Where are all the customer’s yachts?

Just a quick update on what’s happening at Rosca! The workload is tremendous. The ‘to-do’ list gets longer every day. Oh the bugs, the bugs! It’s a good thing we’re committed to helping people turn their financial boat into smooth sailing machines!


  • Helping more users build credit.
  • We’re working with GSVLabs and Google Launchpad!
  • System updates.
  • User Spotlight

We heard your feedback. How can our system help you build credit if you can’t get on? We’ve addressed that by introducing the new Pioneer program. If you weren’t able to get on the system before, you’re now approved with a limit of $130/$130, which allows you to get involved in our platform and learn how it can help you build credit. I’m looking forward to more of you on the system, because Alfonso and I are dominating the leaderboard! Remember, we’re still giving $10 to the first 100 users to successfully complete a Rosca, so it’s a great time to come and get involved.
 I also wanted to point out that Rosca is guaranteeing the Copper $130 Roscas that are created. That means there’s absolutely no risk to you if you join these Roscas. Come and save with us!

Rosca was recently accepted into an accelerator program with GSVLabs and Google Launchpad. This means we’ve been hard at work trying to tap the resources at Google and GSVLabs to help make the platform more friendly and helpful. We have several things in the works, and we’re excited to roll them out. Look forward to the fruits of this labor in the coming weeks!

Our new UI is coming online page by page. Please excuse the mess while we clean up the bugs! It looks better than ever, but we know there are some challenges. We are stomping bugs on a daily basis, so it just gets better from here.
 Some things we’re working on:

  • A new chat interface in the app that will allow you to ask us direct questions if you have a problem with the interface.
  • A new way of showing that your GET has arrived. It’s always exciting to me, so I want to make sure everyone knows when it happens!
  • A new Goal Assistant that will help you join the Rosca that fits your needs specifically. We received a lot of advice from Google on how best to help you get into the Rosca that helps you the most. We’re working to roll that out!

I have to give a nod to our power user Paden. He’s really figured out how to utilize the system to the fullest. By joining Roscas at different positions, he’s leveraging our system to make a large number of positive impact transactions. He’s even making a respectable push for the top spot on the leaderboard. Thanks Paden! We’re happy to save with you.

It’s an exciting time for us at Rosca. We’re really passionate about helping people build their credit on our platform. Someone pointed out this New York Times article on how Roscas can help you build your credit. If you’re interested, check it out here: https://mobile.nytimes.com/2014/10/11/your-money/raising-a-credit-score-from-zero-to-789-in-26-months.html
 If you have any suggestions, please let me know. My goal is to make this thing as easy and fun as possible. 

Joseph Jones is the CTO of Rosca. — Community Savings — Build credit while saving money.