diff --git a/contracts/finance/AbstractSplitter.sol b/contracts/finance/AbstractSplitter.sol
new file mode 100644
index 00000000..7ac8620f
--- /dev/null
+++ b/contracts/finance/AbstractSplitter.sol
@@ -0,0 +1,105 @@
+// SPDX-License-Identifier: MIT
+
+pragma solidity ^0.8.20;
+
+import {Math} from "@openzeppelin/contracts/utils/math/Math.sol";
+import {SafeCast} from "@openzeppelin/contracts/utils/math/SafeCast.sol";
+
+/**
+ * @title AbstractSplitter
+ * @dev This contract allows to split payments in any fungible asset among a group of accounts. The sender does not
+ * need to be aware that the asset will be split in this way, since it is handled transparently by the contract.
+ *
+ * The split can be in equal parts or in any other arbitrary proportion. The way this is specified is by assigning each
+ * account to a number of shares through the {_shares} and {_totalShares} virtual function. Of all the assets that this
+ * contract receives, each account will then be able to claim an amount proportional to the percentage of total shares
+ * they own assigned.
+ *
+ * `AbstractSplitter` follows a _pull payment_ model. This means that payments are not automatically forwarded to
+ * the accounts but kept in this contract, and the actual transfer is triggered as a separate step by calling the
+ * {release} function.
+ *
+ * Warning: An abstractSplitter can only process a single asset class, implicitly defined by the {_balance} and
+ * {_doRelease} functions. Any other asset class will not be recoverable.
+ */
+abstract contract AbstractSplitter {
+    using SafeCast for *;
+
+    mapping(address account => int256) private _released;
+    int256 private _totalReleased;
+
+    event PaymentReleased(address to, uint256 amount);
+
+    /**
+     * @dev Internal hook: get shares for an account
+     */
+    function _shares(address account) internal view virtual returns (uint256);
+
+    /**
+     * @dev Internal hook: get total shares
+     */
+    function _totalShares() internal view virtual returns (uint256);
+
+    /**
+     * @dev Internal hook: get splitter balance
+     */
+    function _balance() internal view virtual returns (uint256);
+
+    /**
+     * @dev Internal hook: call when token are released
+     */
+    function _doRelease(address to, uint256 amount) internal virtual;
+
+    /**
+     * @dev Asset units up for release.
+     */
+    function pendingRelease(address account) public view virtual returns (uint256) {
+        uint256 amount = _shares(account);
+        // if personalShares == 0, there is a risk of totalShares == 0. To avoid div by 0 just return 0
+        uint256 allocation = amount > 0 ? _allocation(amount, _totalShares()) : 0;
+        return (allocation.toInt256() - _released[account]).toUint256();
+    }
+
+    /**
+     * @dev Triggers a transfer of asset to `account` according to their percentage of the total shares and their
+     * previous withdrawals.
+     */
+    function release(address account) public virtual returns (uint256) {
+        uint256 toRelease = pendingRelease(account);
+        if (toRelease > 0) {
+            _addRelease(account, toRelease.toInt256());
+            emit PaymentReleased(account, toRelease);
+            _doRelease(account, toRelease);
+        }
+        return toRelease;
+    }
+
+    /**
+     * @dev Update release manifest to account to shares movement when payment has not been released. This must be
+     * called whenever shares are minted, burned or transferred.
