Save money with friends using this Nigerian-made social community app

Authors:

folarin okunola

July 29, 2016 10:21 AM

It is also free, you can create an invite-only circle of people you trust, you can send and receive messages between individuals and savings groups.

Reach

So, I came across one very cool app that lets you create a private social community with many dope features. The app is called Reach.

You're probably wondering why I feel the need to bring this to your attention. Well, for starters it is Nigerian-made and best of all, it offers very cool features.

Reach basically wants to bring you and your friends together to set, plan, and track your 'financial' goals (think digital piggy bank) - all you have to do is set a target amount and due date.

If you have a Zenith Bank account, these financial goals can be met via automatic deductions. The Reach website says Zenith is going to keep the money you and your friends save in an insured untouchable account.

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When you need the money, you can simply transfer it to any bank account of your choice. Not bad at all if you ask me.

It is also free, you can create an invite-only circle of people you trust, you can send and receive messages between individuals and savings groups, and you can also set, edit and track your savings goals within your group of friends.

Reach also has a chatbot called Kudi and you cancel your savings goal at any time. Once you do that, the company says you will receive all the funds you have saved in an instant transfer.

This may not be the life changing revolutionary app that changes everything in your life but I do think it’s a good one. The app is available on only Android right now and its free.

Shoutout to the Techcabal guys for pointing out this platform.

Authors:

folarin okunola