Introducing Tanda by Yahoo Finance, the new app that helps you save for the things you want with the help of a trusted community. Tanda members join a savings circle of five (or nine) people. Each circle member contributes a set amount of money into the shared pool with one member then taking the full amount. This repeats over time until everyone in the circle receives a payout. And Tanda gives you peace of mind. If someone in your circle stops contributing, we’ll step in and cover their contributions. Whether you need help saving for the future or just need money fast, it’s easier with Tanda. According to the National Bureau of Economic Research,1 saving in groups can be more effective than saving on your own. And the more you successfully use Tanda, the more you’ll practice good savings habits and build your trust score, unlocking access to higher payout circles.
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