+     */
+    function _beforeShareTransfer(address from, address to, uint256 amount) internal virtual {
+        if (amount > 0) {
+            uint256 supply = _totalShares();
+            if (supply > 0) {
+                int256 virtualRelease = _allocation(amount, supply).toInt256();
+                if (from != address(0)) _subRelease(from, virtualRelease);
+                if (to != address(0)) _addRelease(to, virtualRelease);
+            }
+        }
+    }
+
+    function _allocation(uint256 amount, uint256 supply) private view returns (uint256) {
+        return Math.mulDiv(amount, (_balance().toInt256() + _totalReleased).toUint256(), supply);
+    }
+
+    function _addRelease(address account, int256 amount) private {
+        _released[account] += amount;
+        _totalReleased += amount;
+    }
+
+    function _subRelease(address account, int256 amount) private {
+        _released[account] -= amount;
+        _totalReleased -= amount;
+    }
+}
diff --git a/contracts/mocks/ERC20Mock.sol b/contracts/mocks/ERC20Mock.sol
new file mode 100644
index 00000000..801a840b
--- /dev/null
+++ b/contracts/mocks/ERC20Mock.sol
@@ -0,0 +1,7 @@
+// SPDX-License-Identifier: MIT
+
+pragma solidity ^0.8.20;
+
+import {ERC20} from "@openzeppelin/contracts/token/ERC20/ERC20.sol";
+
+abstract contract ERC20Mock is ERC20 {}
diff --git a/contracts/mocks/PaymentSplitterMock.sol b/contracts/mocks/PaymentSplitterMock.sol
new file mode 100644
index 00000000..91dd5549
--- /dev/null
+++ b/contracts/mocks/PaymentSplitterMock.sol
@@ -0,0 +1,48 @@
+// SPDX-License-Identifier: MIT
+
+pragma solidity ^0.8.20;
+
+import {IERC20, ERC20} from "@openzeppelin/contracts/token/ERC20/ERC20.sol";
+import {SafeERC20} from "@openzeppelin/contracts/token/ERC20/utils/SafeERC20.sol";
+import {AbstractSplitter} from "../finance/AbstractSplitter.sol";
+
+abstract contract PaymentSplitterMock is AbstractSplitter, ERC20 {
+    IERC20 public immutable token;
+
+    constructor(IERC20 _token) {
+        token = _token;
+    }
+
+    /**
+     * @dev Internal hook: shares are represented as ERC20 tokens
+     */
+    function _shares(address account) internal view virtual override returns (uint256) {
+        return balanceOf(account);
+    }
+
+    /**
+     * @dev Internal hook: get total shares
+     */
+    function _totalShares() internal view virtual override returns (uint256) {
+        return totalSupply();
+    }
+
+    /**
+     * @dev Internal hook: get splitter balance
+     */
+    function _balance() internal view virtual override returns (uint256) {
+        return token.balanceOf(address(this));
+    }
+
+    /**
+     * @dev Internal hook: call when token are released
+     */
+    function _doRelease(address to, uint256 amount) internal virtual override {
+        SafeERC20.safeTransfer(token, to, amount);
+    }
+
+    function _update(address from, address to, uint256 amount) internal virtual override {
+        _beforeShareTransfer(from, to, amount);
+        super._update(from, to, amount);
+    }
+}
diff --git a/test/finance/AbstractSplitter.test.js b/test/finance/AbstractSplitter.test.js
new file mode 100644
index 00000000..cc6778b7
--- /dev/null
+++ b/test/finance/AbstractSplitter.test.js
@@ -0,0 +1,142 @@
+const { ethers } = require('hardhat');
+const { expect } = require('chai');
+const { loadFixture } = require('@nomicfoundation/hardhat-network-helpers');
+const { sum } = require('@openzeppelin/contracts/test/helpers/math');
+
+const amount = ethers.parseEther('1');
+
+async function fixture() {
+  const [owner, payee1, payee2, payee3] = await ethers.getSigners();
+
+  const token = await ethers.deployContract('$ERC20Mock', ['name', 'symbol']);
+  const mock = await ethers.deployContract('$PaymentSplitterMock', ['splitter name', 'splitter symbol', token]);
+
+  return {
+    owner,
+    payee1,
+    payee2,
+    payee3,
+    token,
+    mock,
+  };
+}
+
+describe('TokenizedERC20Splitter', function () {
+  beforeEach(async function () {
+    Object.assign(this, await loadFixture(fixture));
+  });
+
+  it('set payee before receive', async function () {
+    await this.mock.$_mint(this.payee1, 1);
+    await this.token.$_mint(this.mock, amount);
+
+    const tx = this.mock.release(this.payee1);
