Joola: Savings made social

4.0
54 reviews
5K+
Downloads
Content rating
Everyone
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About this app

*** Join Joola and Transform Your Savings! ***
Looking for an easy way to save money for vacations, parties, or any group activity? Joola makes it simple to set up and manage savings pools with friends and family, ensuring everyone is ready for the big day. Whether you're aiming for financial freedom, saving for a house, paying off debt, or planning for major expenses, Joola helps you reach your financial goals effortlessly.

*** Why Choose Joola? ***
- Automatic Payments: Joola handles all payments, avoiding awkward money conversations and ensuring everyone contributes on time.
- Flexible Savings: Save gradually without needing a large sum upfront. For example, plan a $3000 trip by saving just $250 per month over 12 months.
- Track Group Activities: Monitor everyone's contributions in real-time and celebrate milestones together.

*** Perfect for All Your Savings Needs: ***
- Travel Funds: Plan and save for trips with friends.
- Hangouts: Organize and fund social gatherings.
- Special Events: Save for weddings, birthdays, or major occasions.

*** How to Use Joola: ***
1. Set Your Goal: Define how much you need to save.
2. Invite Friends: Easily add friends to your savings group.
3. Automatic Savings: Let Joola handle the savings and reminders.
4. Track Progress: Monitor contributions in real-time.
5. Enjoy Together: Celebrate your savings milestones and enjoy the event.

*** Solo Savings? No Problem! ***
Joola also supports individual saving goals. It's a great FREE financial learning tool, offering quests, tips, and the ability to compete with friends to earn badges while learning about finances.

*** Digital ROSCA Included: ***
Experience a digital version of the Rotating Savings and Credit Association (ROSCA), known as tandas, chama, stokvel, susu, hui, gye, tanomoshiko, Chit Fund, pandeiros, juntas, arisan, lenshare, dhukuti, and menage in various cultures.

*** Benefits of Joola: ***
- Stress-Free Saving: Automatic savings and reminders.
- Transparency: Real-time tracking of contributions.
- Financial Accountability: Promote saving habits and financial planning.
- Fun Financial Learning: Free financial tips, quests, and badges.
- User-Friendly: Simple setup and easy to use.

*** Secure and Private: ***
- Privacy Protection: We never share your information without your consent.
- Data Security: Your data is encrypted, and we do not store sensitive information like SSNs or bank account numbers.

Download Joola today and start saving with friends or on your own! Reach your financial goals with ease and enjoy the journey together.
Updated on
25 Oct 2024

Data safety

Safety starts with understanding how developers collect and share your data. Data privacy and security practices may vary based on your use, region and age. The developer provided this information and may update it over time.
This app may share these data types with third parties
Personal info, Financial info and Files and docs
This app may collect these data types
Personal info, Photos and videos and App info and performance
Data is encrypted in transit
You can request that data be deleted

Ratings and reviews

3.9
52 reviews
Regan Rice
9 October 2024
I didn't like it. There's no way to edit the savings plan after a payment has been first taken, so if your financial situation changes, you are screwed and have to keep up the automatic payments until the payout date. No option for me to payout now, although the finish date is 10/11/24, and today is 10/9/24. Deactivating when it cashes out. Review changed after tech support fixed an issue
Did you find this helpful?
Joola
24 November 2024
Hello Regan, Thank you for updating your review and letting us assist you. We’re glad our support team resolved the issue. Your feedback on savings plan flexibility is valuable, and we’ve shared it with our development team to improve the platform. Thanks for sharing your experience!
Jordan Burgin
24 November 2024
Would give 0 stars, I setup an account and went to login the next day. Asks for my phone number to send a code. Cool. No code, instead asks for password. Cool I got that too. "wrong password" except I made the account yesterday and have the password written down. Go back in the app to try to reset password. Get locked out for suspicious activity. So lucky I didn't have money in it before they locked me out and stole it. Awful app.
Did you find this helpful?
Joola
26 November 2024
Hello Jordan, we apologize for the frustration with your account. Multiple failed login attempts activated a security measure to protect your information. Please rest assured that you are the only individual who can access your savings account and funds. No transactions will occur without your consent. Thank you for sharing your experience.
ROCK YOUR BITS
7 November 2024
found out after signing up that they charge fees to give YOUR money back to you. so you save money as a group, joola takes some, and then gives you the rest. they also ask for a lot of information before this is made clear. I didn't see anything in the app store under the description about fees. I could have missed it.
1 person found this review helpful
Did you find this helpful?
Joola
24 November 2024
Hello ROCK YOUR BITS, Thank you for sharing your experience! We charge a small service fee to support our platform, with fees shown before a group starts and always accessible in the app. Your feedback helps us improve. Let us know if you have more suggestions or concerns!

What's new

Removed unnecessary permission for image picker