# Group-Oriented Finance Apps 'Micc Financial' Helps Groups Work Towards Their Financial Objectives By Francesca Mercurio | Published 2021-08-05 | Business Source: Trend Hunter, https://www.trendhunter.com/trends/micc-financial References: [atlanticfintech](https://atlanticfintech.ca/micc-financial/) & [micc.app](https://micc.app/) MICC Financial has developed an app that helps individuals meet their financial targets in a [collaborative manner](https://www.trendhunter.com/trends/push-app). The app is safe, secure, and easy to use. Users are invited to download the app, create a group, invite members and begin saving funds. The goal of MICC financial is for users to [build their credit scores](https://www.trendhunter.com/trends/fingrow) in a collaborative method. The app allows users to [pool funds together](https://www.trendhunter.com/trends/group-expense) and take turns accessing the lump sum with no added fees. This, in turn, offers a new way for users to increase their credit scores than the traditional use of credit cards and making loan payments. The app is ideal for individuals new to credit-earning or new to Canada, who have low credit scores and want to build it up fast. MICC can be downloaded on the App Store or Google Play. Image Credit: MICC Financial ## Trend Insights (Trend Hunter) - Score: 1.8/10 - Popularity: 25% | Activity: 19% | Freshness: 10% - Audience gender: 50% men, 50% women - Primary generations: Millennial, Gen X - Top markets: North America ## Categories [Trend Hunter](https://www.trendhunter.com/trends) > [Business](https://www.trendhunter.com/business) ## Key Themes ### Key Themes Behind This Trend - **Collaborative Finance:** Group-oriented finance apps are becoming popular as they allow individuals to work collaboratively to achieve financial goals. - **Alternative Credit Building:** Apps like MICC Financial offer an innovative way to build credit without the use of credit cards or traditional loan payments. - **Mobile Savings:** Mobile saving apps like MICC Financial offer convenient and accessible savings opportunities for users. ### Where This Applies - **Finance:** The finance industry has an opportunity to disrupt traditional credit building methods and offer alternative solutions to help individuals achieve financial goals collaboratively. - **Technology:** The technology industry has the chance to innovate with mobile savings apps and other financial technologies that increase accessibility to financial services and boost user engagement. - **Consumer Goods:** As group-oriented finance apps become more popular, consumer goods companies have the potential to partner with these apps to offer exclusive deals and discounts to users who meet certain savings goals. ## Related on Trend Hunter - [Group Finances-Centered Payment Apps](https://www.trendhunter.com/trends/innovative-payment-app.md) - [Financial Challenges Mobile Apps](https://www.trendhunter.com/trends/achieve-good.md) - [Money-Pooling Finance Apps](https://www.trendhunter.com/trends/group-financing-platform.md) - [Action-Focused Finance Apps](https://www.trendhunter.com/trends/clearmoney-app.md) - [Effective Credit-Building Apps](https://www.trendhunter.com/trends/creditbuilding-apps.md) - [Credit-Consolidating Finance Apps](https://www.trendhunter.com/trends/credit-finance-app.md) - [Financial Health-Focused Apps](https://www.trendhunter.com/trends/cash-flow-and-capital.md) - [Personalized Finance Suggestion Apps](https://www.trendhunter.com/trends/momocredit.md) - [Group Expense Trackers](https://www.trendhunter.com/trends/memogo.md)