Micro Saving

Apps use micro payments to invest and pay down debts

Implications - Brands are offering financial apps that allow users to invest, save or reduce debts with small sums of money. This shift comes as consumer debt in the U.S. remains higher than it has ever been, and the majority of Americans fear stock markets–in part due to past experiences with financial crises, and a lack of education in the subject. The use of micro investment, debt reduction and saving apps resolves the intimidating nature of growing financial portfolios by removing reluctance-evoking barriers, including high risks and steadfast commitment.
SCORE 5.3
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16,919 Total Clicks
Apr 17 - Feb 18
New and Untested
TechMobileBusiness
Featured Examples
Spare Change Investment Platforms - 'Coinseed' Lets You Invest Change in Cryptocurrencies
SCORE 5.5
New and Warm 26 Clicks Pub: Feb 13, 18
Spare Change Investment Platforms
'Coinseed' Lets You Invest Change in Cryptocurrencies
Cryptocurrencies have surged in popularity amongst many consumer demographics, which is seeing new solutions like the ‘Coinseed’ platform come about. Connecting to your debit and credit... [More]
Spare Change Investment Apps - 'Coinflash' Uses Your Change to Purchase Ethereum
SCORE 5.7
This Quarter and Warm 109 Clicks Pub: Nov 28, 17
Spare Change Investment Apps
'Coinflash' Uses Your Change to Purchase Ethereum
Cryptocurrencies like Bitcoin and Ethereum are reaching all-time highs, which is seeing new solutions like the ‘Coinflash’ platform be developed to offer consumers a streamlined way to... [More]
Debt-Reducing Apps - The 'Cents' App Uses Spare Change to Pay Down Debt You've Accumulated
SCORE 4.5
This Year and Average 143 Clicks Pub: Apr 27, 17
Debt-Reducing Apps
The 'Cents' App Uses Spare Change to Pay Down Debt You've Accumulated
Spending beyond your means or paying for unexpected costs can quickly put you in debt, so the ‘Cents’ app works to help users pay down debt by using spare change. ‘Cents’... [More]
Micro Investment Cryptocurrency Platforms - Startup Crumbs Helps Small Sums Become Cryptocurrency
SCORE 4.6
This Month and Average 134 Clicks Pub: Jan 28, 18
Micro Investment Cryptocurrency Platforms
Startup Crumbs Helps Small Sums Become Cryptocurrency
This micro investment app allows you to “turn spare change into cryptocurrency.” Currently in beta, Crumbs is a financial services startup that believes the volatile nature of the crypto... [More]
Spare Change-Saving Loan Apps - The ChangEd App Uses Spare Change to Pay Off Student Loans
SCORE 3.6
This Year and Mild 136 Clicks Pub: Aug 27, 17
Spare Change-Saving Loan Apps
The ChangEd App Uses Spare Change to Pay Off Student Loans
The ChangEd app is designed to help people pay off student loans using their spare change. The spare change is collected by rounding up purchases. Users link their bank accounts to the app and every... [More]
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