SafeCircle Capital provides a digital platform that lets traditional community savings groups—such as susu, partner, or tanda—operate online with clear rules, schedules, and real‑time tracking. Users connect their own bank accounts directly to the app, allowing peer‑to‑peer transfers without the platform holding any funds, while offering full transparency on contributions and upcoming payments. Built to U.S. bank‑level security standards, it enables groups to save together securely and without intermediaries.
Funding
Funding not disclosed
Founders
Product
Problem
Traditional group savings schemes like susu, partner, or tanda rely on manual cash handling, informal record‑keeping, and trust in a single organizer, which can lead to confusion, missed contributions, and disputes over payouts.
Solution
SafeCircle provides a digital platform that replicates these community‑based savings circles while adding secure, automated bank integrations and real‑time visibility. Members link their bank accounts, and the app orchestrates ACH transfers according to a predefined schedule, eliminating the need for cash hand‑offs. The interface displays each member’s contributions, upcoming payments, and overall group status, ensuring transparency for all participants. Administrators can set up multiple groups, customize payout structures, and earn commissions through built‑in admin payout models. The service operates under U.S. bank‑level security standards, offering verified onboarding, automated reminders, and an audit trail without ever holding user funds.
Target Audience
Primary users are community organizers and small groups that run traditional savings circles, as well as individuals seeking a trustworthy, digital method to save collectively.
Features
- Direct bank account linking with automated ACH transfers; the platform never custodians user funds
- Real‑time dashboard showing contributions, due dates, and group balance for every member
- Smart scheduling and auto‑reminders to keep contributions on track
- Tiered subscription plans (Starter, Growth, Scale) supporting up to unlimited groups and 50 members per group
- Admin payout options including per‑user commissions or percentage‑based earnings
- Group chat and notification tools integrated into the app for coordination
- Role‑based co‑admin access and customizable templates for different savings goals