Pool

Pool is a financial technology platform that provides shared accounts for groups to manage money collectively, solving the problem of financial chaos in shared expenses. It targets consumers, including roommates, families, teams, and small groups, as well as businesses needing collaborative finance. The service is delivered as a mobile and web app, with banking services provided by a partner bank, and differentiates itself by offering no fees for collecting money and granular spending controls.

Key features

• Create multiple shared accounts
• Invite collaborators and assign roles
• Collect money without fees
• Spend with virtual and physical debit cards
• Set spending limits and card access
• FDIC insurance up to $250,000