Give a bit, to get a Bit
Bits is a community of people who pool their money to enable fee-free borrowing for everyone
⚡️ Once you join the community, you can borrow fee free
⚡️ Everyone who uses Bits has to give a bit, to get a Bit
🎉 Choose what you pay. It could even be £0.
👏 This could change the world - if everyone does their bit, then no one will ever need to borrow from a bank ever again
👌 How does this work?
You download the app. You give a bit - a deposit, or friends vouching for you. And you get a Bit (cash). You do have to pay back, but there’s no interest or fees of any kind.
👍 How do I apply?
No application needed. Anyone with a UK bank account and age 18 or over can download and use Bits.
👏 How do you make money?
We rely solely on community donations. You can give whatever you want - including £0.
🤟 When is this launching?
Very soon! Soon as in September 2019. Sign up on our email list to be the first to find out.
Security and Privacy
⚡️ Security: we use 256 bit data encryption to keep your data secure at all times.
⚡️ Privacy: we are registered with the Information Commissioner’s Office and don’t sell your data.
⚡️ Regulation: we are licensed as an E-money Agent, with FCA registration number 902176.