Hello Everyone!
Hope you are doing great! When we started Fello, we came up with this vision of making finance fun and rewarding. It was a very novel idea that was absolutely new in India and everyone questioned it. But the warm reception which all the Fello users have given is absolutely overwhelming for us. This made our team and us as Founders always give the best saving experience and the most fun experience of saving. One of the core principles of Fello is to empathize with our consumers and build what they want. And we made sure to keep baking all the things our consumers asked for.
And today we are coming up with our biggest update with the features our consumers asked for. Here are the most trending questions and how we have answered them in our next release:
1) 10% returns are great! But there are few apps that give us returns up to 12%. Can you come up with more assets??
We have heard you and we are happy to announce that we are launching our new P2P asset which gives 12% returns. This asset class has a lock-in of 6 months with a minimum investment of Rs.25000. This asset is being offered under the partnership of Lendbox which is an RBI-regulated P2P lending company. We also introduced 8% asset which is highly liquid in nature with 7 days lockin, 10% asset with 3-month lock-in and we have our OG digital gold product which can always give 11% returns to our users! So users can start saving and start earning big on Fello.
2) 1 Crore looks too good to be true! Can you make rewards a bit more exciting?
The more the users save, the more chances they have to win the Rs.1 Crore. But we have heard you and in order to make rewards even more exciting, we have come up with more rewards starting as low as Rs.1 to as big as Rs.1 Cr. And guess what, the user who gets two rows will be rewarded with a brand new Thar Car! So save more to win more!
3) The journey is super exciting! But can you come up with more levels?
The journey is one of our biggest trending features and we are super happy to see the warm reception of it. And in the new version, we have revamped the journey and will be adding more and more levels and worlds with better rewards to make your investing experience exciting!
4) The current app looks more like a gaming app. Can you make it a bit finance heavy?
The aim of Fello was to make savings fun and reward with gamification. But since our long-term aim is to be an end-to-end banking application, we have taken your advice and enhanced the user experience to make your savings journey even better!
So these are some of the biggest updates, that we are rolling out in the new version of the application to improve your investing experience. So keep saving and keep winning on Fello!
Cheers!
