Kaldi is an application for Android designed to simplify saving and investing. Users can control their everyday spending, set long-term goals, and get cashback rewards.
Cashback
A primary function of the utility is to link shopping rewards with investment opportunities. It allows users to earn and accumulate cashback on purchases made at over 100 participating high street brands, in-store or online. These funds, along with optional round-ups, can then be automatically invested.
You can earn cashback on purchases at a wide range of British retailers such as Clarks, Mango, Cote, Boohoo, River Island, Pizza Hut UK, Virgin, and much more. It is possible to round up payments to the nearest pound to save small amounts with every transaction. There is an opportunity to set savings goals and target dates to receive personalized budget tips.
Investments
An app automatically invests your cashback, round-ups, and personal savings. It provides access to a curated selection of low-cost funds, including Shariah-compliant and ESG options. There are educational Resources and useful information to guide users through the investment process.
Peer-to-peer payments are provided. You can send money to friends and family, up to £100 per day. There is a referral program as well. It is possible to earn extra cashback by inviting friends to the app.
Features
- allows users to earn and accumulate cashback;
- it is possible to round up purchases to the nearest pound;
- automatically invests your cashback, round-ups, and personal savings;
- the app is free to download and use;
- compatible with current Android versions.
