Yahoo Finance launched a new savings app called Tanda which allows groups of five or nine people to save money; the app pools money from the group each month and each member of the group gets access to the pool at different months; the company charges a fee on the first two payouts but offers a bonus to users who can wait for the money; the pool can reach $2,000 and Tanda has partnered with Dwolla to vet users. Source.
Yahoo Finance's new app called Tanda has a unique approach to helping consumers save money; users pool their money over time with others; those who decide to withdraw money from the pool first pay a small fee while the last person in the group receives a small bonus; Lend Academy shares more details and screenshots of the the app. Source
There are plenty of financial apps on the market today spanning all aspects of personal financial management. There are apps...