Ivella
The split account is a digital banking solution that allows couples to easily manage their shared expenses while maintaining separate finances. With the split account, couples can create a joint account where they can deposit money for shared expenses such as rent, groceries, and bills.One of the key features of the split account is the ability to set up automatic expense splitting. Couples can link their individual bank accounts to the split account and set rules for how expenses should be split. For example, they can choose to split expenses equally or based on each person’s income percentage.The split account also provides a clear overview of shared expenses, showing who paid for what and how much each person owes. This eliminates the need for manual calculations and reduces the potential for misunderstandings or disputes.In addition to expense splitting, the split account offers other useful features for couples. It allows for easy money transfers between individual accounts, making it convenient to reimburse each other for personal expenses. It also provides spending insights and budgeting tools to help couples track their shared expenses and manage their finances more effectively.Security and privacy are top priorities for Ivella. The split account uses advanced encryption and security measures to protect users’ financial information. It also ensures that each individual’s personal finances remain private, as only shared expenses are visible to both partners.Ivella’s split account aims to simplify the financial aspect of relationships, making it easier for couples to manage their shared expenses and maintain financial transparency. By providing a dedicated solution for early-stage couples, Ivella is helping them build a strong foundation for their financial future together.