be 250,000+ users at the end of 2022, and plan to expand to further markets.

Currently, users share over 100,000 expenses in Steven per month. It can be expenses for travelling, household expenses and everything in between.

To make it easier than ever to add expenses, Steven has just launched a card in co-op with Mastercard. Anything you buy with the card is automatically added to the app, reducing the number of steps needed to add an expense. The card increases the stickiness even further and is also Steven’s first step to monetise the userbase.

With expense sharing, connected bank accounts, and now a payment card, Steven is striving to be the platform where users can completely control their finances, instantly.