Moneypool

Moneypool is a community-based financial platform that allows users to create groups for collecting money from others. Founded in 2013 by Ignacio Alvarez, Gerardo Acuña, and Sebastian Cueva, the platform simplifies the process of sending and receiving payments without the need for bank details. Users can contribute through credit or debit cards and cash, while Moneypool charges a standard commission for processing credit card transactions. The platform also aids in dividing expenses, receiving payments, and sending reminders, making it easier for users to manage financial interactions in a straightforward manner.