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Schalk Burger

Xhuma

AN EDUCATIONAL DIGITAL BANKING APPLICATION THAT PROMOTES FINANCIAL LITERACY AND PROVIDES EVERYDAY BANKING SOLUTIONS. This easy-to-use online banking solution encourages responsible spending whilst providing educational content to promote financial literacy for its users. This innovation offers a series of industry-first innovations, such as splitting bills with friends, stokvel management, personalised savings vaults, automated categorisation of expenses and integrated budgeting. This enables users to fine-tune their financial skills and manage their money better. The aim of this innovation is to democratise access to financial literacy for all South Africans and help users improve their overall financial well-being.