UK Fintech Wise (LON: WISE), the global technology company building (what it claims to be) the best way to move and manage the world’s money, recently unveiled the launch of ‘Spend with Others’, a feature that has reportedly been designed to simplify shared spending for consumers. ‘Spend with Others’ enables clients to set up a group of family and friends to spend together straight / directly from Wise, splitting everything from everyday costs to trips taken abroad. The feature is available “free of charge” to Wise Account customers in the United Kingdom. The product is described as being different from a standard joint account as one individual will be responsible for everyone in the group as the ‘Owner’. This Owner sets up a group and then invites additional ‘Members’ to spend with them. Members will have to be existing Wise customers in order to join a group. As explained in the update, ‘Owners’ and ‘Members’ are able to add funds and spend from the group, with all members able to set up a digital Wise card for spending. As clarified in the announcement from Wise, only ‘Owners’ can withdraw or send money from the group. As noted in a release, you may choose to create groups of up to five people to share spending with, with each member able to receive a digital Wise card You may also easily spend in more than 160 countries and 40 different currencies Furthermore, you can split everyday expenses (groceries, restaurant budgets, subscriptions) with your partner or housemates. This launch amplifies the “success” of Wise which has surpassed 12.2m active personal customers globally. The feature will, at first, be available to Wise Account customers in the UK, EU, Switzerland, Australia, New Zealand and Singapore, with a further global rollout planned for later this year.