Hagbad Money Poolv2.0.0
Released May 10, 2023Major
iOS
What changed
- LocalizationWhite-label solution for customized branding, colors, and language
- New featureMarketplace ROSCA for financial institution customers
- ComplianceAutomated KYC for new customer onboarding
- SocialMember invitation functionality via WhatsApp
- SocialAbility for members to join public groups or create private groups
- New featureMarketplace integration with host and member credit scoring
- UXPublic and private display of group and member ratings
- New featurePayment history tracking and fund distribution management
- New featureAPI compatibility with external financial applications
- New featureSupport for any currency and stablecoins
Original release notes
TMoney Pool Platform is a White label fintech service for Entrepreneurs and financial institutions that wishes to digitize the traditional microfinance practice of community cycle funds or ROSCA (Rotating savings and credit association). ROSCA is an ancient and widespread practice around the globe of lending cycles of money between people. The Money Pool platform allows participants to participate in a vetted pool or create a private group for their own family, friends, or villages. The Money Pool platform is designed to power in-app or standalone fintech across the globe, offering Financial Institutions and Fintech entrepreneurs a seamless experience Customized Branding, color, and language Marketplace ROSCA for your Financial Institution customers Compatible with any Currency and Stablecoin. Money Pool Platform provides our clients with a white-label solution or standalone to onboard existing or new customers in the pool, create public groups or private groups, manage, track, distribute funds, and offer value-added financial products to the members. The Platform can launch a full-size investment marketplace and attract new customers in different corridors. Easily onboard existing Customers Attract New Customers with KYC Automation Member invitation via WhatsApp Members can Join Public Group Member can create Private Group Marketplace with Credit Scoring Host Credit Scoring Member Credit Scoring In-app Integration for Financial Institutions Standalone for Fintech Entrepreneurs Public Display on Group’s rating Private Display on Host/Member rating Payment History Compatible with any Financial application via our API Fund Distribution on the maturity of the pool Communities without access to capital can tap into the resources of their family, tribes, and friends by pooling funds to borrow and save together. Hence, the Money Pool platform modernizes this informal saving and makes it accessible to all customers.This new version is