Dosh is a digital wallet app that offers mobile payment, cashback rewards, and personal finance management tools, enabling users to easily spend, save, and borrow money. By providing features like instant payment requests and customizable savings "Stashes," Dosh helps users manage their finances effectively and reduce reliance on traditional banking services.
Funding
$6M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Traditional banking services can be cumbersome, often requiring users to navigate complex processes and rely on physical branches for various financial tasks. Managing money effectively, saving towards goals, and accessing borrowing options can be difficult without user-friendly digital tools.
Solution
Dosh is a mobile digital wallet designed to simplify spending, saving, and borrowing. The app allows users to easily manage their finances through features like customizable savings "Stashes" and instant payment requests. Dosh also provides access to personal loans and home loans with a fully digital application process. Funds are securely held in trust with a registered bank, and users can earn interest on their savings.
Target Audience
Dosh primarily targets individuals in New Zealand seeking a convenient, mobile-first solution for managing their finances, including spending, saving, and accessing loans.
Features
- Dosh Visa Debit Card for spending with cashback rewards on eligible purchases
- Stashes feature to organize and manage money for specific goals
- Instant payment requests for easy peer-to-peer transactions
- Personal loans with digital application and management
- Home loans powered by Westpac NZ with annual loyalty cashback
- High-yield savings accounts with unlimited withdrawals and no fees
- Real-time transaction notifications and card lock/unlock functionality
- Integration with Apple Pay for contactless payments