The Money Club is a financial technology company that has digitized the traditional concept of a chit fund, a rotating savings and credit association popular in India. Backed by investors including Y Combinator, the platform allows users to join verified online groups to pool money, save, and borrow at low-interest rates. The company's mission is to provide a transparent, secure, and efficient alternative to traditional finance for saving and borrowing. It uses proprietary AI-based algorithms for user verification, risk assessment, and fraud detection to ensure the security of the platform.

Founded in

United Kingdom