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Prizeout and Tandem partner to reward couples on splitting expenses

By Gloria Methri

May 05, 2023

  • Expense Sharing
  • FinTech
  • Money Sharing App
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Tandem bank, UK, green digital bank, Top Up, savings account, instant access savings account, Money Sharing App, Digital Lending, Prizeout , UK, FinTechPrizeout Corp, the ad-tech company that turns financial balances into growth solutions, is helping couples split their expenses.

In partnership with the expense-sharing app Tandem, couples now can now make money on their end-of-month balances and convert them to additional purchasing power through more than 1,300 merchants and brands.

“Our value prop is truly helping consumers capitalize on their purchasing power. We are literally paying couples to split their expenses,” said David Metz, CEO and Founder of Prizeout. “At the end of the week or month, couples can now choose to ‘settle up’ via Prizeout, where they can see an average of 12% additional purchasing power on more than 1,300 relevant merchants that have been customized geo-targeted directly to them- and likely, brands they are already using.”

Tandem allows couples to split expenses with a swipe, and now with Prizeout, couples can use their end-of-month additional purchasing power and rewards to plan vacations, try new restaurants, and have other fun shared experiences.

“We are beyond thrilled to be partnering with Prizeout and offer our users additional purchasing power on their everyday spend or many trips together,” said Daniel Couvreur, Co-Founder of Tandem. “We built Tandem to create a better option for couples who share finances – a solution without friction, with transparency, and ultimately now, rewards.”

When couples go to their ledger to “settle up,” there will be a button to cash out through Prizeout. Upon clicking, the user will see a list of merchants customized just for them, with the offered additional purchasing power.

“My partner typically owes me a balance at the end of the month,” said Tandem customer Michael Metz. “With the Prizeout option, I love the ability to put the balance on a gift card and receive a bonus to shop at the brands we already use together! It feels like we are working together to increase our budget instead of just depositing the owed funds into my bank account.”

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