Role is based in San Francisco, CA
Today we’re excited to launch Pool, a new financial account* designed to make sharing, managing, and spending money together easier. Pool allows for co-ownership of funds, fine-grained spending controls and collaborative features that have not been available in most consumer accounts to date.
With a Pool, you can assign roles and permissions, and spend directly from your shared balance using a Pool Visa® Debit Card. We’re partnering with First Internet Bank and Visa®, two leaders in digital payments, to bring Pool to the world.
Here’s what you can do with a Pool:
Most money sharing tools lack shared spending functionality, require meticulous receipt tracking, or insist on full access for all members. This creates a lot of friction and administrative pain. Pool has been designed from the ground-up as a new type of account that enables collaboration around finances without sacrificing control or security. Shared money is not just shared money – it’s shared dreams, shared ownership, shared goals and a shared life.
Collecting money and spending it together is not only painful, but rife with technical hurdles and inconsistencies. Managing money for others involves lots of administrative and emotional labor. Yet, more and more, this is how we live, work, and support one another.
Imagine managing money for a six-person house with a spreadsheet and your personal checking account. Or becoming a classroom parent and needing to visit a bank branch to add a teacher to your class account. Joint accounts, personal accounts, and peer-to-peer accounts aren’t built to handle these multi-user situations. And the robust features available in business accounts may require the overhead of an EIN and a business entity.
Please email hello@poolmoney.com with the following in the body of the email: