Overview

Sou Sou

Information by Research TrustFinance

www.sousouapp.com

Sou Sou was a financial technology company founded by Fonta Gilliam, aiming to digitize the traditional, community-based savings practice known as a "sou-sou" or ROSCA. The platform allowed users to form private savings groups, contribute a fixed amount of money regularly, and take turns receiving the lump-sum payout. The company's mission was to promote financial inclusion, help individuals save for specific goals, and provide a tool for communities to manage money without relying on traditional banking products. Despite initial funding and media attention, the company ceased operations in late 2019.

Founded in
United States

United States


Industry

    Financial

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