Technology

Brazilian Nubank launches Divide Amount option

The new feature will be gradually available to all clients

Nubank card on a white background and coins. Nubank is a Brazilian company in the segment of financial services and digital bank. largest fintech in Latin America.
The Brazilian neobank Nubank started to distribute among its customers a feature to slip the amount spent with friends or relatives. Photo: Shutterstock

On Tuesday the Brazilian neobank Nubank launched a feature that allows the user to share payments for products and services with friends and relatives, on a debit or credit card.

How does it work? The user enters the number of friends with whom he wants to share the amount, the total amount of the expense, and the division is done automatically in the app. It is also possible to define specific values for each user.

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In the end, the contacts receive a reminder to make the payment with the right amount and the transfer data of the user responsible for the payment. If the person is a customer, it’s even easier: the reminder goes as a notification in the app and they just need to confirm the amount to make the payment.

Nubank app download results
Photo: Nubank/Courtesy.

According to the company, the payment split can also be made with people who are not Nubank customers. But the feature it’s not available to all the clients yet, it will be released gradually.