TechInAfrica – SA-based financial services company, Liberty, has launched Stash, a new tax-free investment app that enables customers to save and invest. The new app allows users to save small amounts daily that adds up over time. Furthermore, users can also connect the Stash app to fitness applications and earn 5 cents every time they workout.
The Chief Specialist: Ecosystem Products at Liberty, Glenn Grimley stated, “Our aim was to launch an investment App with just enough features to satisfy early customers in order to gather their feedback. This feedback drives new development, functionality and usability of Stash and Liberty is able to co-create a better proposition with our customers.”
“In addition to adhering to South African legislative privacy rules and Google’s new privacy policies, we also paid close attention to feedback from Stash customers. People wanted to see how much they were investing and how their investment performed over time. Our customers also wanted new ways to determine when to invest while having full control over how much they stashed each month. We’ve listened to our customers’ feedback, building new functionality off the back of it and reskinned the App to provide a user-friendly and effective User Interface (UI),” Grimley explained.
In order to access the money they have collected, users can cash it out on the same linked bank card that has made contributions.
Grimley furthermore explained, “Stash allows customers to have full control over how much they invest every day. Each feature can be paused, stopped and re-started directly in the App at any time. No changes to debit orders, frustrating calls to your bank or forms to fill out.”
According to Grimley, Stash is easy to download. It can be found both on the App Store and on Google Play Store. The signing up process won’t take long, taking only about 90 seconds to finish. Most importantly, it’s free and no tax.
“Stash makes investing as easy as possible for you,” Grimley concluded.