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This Is How Lakt Offers Financial Management Services To Young People

by Vanessa Waithera
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This is how Lakt offers financial management to SME’s.

Lakt believes that “finance is fun!” It offers finance management and education designed for the “Snapchat” generation to ease the banking experience. This app helps young people to manage their finances better. They do this through cultivating financial discipline and by learning how money works. It also shows them how to budget, save and spend their cash wisely.

It helps young people learn how to save.

If you’ve ever tried saving money with a group of people you’ll understand that it can b quite challenging to save money with a group of people. You wonder where you’ll save your money and you even question if it will be possible to save money together. Lakt has tried fixing that with a new solutions by offering a branch-less bank while also teaching financial discipline for the young through savings programs designed to enable users to save towards a specific target. Users can also save and spend on shared expenses such as vacation and investments with siblings and friends. Lakt also offers a safe and convenient payment channel as an alternative to using cash.

Lakt as a FinTech.

Lakt as a fintech offers technology that enables credit, payments, disbursements, savings and insurance in the emerging markets. They also partner with SME’s especially in the BitCoin industry which is smart considering there’s currently a BitCoin revolution that is taking place and is unstoppable.

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