How does "Splitser" app make money?

Lazycog@sopuli.xyz to No Stupid Questions@lemmy.world – 31 points –

I had no idea where to ask such a question and I tried to read their terms of use / privacy statements / about us page to find info about how this popular cost splitting app makes money to employ people.

They don't even accept donations. Sounds very sketchy, but apparently they don't really sell data or even offer this app to businesses. Does anyone know how they make profit?

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This is from the Play Store listing of the app

Now I really feel stupid, didn't check Play Store... thanks a bunch!

I’m curious what kind of data they are selling.

Like Joe always default on his payments? Or Nancy occasionally let Lucy pay the bill. 

I'm never surprised by what data people sell.

I'm always surprised there's someone buying.