Tilt, the social payments app for millennials, launches in Australia

Australian students need never pay for a party bus in cash again.

The startup Tilt, founded in the U.S. in 2012, officially launched in Australia on Tuesday. Targeted at young people, and especially university students, the app aims to help users pool money for activities or gifts through its iOS and Android app.

Unlike public crowdfunding platforms like Kickstarter, Tilt allows people to collect money off friends or their immediate social network, Harrison Uffindell, Tilt's country manager, told Mashable Australia.  Read more...