There are rumours that Tilt, the social payment startup that has so far raised around $62million in finance, may be acquired by Airbnb.
This would give Airbnb experience in the payments space in general, and around social gatherings and events in particular, as Tilt was already popular with the college crowd in booking social events like trips and parties. Tilt also has experience deploying strategies abroad that could also assist Airbnb in solidifying its dominance as the go-to travel experience tool internationally.
The price might be anywhere from $10million, which is a significant drop off from the $400 million valuation it picked up in May 2015. Both companies have declined to comment.