eQUB

EQUB FINANCIAL TECHNOLOGIES PLC

About this app

Equb is an alternative means to achieve saving and improve access to credit by rotation of savings.
Individuals agree to pool their savings for a defined period of time to jointly save by creating an eQub. Members, who participate in an eQub, are called eQubers; randomly chosen winner’s claim the collected money. An administrator, who collects money from all members, is called Head eQuber/Seb- sabi. Each eQuber will have the chance to win a round. An Equb cannot be dissolved or obsolete before all members or eQubers win their entitled round. Established by trust & sustained by commitment, eQub is a social solution to finance.
eQub app is the first app that helps you dip into your future savings. It allows you to conveniently setup & manage your personal & eQub groups in a few taps. Moreover, it allows you to interact with your fellow eQubers.
Stay on top of your savings. See how your money revolves.

Ratings and reviews

Hi, I really love the idea behind equb.app. It’s something I’ve always wanted to have, but It hasn’t been available till now. However, I have serious concerns about using equb.app because security seems to be poor. For a platform that relies on trust and security it’s a real shame that IDs aren’t checked (I wanted to test it's safety first so I used a picture of a dog for my government ID) – this makes it really easy to create multiple accounts and cheat the system and steal money.

The idea is great but the signup page asks a lot which would be linked to user's phone number. A better formulated privacy policy and a demo scenario to see how the app functions without giving all personal information would be nice.

The application needs to be updated in my opinion. Because it requires to correct a user name after the ID is uploaded. Its better to correct a user name before heading to the next page. Overall, its a great start!

What's new

- Bug fixes