Meet Splitzee – the Company That Takes the Money Out of the Game

It’s spring and you’re excited to start playing softball again. It’s gonna be so much fun playing with your team again, winning and feeling badass….only if you didn’t have to deal with all that money crap. Tim never covers his league dues and Carrie never pays on time. And on top of that Suzzie just announced she’s getting married, so y’all will have to get her a gift. At this rate you’ll get your money back sometime in 2016…

Enter Splitzee*. This Boston-based startup helps you collect money from multiple people and not worry about reimbursement. You always pull your money together beforehand and then withdraw it, once you’ve reached your goal. The coolest part? You can use it for absolutely anything – from baby showers and birthday gifts to trips and nights out.

Splitzee hits 100!

Still, if you’re an athlete, you’ll probably go head over heels for it even more. Splitzee is in fact focusing on social sports teams, allowing them to collect money for league dues, uniforms, post-workout drinks and anything in between. The company which launched a partnership with the Boston Ski & Sports Club in early March already has more than 100 teams and more than 1000 new users signed up. The premise behind it? Team captains are not supposed to be bill collectors. They shouldn’t deal with all the money collection stress, but just enjoy the game. Sounds good? That’s not even the best part. Splitzee’s putting together a Team Captain Care Package with goodies tailored to those with active lifestyles and has promised to pay the league dues of one of every 100 teams that sign up. Now, that’s commitment!

So, what’s next? According to the company’s President, Michael Sattler, there are infinite possibilities. Although Splitzee seems to love social sports, it also wants to branch out. Got a kid that plays a sport? Better use Splitzee to pay for the coach gift, ’cause they will be chipping in. The company just announced that it will pay $20 towards each and every coach gift fund its users start. Will they take away the pain from youth sports next? Guess we’ll just have to wait and see.

*Disclaimer: I used to work there.