Depoway is a free mobile app, tailored to your lifestyle, that will allow you to win life-changing prizes just by saving and spending on beloved brands.
Because saving is boring, and we have no incentive to grow our savings pot
We don't save enough, as savings products are boring and not financially attractive any more. The high-street banks pay us close to nothing for our savings. Smaller banks are keen to pay more, but this difference is not attractive either, being in the very low interest rate environment. Covid-19 devastated our savings. It is estimated that in the UK alone, more than 26 million of adults don’t have enough savings to live for a month without income.
Because we are wasting money playing the lottery
It is estimated that in the UK alone, more than 10 million people play the lottery regularly in the hope of a large windfall. It is due to our human nature. We want to win the jackpot, and we are dreaming about how this will change our lives. We are enjoying playing the lottery, as this is caused by the adrenaline rush that comes with playing the game and potentially winning. But we are losing money at the end. More than £4bn was wasted between April 2019 and March 2020 on buying lottery tickets that won nothing. The lottery is the worst bet that anyone can make, with an expected value of a National Lottery Lotto ticket being -70% of its price.
We have developed an app through which our customers are encouraged to build their saving pots to increase their chances of winning a £1 million jackpot every week.
The app is designed in a way to be:
Easy to start and risk free
Beneficial and engaging
Years of combined experience in app development
Years of combined experience in finance and banking
Years of combined experience in marketing
Join our ever-growing waiting list and be among the first to try us.
The Depoway app is a free mobile app through which customers can win cash prizes by saving or spending at places they love.
The Depoway app is offered by Depoway Ltd. Depoway Ltd is a private company limited by shares incorporated in England and Wales with the company number 12820673. The registered office is at Office 300b, 182-184 High Street North, E6 2JA London, UK.
Depoway has been appointed as a distributor of electronic money on behalf of Modulr FS Limited. Modulr FS Limited is authorised by the Financial Conduct Authority as an Electronic Money Institution (FRN: 900573). Depoway is on the Financial Services Register with reference no. 902977. The Depoway app is not a bank savings account and doesn't pay interest. Depoway is registered with the Information Commissioners Office, with registration number: ZB008359.
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