Money@Need is a FREE, mobile, financial solution, which helps you to save money with your trusted friends. Just create a money-circle, define your target amount and share it with your friends. During the money-circle you and your friends will regularly pay the agreed amount to one circle member till each member of the money-circle has received the target amount once.

Yes, downloading and using the App are completely for free.

Because Money@Need helps you to finance your dreams much faster than other saving methods. When you create a money-circle in the app, you can receive the needed target amount within few days only and the complete service is for free.

Money@Need is an App to save money with trusted friends. People can only join a money-circle, if the creator of the circle accepted their participation request. If one of your trusted friends doesn’t pay any longer his/her rates to the other members of the circle, Money@Need is not responsible for that and cannot support. This has to be clarified between the members of the money-circle.

The app offers two methods of payment: cash and other. This means that the regular rates are paid independently between the users. The Money cannot be transferred via the app.

The creator of a circle has the option to choose one of the two following payment orders: random or custom. Random payment means that the app randomly defines, who should get the target amount and in what order. In the case of custom payment order, each user defines when he/she wants to receive the money.

If the circle is already running, then no. If the circle is still pending, which means it is not started yet, then for sure yes. The money circle is based on trust between participants. So, if a member has to leave the money-circle, you can look for possible solutions, such as getting back the old payments, asking that member to pay the due rates at a later date, etc.

No, because the members joined based on the information entered at the beginning and they don’t have the possibility to leave a running money-circle.

No, you can only join money-circles, when you get invited by your friends.

No, only members of your money-circles are able to see your first & last name and your profile picture. We are working to offer you the possibility to build your own community within the app.