The Tribe app serves various users, including small businesses, nonprofit organizations, sports teams, and family groups. Credit: fizkes/ Shutterstock.

Tribe Money Pools has unveiled plans to launch a mobile payment app to simplify the management of group finances.  

Scheduled to go live on 9th of this month, the app will serve organisations, teams, and social groups. 

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Its features include quick group setup for payment pools, real-time transfers with bank-level security, transparent transactions, and customisable tools such as recurring payments, goal tracking, and personalised notifications.  

These features are designed to meet the unique financial needs of groups. 

The Tribe app serve various users, including small businesses, nonprofit organisations, sports teams, and family groups.  

It will be available for download on both iOS and Android devices. 

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Tribe Money Pools is a fintech platform that offers a secure way for organisations and communities to manage shared finances. 

It also offers peer-to-peer (P2P) transfers. 

When users create an account on Tribe Money, they establish a “tribe” – a shared account where group funds are pooled together.  

After setting up a tribe, users can invite members to join and contribute to the collective money pool, where the shared funds will remain active and accessible.