Description
Moja is a financial platform designed to simplify group savings across borders, enabling users to save better with people they trust. It utilizes the USDC stablecoin for users to create individual wallets, set up savings groups with family and friends, and manage, track, and approve group transactions. The service aims to make savings and transfers simple, affordable, fast, and reliable, with security features like majority approval for withdrawals and unanimous approval for new members. Drawing inspiration from African mutual aid practices, Moja's vision is to use financial technology to deepen societal bonds, strengthen families, and empower individuals. The platform, which is backed by Techstars, is currently focused on building an early community for its savings product.