Moola
A new way of saving
Save and win N1m Weekly
Moola is a financial app that offers prize linked savings account as an alternative to traditional interest based savings. Moola offers people an exceptional and exciting chance of winning a cash prize in return for saving money into Moola account
Unlock Your Financial Potential – Save, Earn, Win
Fixed Savings
Create an exciting Saving plan for 3-12 month and get a chance to win millions, Instead of receiving higher interest, a portion of the interest that would have been earned is pooled together to fund a prize draw. The prize could be in the form of cash, goods, or other incentives, and the draw occurs periodically (e.g., weekly, monthly, quarterly). Account holders are automatically entered into these draws based on their deposits. The more you deposit, the more entries you might get.
Raffle Savings
Raffle save accounts - a creative way to promote savings, blending traditional banking with a bit of fun and excitement. Create a weekly, monthly and quarterly saving plan, And get a chance to win cash prizes.
Moola Features
Guaranteed Principal
Your original deposit is safe and will be returned to you at the end of the term.
Potential for Prizes
There’s a chance to win a prize
Fixed Term
The deposit is held for a specified period, similar to a traditional fixed savings account.
Automated Savings Plan
Moola helps you save money without manual effort, promoting financial discipline.
Frequently asked questions
Everything you need to know about the product and billing.
How are the winners chosen?
Is there a minimum withdrawal term?
How soon am I eligible to win a prize?
Xtrempay is designed to address specific challenges in the digital and financial space, supporting the informal financial sector and driving financial inclusion in addition, we offer Passabi and Moola, which provides range of financial needs.
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