•In August 2021, the platform welcomed its first users as part of the alpha stage.
•This initial stage lasted three months and was followed by the beta stage that took place between October 2021 and October 2022.
A smart digital wallet company dubbed Tulix has been launched in Kenya.
The platform which facilitates users to split, spend and share finances better, has announced the start of its pilot phase for Kenyan customers starting November.
In August 2021, the platform welcomed its first users as part of the alpha stage.
This initial stage lasted three months and was followed by the beta stage that took place between October 2021 and October 2022.
In a statement on Monday, the company said rigorous testing and feedback from the initial group of users made the platform now ready for a wider customer base.
“It’s been an exciting time of transformation for Tulix,” says Brian Muiru, Chief Executive Officer & Co-Founder adding that the app is available on all digital platforms.
“Our customers have given us more clarity as a payment platform, which has seen us accelerate our plans to launch it to the public. We are very grateful and appreciate all our partners, customers and mentors.”
As part of the recent updates, the Jars’ feature went live.
Tulix users can now create additional wallets called jars, and share them with their friends, family or beneficiaries.
Jars make it possible to pool and share money for personal or shared expenses.
Users currently on the app are using this feature for monthly budgeting, contributing money for trips, or joint purchases.
Other users are simply sharing their money with someone else for something they need.
Tulix offers three different types of Jars to help users manage their money wisely.
Currently, users can create Open Jars to split their money for various needs and make payments to merchants using funds in the Jar.
Merchant Jars, to be launched later, will be great for recurring expenses that users can tie to specific service providers and Goal Jars will allow users to set aside funds for long-term goals until they are ready to use them.
“We are proud to have created an empowering and smart app that helps people to build healthier relationships with their money. We are driven by the desire to provide solutions to our users everywhere, thereby ensuring their continued progress towards financial prosperity,’’ concludes Alistair Gould, Chief Operating Officer & Co-Founder.
Tulix further said their customers’ needs will amplify the positive effects of their growing user case.
They called upon investors and corporates to engage more deeply with start-ups of all stages in Africa even as their community seeks growth across digital platforms.