Tribe Money Pools Announces Mobile App for Group Payments

Financial platform Tribe Money Pools says it’s ready to introduce its mobile payments app.

Set to go live on Jan. 9, the app is designed for organizations, teams and social groups, helping them streamline shared expenses, the Kirkland, Wash.-based company said in a Tuesday (Dec. 31) news release.

“From managing club dues to collecting contributions for fundraisers or organizing group travel payments, transferring money has often been a cumbersome and time-consuming process,” the release said.

“Tribe Money Pools solves these challenges with a user-friendly interface and robust features designed specifically for groups, empowering them to focus on what matters most: achieving their goals.”

According to the release, the app lets users create group payment pools for any purpose, such as team activities and family events. It also offers real-time transfers, letting users instantly send and receive money using “bank-level security protocols.”

As PYMNTS wrote…