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?

Still have questions?

Can’t find the answer you’re looking for? Please chat to our friendly team.

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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