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Revolutionizing South African Stokvels

Join the digital revolution of traditional stokvels. Secure, transparent, and efficient group savings made easy.

Why Choose Digital Stokvel?

Secure & Guaranteed

Contributions are protected from misuse by other members. We manage contributions, handle payouts and provide a full money back guarantee for all stokvels. If a member defaults on payment, we will step in to make their payment while resolving the issue with them.

Easy to Use

Creating or joining a stokvel has never been easier. With just a few clicks, you can create a stokvel and manage it, whether it's public or private. You can invite family, friends, and colleagues to join by sharing a link. If you want to open your stokvel to the public, anyone with a verified user account can join.

Track Everything

Whether you're a stokvel creator or a member, you can view all stokvel members, monitor everyone's contributions, check your wallet balance, see your upcoming payouts and communicate with other members. You can also request an 'Emergency' withdrawal from your stokvel in case of a personal emergency, and other members can review and accept your withdrawal.

Verified & Free to Use

All Digital Stokvel users are vetted and verified during sign-up to confirm their identity, address and relevant information. Using Digital Stokvel is free for everyone. You won't be charged to start a Stokvel, for payouts or for contributions. Creators of Stokvels cannot access or withdraw funds; they will be paid out like everyone when it's their turn.

Types of Stokvels

Traditional

Equal weekly or monthly contributions with rotating payouts where one member receives the full amount each period

Goal-Driven

Save towards specific goals or purchases where each member receives their desired item in rotation

Grocery

Save monthly for year-end grocery benefits where all members receive their share of groceries or vouchers

Profit-Driven

Pool funds to invest in businesses or ventures where all members share in the profits generated

How It Works

1

Create or Join

Start your own stokvel or join an existing one

2

Make Contributions

Regular contributions through secure payments

3

Track Progress

Monitor your contributions and upcoming payouts

4

Receive Payouts

Get your payout within 24 hours when it's your turn