+    await expect(tx).to.emit(this.mock, 'PaymentReleased').withArgs(this.payee1, amount);
+    await expect(tx).to.changeTokenBalances(this.token, [this.mock, this.payee1], [-amount, amount]);
+  });
+
+  it('set payee after receive', async function () {
+    await this.token.$_mint(this.mock, amount);
+    await this.mock.$_mint(this.payee1, 1);
+
+    const tx = this.mock.release(this.payee1);
+    await expect(tx).to.emit(this.mock, 'PaymentReleased').withArgs(this.payee1, amount);
+    await expect(tx).to.changeTokenBalances(this.token, [this.mock, this.payee1], [-amount, amount]);
+  });
+
+  it('multiple payees', async function () {
+    const manifest = [
+      { account: this.payee1, shares: 20n },
+      { account: this.payee2, shares: 10n },
+      { account: this.payee3, shares: 70n },
+    ];
+    const total = sum(...manifest.map(({ shares }) => shares));
+
+    // setup
+    await Promise.all(manifest.map(({ account, shares }) => this.mock.$_mint(account, shares)));
+    await this.token.$_mint(this.mock, amount);
+
+    // distribute to payees
+    for (const { account, shares } of manifest) {
+      const profit = (amount * shares) / total;
+
+      await expect(this.mock.pendingRelease(account)).to.eventually.equal(profit);
+
+      const tx = this.mock.release(account);
+      await expect(tx).to.emit(this.mock, 'PaymentReleased').withArgs(account, profit);
+      await expect(tx).to.changeTokenBalances(this.token, [this.mock, account], [-profit, profit]);
+    }
+
+    // check correct funds released accounting
+    await expect(this.token.balanceOf(this.mock)).to.eventually.equal(0n);
+  });
+
+  it('multiple payees with varying shares', async function () {
+    const manifest = Object.fromEntries(
+      [
+        { account: this.payee1, shares: 0n, pending: 0n },
+        { account: this.payee2, shares: 0n, pending: 0n },
+        { account: this.payee3, shares: 0n, pending: 0n },
+      ].map(value => [value.account.address, value]),
+    );
+
+    const runCheck = () =>
+      Promise.all(
+        Object.values(manifest).map(async ({ account, shares, pending }) => {
+          await expect(this.mock.balanceOf(account)).to.eventually.equal(shares);
+          await expect(this.mock.pendingRelease(account)).to.eventually.equal(pending);
+        }),
+      );
+
+    await runCheck();
+
+    await this.mock.$_mint(this.payee1, 100n);
+    await this.mock.$_mint(this.payee2, 100n);
+    manifest[this.payee1.address].shares += 100n;
+    manifest[this.payee2.address].shares += 100n;
+    await runCheck();
+
+    await this.token.$_mint(this.mock, 100n);
+    manifest[this.payee1.address].pending += 50n; // 50% of 100
+    manifest[this.payee2.address].pending += 50n; // 50% of 100
+    await runCheck();
+
+    await this.mock.$_mint(this.payee1, 100n);
+    await this.mock.$_mint(this.payee3, 100n);
+    manifest[this.payee1.address].shares += 100n;
+    manifest[this.payee3.address].shares += 100n;
+    await runCheck();
+
+    await this.token.$_mint(this.mock, 100n);
+    manifest[this.payee1.address].pending += 50n; // 50% of 100
+    manifest[this.payee2.address].pending += 25n; // 25% of 100
+    manifest[this.payee3.address].pending += 25n; // 25% of 100
+    await runCheck();
+
+    await this.mock.$_burn(this.payee1, 200n);
+    manifest[this.payee1.address].shares -= 200n;
+    await runCheck();
+
+    await this.token.$_mint(this.mock, 100n);
+    manifest[this.payee2.address].pending += 50n; // 50% of 100
+    manifest[this.payee3.address].pending += 50n; // 50% of 100
+    await runCheck();
+
+    await this.mock.$_transfer(this.payee2, this.payee3, 40n);
+    manifest[this.payee2.address].shares -= 40n;
+    manifest[this.payee3.address].shares += 40n;
+    await runCheck();
+
+    await this.token.$_mint(this.mock, 100n);
+    manifest[this.payee2.address].pending += 30n; // 30% of 100
+    manifest[this.payee3.address].pending += 70n; // 70% of 100
+    await runCheck();
+
+    // do all releases
+    for (const { account, pending } of Object.values(manifest)) {
+      const tx = this.mock.release(account);
+      await expect(tx).to.emit(this.mock, 'PaymentReleased').withArgs(account, pending);
+      await expect(tx).to.changeTokenBalances(this.token, [this.mock, account], [-pending, pending]);
+    }
+  });
+});