Tilt is now offering one-to-one payments in addition to its crowdfunding platform.
Tilt is launching the one-to-one payment option for international users. Making the feature available internationally would give it an advantage over Venmo, which is a peer-to-peer payment app that only operates in the US. The one-to-one payment feature makes it easy to transfer funds to contacts or groups. With 75% of Tilt users being university students or recent graduates, the peer-to-peer payment option will likely be very popular for paying for dinners easily or splitting costs for parties or vacations.
Tilt is hoping to fill the gap in peer-to-peer payment apps outside of the US by launching the feature in the UK, Canada and Australia, as well as in the US.