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Shoal

Shoal

Savings powered by Algbra

1 ratings
10 reviews
💰 Finance
Free

Details

Released
October 31, 2024
Updated
October 28, 2026

Developer

Algbra FS UK Limited
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About

Grow your savings while supporting sustainable global projects. Track your positive environmental impact and contribute to UN Sustainable Development Goals. Your savings are protected and help fund green initiatives.

✓Earn returns on savings
✓Support green and social projects
✓Track CO2e avoidance
✓Track clean water generation
✓Contribute to UN SDGs
✓FSCS protected savings
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What's New in Shoal

1.56.0

October 28, 2026

We're continually working on improvements to ensure your Shoal journey is always smooth sailing. This update includes general fixes and enhancements below deck to keep make sure everything's running shipshape. Update now to enjoy the latest version of the Shoal app

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User reviews

Most RecentHighest RatedLowest Rated

Easy and good value ethical savings

So far I’ve been really impressed with Shoal. The interest rates are pretty good, the app is easy to use and it’s nice to know that my savings are doing some good. Would recommend 👍
Zzippyecowarrior

Good way of saving

I like their approach and the app is user friendly. The reason I did not give 5* is there’s no reminder in the system that you have an upcoming/expired maturity.
AA77D77

Amazing Rates

Great app with amazing rates! Thanks Standard Chartered
AAppMaster453

Amazing app

Love the sustainable savings!
Jjenny1960ldn

Finally an account where I know what happens to my money

A really simple to use app with a great savings rate. Also this is the first app where you actually can see what your bank does with your money! How cool is that! Highly recommend you use this app as part of your overall savings mix
EEddieSalix
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Developer apps

Algbra
Algbra

Finance, Made for Humans

💰 Finance

(19)

Free
See developer apps

FAQ

What is Shoal?

Shoal is a finance app that allows users to earn returns on their savings while supporting a global portfolio of sustainable projects. It aims to empower users to achieve financial goals and promote environmental and social responsibility.

How does Shoal help the environment?

Your savings in Shoal help support a global portfolio of green and social projects. The app provides metrics on CO2e avoidance and clean water generation attributed to your savings.

Is my money safe with Shoal?

Yes, all Savings Pots up to £85,000 are protected by the Financial Services Compensation Scheme (FSCS). The app's FAQs provide more information on how funds are kept safe.

What are the returns on savings with Shoal?

Rates shown are indicative and annualized (AER). The latest rates are available within the Shoal App, and returns are repaid at the end of the savings term.

What devices does Shoal support?

Shoal is available on iPhone and iPod devices, as indicated by its supported devices list.

How often is Shoal updated?

The latest version of Shoal is 1.56.0, and it was last updated on October 28, 2026, indicating regular updates to the application.

What is the age rating for Shoal?

Shoal has an age rating of 4+, making it suitable for a wide range of users.

Does Shoal have ads?

No, Shoal does not contain advertisements, providing an ad-free experience for its users.