Moka is a Canadian Android application that helps users to reach their financial goals. This service offers an easy way to save and invest money, among other functions.
Moka offers an effortless way to invest even if you have zero experience. First of all, the app rounds up your every purchase and puts the change into work. In this way, your everyday expenses slowly and steadily increase the total sum you saved. To speed things up, you can multiply the roundup or set a recurring weekly deposit.
After that, the platform invests this money into a diversified portfolio of exchange traded funds. Moka does everything automatically. Therefore, users do not need to have any proficiency with trading. It is also possible to select only socially responsible companies. Moreover, you can easily donate any of your money to one of the registered charity organizations.
Additionally, the service offers a few extra benefits. For instance, you can get cash back while shopping at partner companies. The list includes Apple Music, Uber Eats, Footlocker and other brands. A special plan called Moka 360 can save a couple of hundred dollars per year by negotiating your bills.
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