Empowering People to Own Their Financial Freedom
Join the ethecal movement today
At the heart of what we do is the belief that technology has the potential to transform lives. Using technology we are helping to solve the social challenges faced by the impoverished and those low on incomes. We are starting by eradicating the downward spiral of debt.
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ethecalTM is a money management solution for simple budgeting, access to money saving offers, switching deals and affordable loans even for those on low income

What is ethecalTM

The ethecalTM platform, built on blockchain and run on smart-contracts, provides safe, fair, and manageable access to credit for those who would otherwise be denied access.
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ethecalTM
for everyone

Access to credit that is safe, fair, and manageable

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ethecalTM
for service providers

Access to a wider reach of prescreened customers

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ethecalTM
for local authorities

Helping eliminate downward spiral of debt

An ethecalTM alternative

By connecting ethecal credit providers with pre-approved low-income workers in need of safe, fair, and manageable credit we believe we can help eradicate the crippling downward spiral of debt in the UK.

18.38%

Average credit card interest rate in August 2018

10%

NHS workers turning to payday loan firms help them cope with their cashflow problems

800% ROI

For every £1 invested in debt reduction a benefit to the community as a whole is realized

The ethecalTM ecosystem

ethecalTM facilitates access to credit based on affordability rather than credit scores. The system tracks income, financial commitments, and affordability for our borrowers and will only offer credit when it is fair, safe, and manageable

A platform to organize and manage finances drive down debt and start saving

- Continuously tracks and allocates your income and outgoings, ensuring important bills are paid
- Credit applications are quick, easy and based on affordability
- Rewards for not missing a payment, for you to spend or save

A system to automate replayments, on time and in full

- Continuously tracks and allocates your income and outgoings, ensuring important bills are paid.
- Credit applications are quick, easy and based on affordability.
- Rewards for not missing a payment, for you to spend or save.
- Pre-screens customers based on identified income and affordability.
- Establishes smart-contracts with customers for repayments based on ability to pay.
- Payments are automatically allocated out of the borrowers income.

A cost effective and efficient way to deliver benefits and receive payments

- All combined benefits are delivered directly into the recipients account.
- Payments are automatically allocated out of the consumer’s income.
- One off payments made for penalty notices.

ethecalTM benefits for all

The ethecalTM ecosystem benefits society as a whole by tackling the crippling downward spiral of debt while delivering financial benefits for individuals as well as organisations accross public and private sector

ethecalTM
for everyone

  • Access to fair credit that is affordable
  • No more payday loans
  • Automatic, manageable payments directly from income
  • Know what money is left over each month
  • Faster way to a debt free life
  • rewards for keeping on-top of payments

ethecalTM
for service providers

  • Access to wider reach customers
  • Reliable customer risk profile and affordability checks
  • Secure smart-contract based relationship with the customer
  • Repayments automatically allocated out of customers income.

ethecalTM
for local authorities

  • Cheaper and fast way to deliver benefits payments to recipients
  • More effective and efficient way to receive payments from consumers
  • Less money spent on debt reduction programs and programs needed as a consequence of downward spiral of debt

Join the ethecalTM Movement

There are a number of ways to become part of the ethecalTM movement and we are excited to have everyone get involved.

ethecalTM
for investors

Currently we are in the pre-funding phase of our project and are looking for investors.

ethecalTM
for service providers

Are you interested in becoming a provider and reach a wide pre-screened customer base?

ethecalTM
for all

Are you a consumer and need of a little help managing your  finances and eliminating your debt?

ethecalTM
for local authorities

Do you represent a local authority and would like to understand more about the benefits of our platform?