StepLadder and Flash partner to launch first-of-a-kind digital group savings across South Africa
StepLadder Solutions and Flash, South Africa’s leading informal trader platform and digital retail network, are proud to officially launch ‘Group Savings by 1Voucher’, an accessible new product designed to bring traditional community savings groups into the digital age, particularly for cash customers.
GroupSave by 1Voucher builds on the deep cultural roots of stokvels, while offering the speed, safety, and transparency of a digital platform. The initiative leverages StepLadder’s Circles technology to facilitate community savings groups online, with Flash providing the local reach, trust, and infrastructure through its 1Voucher cash app.
Owen Meredith, who has led the project implementation for Flash side, said: “This isn’t just a tech partnership. It’s a new way for South Africans to participate in community finance on their terms. We wanted to work with the experts for this launch. We’re proud to work with StepLadder to help predominantly cash-based consumers access our Group Savings solutions with safety, simplicity and scalability.”