Offer Saving Circles to your Customers
Change Lives with Collaborative Finance
Thinking through your 2025 goals?
If you're currently in planning mode for your 2025 targets, then we have a free tool that might help you think through how to achieve those big goals - like reducing churn, winning new customers from your competitors and increasing customer balances.
Click on the button, fill in your details and let us send you a free personalised Innovation Report to help you with your 2025 priorities.
Our Products
Circles 360
For individuals and SMEs who want an easier way to run Circles in their communities
Circles Pro
For fintechs and digital businesses
who want to quickly scale Circles
for profit and growth
Circles Enterprise
For finance enterprises who want unlimited flexibility and customisation with Circles
Circles powered by StepLadder
A new savings product which you can white-label to generate revenue, increase your market share and engage and retain your customers
Commercial Benefits
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Digital savings circles offer your business a capital-light model to generate additional fee and referral income without balance sheet risk.
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Community is the antidote to churn in personal finance. Our savings circles are naturally social and the power of the community can help increase customer engagement and decrease churn.
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Many of your potential customers are using an offline version of these savings circles. Capture a larger market share by offering these easy-to-use, innovative digital Savings Circles.
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Offer your customers these innovative digital Savings Circles to save money to reach their WOW moments - whether that’s buying their first home, paying for a wedding, starting a family or funding education. They’ll never forget you.
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Offer a social savings product to enhance financial wellbeing and help your customers reach their financial goals. When you help somebody reach an important goal they are 3x as likely to be loyal and a positive promoter of your company
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A healthy and sustainable alternative to Buy Now Pay Later schemes. With Savings Circles your customers can Buy Now Pay Responsibly.
Savings Circles have been used around the world for generations. But until now they have been offline, informal and local. This model of saving in groups goes by over 100 different names depending on where you are in the world.
Offering digital Savings Circles is a great way to attract new customers who are already familiar with the product but want something digital, safe and scalable.
Your customers are already using savings circles…
How does a Savings Circle work?
Step 1 - Match
People get matched to a group of people with a similar financial goal and everyone contributes the same amount each month. For example £100 a month for 10 months to raise £1000.
Step 2 - Draw
Each month there is a random draw and one person is awarded the total, in this example £1000.
Step 3 - Repeat
This process repeats every month until everybody has received their £1000.
Digital Savings Circles are the next big thing in finance...let us show you why
We've put together this simple business case to show you the commercial impact and speed of revenue generation.
What’s new for StepLadder?
Why work with us?
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Capitalise on Megatrends
Social connection, gamification. debt avoidance and financial wellbeing are intrinsic features of the Savings Circle
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Adaptable for your Market
Meet the demands of your customers and offer a variety of use cases including cars, white goods, decorating a home, technology or even healthcare
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Digital Saving Circle Experts
World-leading expertise at translating the Savings Circle to a scalable digital product
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Plug + Play API Delivery
Easily integrate into your technology infrastructure. IP & systems fully in-house and purpose-built ready for launch in 10 weeks
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Structured for Scale
Capital-light model which scales rapidly and generates fee income without balance sheet risk
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Designed for Customers.
Active digital-first communities which motivate and support customers to achieve their financial goals
Benefits to your Customers
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1. SPEED
By working together 90% of people reach their savings goals faster than saving alone
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2. COMMUNITY
Stay disciplined and get motivated with a like-minded community.
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3. SUPPORT
Feel supported on the savings journey. Research shows you are 300% more likely to reach your savings goals together
