One pot.
Everyone watching
it grow.

You create the club and set its target, contribution and payout date, then invite your members by link, WhatsApp or QR code. Everyone accepts the club’s rules when they join and pays into one shared pot by EFT, card or from their Moneyclub Pocket. Every contribution shows on the club feed, live, for every member.

The pot is held with a regulated South African bank, in accounts Floatpays administers on your behalf, never in an organiser’s or treasurer’s personal account. Every member is ID-verified with their ID and a selfie, and money only moves the way the club’s rules say. Floatpays (Pty) Ltd is an authorised financial services provider (FSP 52120).

Yes. The pot earns interest while it waits for payout day. Rates move with the market, so we don’t print them here: the current rate shows in the app before you start.

On the payout date the pot is shared out exactly as the club agreed. Each member cashes out their share to their Moneyclub Pocket or their bank. An instant payout arrives in your bank within minutes and carries a fee; a standard EFT takes 1–2 business days. You see any fee before you confirm.

Starting, joining and running a club is free. Only some ways of moving money carry a fee, such as an instant payout to your bank, and every fee is shown before you confirm.

Yes. Every member needs their own Moneyclub profile, and they can use the app on iPhone, Android or Huawei, or Moneyclub on the web — whichever suits them.