Hype, an Italian neobank under the Sella Group, introduced SplitHype in February 2026. This feature allows users to record and settle shared expenses directly within Hype’s banking app.
Availability and Access
The feature is now available to all Hype customers across different service tiers. Non-customers can access it via an invitation through a dedicated web application, without needing to create an account.
Participants use SplitHype’s shared dashboard to record group expenses, with real-time updates on credit and debit positions among members. Expenses can be settled using peer-to-peer transfers between Hype users or bank transfers.
Fund Management in a Single Environment
SplitHype differs from standalone expense-splitting apps by integrating both calculation and settlement within the banking environment. Customers can import expenses directly from their transaction history, whereas non-customers use a web interface for accessing the feature.
This tool is designed for scenarios like shared holiday costs, household expenses, and collaborative project funding. Users manage both recording expenditure and financial settlements without relying on external payment tools.
Neobank’s Services and Background
Hype operates as an electronic money institution authorized to offer account information services and payment initiation services. The neobank launched in 2015 under the Sella Group, a banking group with operations primarily in Italy.
The platform provides various services including payments, transfers, and third-party developed products. Hype offers multiple tiers of accounts with different features and pricing structures.
Market Differentiation
While dedicated apps like Splitwise, Settle Up, and Tricount focus on calculation and tracking but require separate banking channels for settlements, SplitHype integrates these functionalities within a single banking application. This represents a significant differentiation from traditional expense-splitting tools.
The neobank’s expansion beyond basic payment services includes savings products, insurance offerings, and cryptocurrency trading through partnerships. Additionally, in October 2025, Hype partnered with Cleafy to bolster its digital fraud defenses.
