New financial app pushes new savings concept for close family and friends
Jul 15, 2026
Asking for money using social media or crowdsourcing websites and apps when a crisis strikes has become a modern-day norm. But a new digital platform is emerging that aims to provide a long-term solution for financial planning and saving money among family and friends.
Crowdsavings, a trademarked
name by Memphis native JT Shaheen, is a new financial technology concept that reimagines crowdfunding by collecting money for life’s big events — before they happen, not afterward. ...read more read less