For some things, it is better to save money with close friends. People you want to grow and share life experiences with. With the Rondafel app you can organize a supportive group that makes it easy to reach such goals.
Plan a friends reunion
Over a 6 month periodEach person saves $25 weeklyGrow to $600, then go reunite!
Save to borrow for an emergency
Save $30 weekly with your groupThen if you need a quick loanBorrow from the group!
Organize a joint investment
Save $200 monthly with 4 othersThe group has $1000 monthly!Invest in stocks together
Manage a club's funds
Allow gradual paymentsTrack membership and expensesLend to needy members
How It Works
1. Start a collection with a purpose and a target amount for each person
This is a new RONDAFEL financial entity, unique to your group, fully secure and FDIC insured.
3. Each group member decides when and how to contribute
Link your checking account securely. Contributions can be flexible and automated. Withdraw anytime at no charge.
4. Bank on your group! Borrow, lend, track payments and stay engaged .
Everyone gets notifications of group activity like contributions, new joiners, withdrawals, loan requests and much more.
Automated and flexible contributions.
Choose how you want to contribute. E.g. Every Monday, if my account is over $200, contribute $10.
Who just joined? Who just left? See if any withdrawals or contributions just happened. Transparency is important to us
Easy Voting widget lets anyone make requests and quick vote on group decisions.
Share Media & Chat
Stay in touch, share photos and docs, and have fun saving money.
We are serious about Security
Funds in your RONDAFEL account are securely deposited with our FDIC Insured partner banks. Rondafel is secured with with the latest and strongest SSL (Security Sockets Layer) and TLS (Transport Layer Security) encryption standards. Your personal and banking information is never stored on Rondafel Servers.