Sole, a leading financial technology (fintech) company in Fiji, has registered close to 12,000 accounts, for investment and saving plans.

And the company is working around-the-clock to ready the app on Google Play Store and App Store, which rolls out in two weeks.

It can only be accessed on the browser right now, said Sole founder, Semi Tukana.

Sole is in its 10-month of operation.

He believes the company would surpass the number next month, and plans are in the pipeline to add additional investment features.

“The future is digital,” he told SunBiz.

“It is good for the economy; we must encourage it.”

A first for Fiji and the South Pacific, the app will allow a sustainable wealth creation for the whole Pacific region and beyond.

Users can deposit and transfer money from any bank through Sole.

Registration is free for individual users.

The company charges 25 cents for every transaction.

“You can have several bucket lists,” Mr Tukana said.

The company is in its final stage of developing a group wealth features, where it is tailor-made for people who wants to save money as a group.

“The feature allows family groups church groups, schools, old scholar and others to have a joint or group account,” Mr Tukana said.

“We have developed resolutions for these groups to avoid unnecessary withdraws.

“There is a template, and people just have to sign it.”

Mr Tukana said there would be a fee for registering as a group, but it would be made known when they launched the app.

He said the purpose of Sole was to allow people to save money on a cheap platform.

“You must not allow one or two payment services to be dominating,” he said.

“When new tigers come into the market, it creates more opportunities.”

“Get an account.

“Learn financial literacy.”

He said the programme could help anyone save money.

Feedback: josefa.babitu@fijisun.com.fj