Say Hi to Poolfi - a social savings app that promotes collective saving.
With poolfi you can save with your friends, family or loved ones
Poolfi uses blockchain for its savings logic layer while using stablecoins like USDT to ensure that our users savings remain stable.
It uses smart contracts to automate contribution cycles and payouts that happens in each pool
Our users deposit with their local currency which is then swapped to Stablecoin and they form a pool with their trusted circle set the amount they will like to contribute each, set the duration and then save.
Our Mission is simple; It is to make Saving Together, collectively Easy, Enjoyable and worthwhile. We want to foster togetherness in Friendships, families, collective spaces (work, church, clubs etc) using savings as a tool with Blockchain as our Transparent Anchor.
Now picture this, the latest restaurant just opened for business, and the group chat is buzzing.
You guys have been planning this hangout forever, and now it’s finally here.
You’re staring at your phone as countless messages pop in, and then you drop the bomb:
“You guys, I can’t come. I’m low on funds right now.” You drop your phone because why not? You’re dead meat.
Moments later, your phone starts vibrating again.
A group call. You already know… they’re not letting this slide.
But here’s the thing
what if you and your circle didn't have to experience moments like this?
What if your group could actually save for that hangout together the same way you plan it in the chat?
I know right, you are asking yourself what's she talking about? Yeah this is a problem we are solving with POOLFI but numerous problems are among saving circles that already exist like.
Lack of Transparency : Usually, saving circles lack transparency due to the fact that transactions are fiat based and mostly local banks are in usage. The members do not necessarily know what goes on with the money they pooled since its collective. There has been cases where the person in charge of holding these funds elopes.
Centralization: The decisions and funds are held by a singular person which makes the activity less trustworthy.
Then there's the ever increasing and fluctuating Currency inflation.
To add to that , also Low saving Drive exists among individuals today
Poolfi is a social savings app that helps you and your inner circle save together, plan better, and stay consistent whether it’s for a trip, a dinner, or just for that financial peace of mind using Stablecoins No awkward reminders. No lost contributions. Just shared goals, transparency and good vibes. We believe that Friends who save together, Grow together.
We are starting out from Nigeria and are building this product for emerging markets in Africa, LATAM and some parts of Asia.
From our research we discovered that market for POOLFI is huge, people love doing things together and with Poolfi we figured out a way to enable them do that using Stablecoins
B2C(transaction fees)
Want to grow through just grant funding
Africa
