Liberty’s Stash app has R110m invested so far

  • 📰 BDliveSA
  • ⏱ Reading Time:
  • 18 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 11%
  • Publisher: 63%

South Africa Headlines News

‘SA’s savings culture is just abysmal’, says Glenn Grimley, and Liberty is on a mission to get more people into the habit of saving

While fintech companies continue to innovate mainly around mobile payments and digital wallets, Liberty has doubled down on using technology to grow savings and investments among local consumers, ultimately looking to grow its business through Stash.

Stash allows its users to invest by saving small amounts of money daily, weekly or monthly into a tax-free savings account. The idea of shared value is derived from US- and Europe-based coffee makers that have invested in African farms and local agriculture to ensure a steady supply of high-quality beans while giving farmers economic opportunity.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in ZA

South Africa Latest News, South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Motorist caught with R1.75m en route to Botswana is jailed, cash forfeitedA motorist caught with a stash of cash in his boot while driving from Gauteng to Botswana has been jailed for five years for fraud
Source: TimesLIVE - 🏆 28. / 59 Read more »

Global economies need to invest as much as $55-trillion to meet emissions targetA recent report, by a group of energy-intensive companies, cite China and India as challenges to reaching net-zero emissions by 2050
Source: BDliveSA - 🏆 12. / 63 Read more »

WATCH: Why should pension funds invest in infrastructure?Michael Avery talks to a panel about building public infrastructure
Source: BDliveSA - 🏆 12. / 63 Read more »

Creditors adopt business rescue plan as Comair moves one step closer to recoveryThe preferred investment consortium, comprising a number of former Comair board members and executives, will invest fresh equity of R500m in return for a 99% shareholding
Source: BDliveSA - 🏆 12. / 63 Read more »

MAVERICK LIFE: BEAUTY: Grooming apps for everyoneHome grooming has become more prevalent since the beginning of the year; here are a few apps to guide you through the process.
Source: dailymaverick - 🏆 3. / 84 Read more »

Facebook, Ray-Ban team up in push to make smart glasses coolFacebook Inc. is teaming up with the maker of ray_ban to develop smart glasses that would let wearers use apps to connect to their friends and family. TechIol
Source: IOL - 🏆 46. / 51 Read more »