London-based startup BillBob has officially launched its AI-powered bill-splitting app, designed to take the hassle out of splitting group payments.

Created by 26-year-old founder Oscar Brown, the mobile-first platform aims to let users scan a receipt, allocate items in seconds and collect money via secure peer-to-peer transfers.

Only one person needs to download the app, with others joining by scanning a QR code and paying in just a few taps.

It is free to use, charging a 3% fee only when users settle up through its in-app payment feature, supported by integrations with Revolut and Stripe and built-in cross-currency support.

The app is now available on the iOS App Store across the UK, EU, USA, Australia and New Zealand.