Meed provides a global platform for a community of networked Member Banks and individual Meed users. The network provides access for users to the Member Banks for their financial services needs and provides a solution for financial exclusion.
Created to give individuals of all countries and economic status equal access to innovative banking tools, Meed allows them to take more control of their financial futures. The new and innovative banking program includes a demand deposit account, a security savings account, a secured line of credit, P2P transfers between Meed users as well as access to the unique income-building SocialBoostTM rewards program, which gives users the opportunity to earn a new income stream in return for growing the Meed community. For every $1 earned by Meed users through SocialBoost’s personal community plan, another $1 is returned by Member Banks to the worldwide Meed community, helping those who need it the most.
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