BUDDYJACKET

Buddyjacket is a community-managed financial assistance (safety net) platform for the sharing economy. Offers group mutual fund management, consumer credit services and investment services for tight communities such as church groups, charities, social groups. Mutual fund is funded primarily by discount received from taking out a high insurance excess option by its members. Peer to peer group mutual fund will allow mutual groups to fund unexpected repairs and excesses on insurance claims, distributing risks and providing an opportunity to lower insurance expenses up to 40% and earn interest on the savings by lending to other groups within Buddyjacket members.