Chocolate Finance is an Android application designed to help Singapore residents grow their spare cash. The utility offers various investing options and focuses on delivering consistent returns. It is developed by a company licensed by the Monetary Authority of Singapore.
Registration
Please note that the app uses Singpass MyInfo for a quick and secure sign-up process. Therefore, Singapore residents and non-residents with Singpass can use this service.
Rates and fees
This platform offers tiered interest rates on your savings. You can monitor your returns within the app on a daily basis. There is a clear and consistent view of your income growth.
Unlike many investment options, Chocolate Finance does not impose any lock-in periods. Users can cash out their money whenever they need it without penalties. Funds can be easily withdrawn via FAST bank transfer.
Chocolate Finance operates on a unique fee structure. The company only charges commissions after users have achieved the target returns. An accessible entry point for individuals looking to grow their savings is provided. Being regulated by the Monetary Authority of Singapore provides users with a level of confidence in the company’s operations and security measures.
Features
- is intended for Singapore residents and non-residents with Singpass;
- offers various investing options;
- it is possible to monitor your returns on a daily basis;
- users can withdraw their money whenever they need it;
- the app is free to download and use;
- compatible with current Android versions.