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How to Find a Group to Pool Money With on Chippit?
How to Find a Group to Pool Money With on Chippit?
Written by Josh
Updated over a week ago

In this article, we're going to guide you through the process of finding a group to pool money with, using our app. Chippit offers a unique opportunity to engage in peer-to-peer finance, allowing you to either join an existing group of verified users or start your own group by requesting a custom plan. Here’s how you can get started:

Joining an Existing Group

Verified Groups: Once you select the plan that meets your purchasing objective, Chippit can link you up with groups comprising verified users. These users have been vetted to confirm their identity and capacity to pay and participate in the selected group.

Starting Your Own Group

Custom Plan Request:

Navigate to the ‘Request a custom plan' option in the Chippit app.

Describe Your Group’s Purpose: Outline what you’re saving for or investing in. This will help attract like-minded individuals.

Set the Rules: Decide on contribution amounts, frequency, and any other guidelines for your group.

Submit Your Request: Once you complete the form, submit your request for a custom plan. Our team at Chippit will review it and assist in setting up your group.

Invite Friends: You can invite friends and family directly through the app.

Open to Verified Users: Optionally, you can open your group to other verified Chippit users who share similar interests.

The Power of Peer-to-Peer Finance

Pooling money with a group on Chippit allows you to:

Achieve Financial Goals Faster: By pooling resources, you can reach savings or investment targets more quickly.

Learn from Peers: Share insights, tips, and advice with group members.

Enjoy Community Support: Stay motivated and accountable with the support of your group.

Need Help?

If you have any questions or need assistance in finding or starting a group, our Chippit support team is here to help. Just reach out to us through the app or our website, and we'll guide you through the process.

The information contained on this web site is general in nature and does not take into account your personal situation. You should consider whether the information is appropriate to your needs, and where appropriate, seek professional advice from a financial adviser.

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