The Money Club, India

The most popular savings product in India for thousands of years is a chit fund where a group of friends save together. However, these lower-middle-class consumers using chit funds have a one 💯 billion dollar problem because people lose all their hard-earned savings when the group owner gets greedy and runs away with all their savings, leaving them back in a life of despair! We are Money Club and have built a deep tech group savings platform where users save money with other verified peers in government registered funds, allowing 400m lower middle-class Indians to save safely and securely. We have already enabled over 1/2 million consumers to save, and we are growing 300% year over year in this $100bn market. Founded by an experienced team of IIT , UCLA and INSEAD alums Find us on facebook here: https://www.facebook.com/themoneyclubs/