Hyve’s money app is targeting Gen Z and young millennials with a way to pay down debt, save and invest with the help of friends and family. The social finance app is now open to the public after a year testing the product with hundreds of beta users.
Hyve is building a multiplayer fintech infrastructure for saving and investing where users can create their network of supporters, and those people can automatically round up their purchases to match the user’s personal cash contributions. The more people added to the “hyve,” the more money the user saves to reach their goals.