Oval Money is the first crowdshaped financial planning solution for millennials.
Oval’s idea was born from the need to encourage digital payments and at the same time associate a micro-saving behaviour to every purchase, with simple roundup and top up rules, playing on rewards, transparency and empowerment.
Oval is a simple app that links to accounts and credit cards as well as mobile payment solutions to track spending patterns in a simple and automated way. By analysing financial habits Oval educates users to save through micro-transactions that move money from the linked bank account to a secure and guaranteed saving account, where the funds are accessible at any time. Oval has also created a crowdsourced marketplace of savings ideas and tips that can be followed by ‘Ovalers’ encouraging a more reliable financial behaviour by users.