StashBox.ng vs Aella MFB

StashBox App allows users Save, Invest and On-lend. Users save daily, weekly, monthly, or casually by linking debit cards or funding in-app Wallet. Savers earn between 0-13% per annum interest on 7 flexible savings plans while investors earn between 10-18% per annum. Save with tenor, without tenor; in NGN, in USD; short term, long term; with card or wallet; Save individually or invest in groups. Earn N1,000 when you refer a new saver or earn up to 50% p.a when you sign up for Investment referral network. Withdrawal takes only 5 seconds. Invested funds are availed digitally to licensed and regulated Pharmacists in Nigeria as loans up to N2m via the same app. Savers enjoy car lease finance to procure vehicles after saving 50% vehicle cost on the app. Save anyhow, anywhere and anytime with StashBox. StashBox is the Most Innovative Financial Technology company in Africa according to Africa Banking Brands Award 2020. Don’t miss out. Please download StashBox now.

Aella MFB takes the hassle out of Finance - whether you are a business or an individual, we put control back in your hands with simple, straightforward products. Our "true north" is designed to help customers build financial independence by building simple products; loans, investments, bill payments, micro-insurance plans, and peer-to-peer money transfers. Why Aella MFB? We exist to simplify and open up financial access for all in emerging markets - by leveraging technology and widespread mobile adoption, we build products to make an impact at the frontier of Financial Inclusion. Our app has a feature for verifying addresses, which requires the ability to monitor regions and receive location updates in the background. This feature is essential for accurately verifying a user's address and providing access to higher loan limits and tier 3 level transaction limits. We have created a video showcasing this feature, which we have attached for your reference. You can see in the video how the app monitors a user's location and registers a region around their address. Once the user has visited the region a certain number of times, the address is verified. We understand that enabling the "Location" background mode can have an impact on battery life, and we have taken steps to minimize this impact. For example, we only monitor regions that are explicitly registered by the user and don't monitor location updates when the user is outside registered region. We believe that our use of the "Location" background mode is essential for the core functionality of our app and we have demonstrated this in the video.