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What is Froogal?

Froogal is a small business savings and student loans platform.  **Froogal also provides a group account for the financial independence, retire early (FIRE) community.


On Froogal, your entire small business (from founders to new-hires) can gain access to 10,000+ banks and credit union business savings accounts with just a few clicks.

This means high, if not the highest, savings deposit rates at all times. For everyone.

Think of this as a "lifetime pay-bump" for the entire team.

Small businesses can also use Froogal to help employees pay off their student loans. 

Using employee savings as collateral, employers can provide secured loans to employees at a 0% APR and a required period of employment (typically, 12-24 months).  Everyone wins (except the banks and predatory student loan lenders).

Additionally, Froogal gives your small business and it's members the ability to complete hyper-detailed financial planning on the platform. Whether your planning for the next business retreat, new staff hires, or members want to plan an upcoming wedding or home purchase - Froogal has you covered.

Froogal is not a bank itself.  Froogal acts solely as the administrator & agent for your small business account.  That means your members call all the shots, we just take care of the paperwork and keep everyone's money safe.

Froogal only takes a few minutes to sign up for and you can invite your entire small business team to join (total member limit is 98).

Where does Froogal keep my money?

Your small business, as a group, has full control over where your savings are held at all times. 


Due to how Froogal is set up, all funds must be kept in business savings accounts or business money market deposit accounts at Federal banks & credit unions.

You can change banks/credit unions at any time.  All you need to do is find the new bank/credit union, get group approval on the new selection, and sit back and enjoy as we do all the hard work.  

Froogal acts as your group's administrator so all money added and withdrawn is completely secure at all times.  Froogal is not an adviser and does not have the ability to recommend banks or move your money without complete group approval (unanimous consent).

Why should I join the waitlist?

Joining the waitlist will give you early access to Froogal. 


You will also be able to actively shape our new features added, be featured on our social media and blog, and be a member of our exclusive founding community who will always be the first to gain access to all new updates/offerings.

Does Froogal cost anything?

Froogal costs $9.99 per month.

*Early Access users may have this waived for 6-12 months

This fee is normally paid entirely by the employer or lead user in the FIRE group.

The subscription fee can be paid from your earnings each month.

Can I use Froogal for my family? (not a small business)

The Froogal platform can also be used by families and non-profit organizations.

Froogal was built to help families build lasting generational wealth. 

With Froogal, every member of the family can earn higher savings deposit rates and can benefit from the experience of prior generations when using our DIY financial planning tools.

There is no reason to let banks take your family wealth any longer. Come together, get smarter, build your legacy.

Contact us

Froogal Inc. via the online web platform (“Froogal”) offers a software-based wealth management engine that delivers automated financial planning tools to help users achieve better outcomes.

By using this website, you understand the information being presented is provided for informational purposes only and agree to our Terms of Use and Privacy Policy. ​

Neither Froogal Inc. nor its affiliates are a bank. 

"Featured" banks and deposit rates on Froogal should not be construed as recommendations or investment advice.  Users should conduct their own research before selecting a deposit option and are wholly responsible for their bank selection. Rates displayed are updated weekly based on listing on Rates displayed are subject to change at any time by the underlying banks.  If rates should change, Froogal will notify users once identified. 

IMPORTANT INFORMATION ABOUT PROCEDURES FOR OPENING A NEW ACCOUNT — To help the government fight the funding of terrorism and money laundering activities, federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. What this means for you: When you open an account, we will ask for your name, address, date of birth, and other information that will allow us to identify you. We may also ask to see your driver’s license or other identifying documents.

Customers can only open accounts via online web portal or App.  All funds incoming transfers must be from federally regulated banks & credit unions that are subject to the same BSA/AML compliance laws.

© 2020 Froogal Inc. All rights reserved.