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Pennysmart

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Goal-based savings app enabling users to achieve financial objectives efficiently.

Overview

Pennysmart is a personal savings application that focuses on goal-based savings. It aims to assist users in reaching their financial objectives by offering structured savings plans. The platform includes a savings account that features high interest rates, no transaction fees, and digital tools for tracking and managing savings. It is designed for individuals looking to save for both short-term and long-term goals. Pennysmart utilizes algorithms to develop personalized savings strategies, automate transfers, and provide visual indicators of progress. The company collaborates with an asset management firm and adheres to regulatory requirements to enhance user trust, while also supporting mobile money and card payment options.

Key facts

Founded
2018
Headquarters
Accra, Ghana

Business model

Contact

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About Pennysmart

What does Pennysmart do?

Pennysmart is a personal savings application that focuses on goal-based savings.

Where is Pennysmart headquartered?

Pennysmart is headquartered in Accra, Ghana.

When was Pennysmart founded?

Pennysmart was founded in 2018.

Which sector is Pennysmart in?

Pennysmart operates in Personal Finance Management, part of Financial Technology.

Who are Pennysmart's competitors?

Companies similar to Pennysmart include Monkee, Oinc, and Finbee.