Airbnb Buys Payments Company Tilt to Let Travelers Split Trip Costs
Photo Credit: It's a bittersweet day for Tilt's more than two-dozen employees as the dreams of becoming a billion-dollar unicorn have been traded for an acqui-hire by Airbnb. Tilt
Skift Take
Travelers have long asked Airbnb to make it easier to share the cost of a rental, including when they are using different currencies from a lodging host. By acquiring Tilt, the startup will likely add that service to its app.
Late yesterday Airbnb closed on its acquisition of Tilt, a startup whose mobile app enables peer-to-peer payments like rival Venmo.
Airbnb chief executive Brian Chesky has said he wants to make it easier for groups of people to split the costs of Airbnb-assisted rentals.
A source says that Jeff Jordan, the Andreessen Hor
