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435:: Members join circles with the group fund ranging from $ 100 to $ 1000. Users can level up to larger savings circles from joining smaller circles at the beginning. Contribution and payout schedules can vary from biweekly to monthly, depending on the circle.Members select their preferred schedule for receiving the lump sum payout.
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The TANDA app is a digital version of a traditional savings group where people pool money together to reach their financial goals. In this system, each member of the group contributes regularly. Every period, one member gets the total savings, while others contribute to that person. This rotation
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tags using the button below. This will let reviewers know a new draft has been submitted in their area of interest. For instance, if you wrote about a female astronomer, you would want to add the
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Members who need an early payout incur a fee. The app incentivizes consistent contributions and accepting payment at the end of the circle by offering rewards.
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A home page feed allows circle members to share their savings goals and experiences after receiving their payout, fostering a supportive community.
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is an
American company founded in 2023 that operates a social savings mobile application based on Rotating Savings and Credit Associations (
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Inspired by a successful Yahoo product launched in 2018, Tanda was founded in 2023 by Jesse Chor, Chris Chan, Mike Emery, and Glen Wong.
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TANDA ensures secure payouts and covers any missed contributions to prevent disruptions in the payout schedule for other members.
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Users can create their own circles and invite friends and family, making saving a social and collaborative experience.
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s), or ROSCAs are a popular savings method and known by a variety of names worldwide, such as
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TANDA: Bringing
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