Description
Take home the same amount of money every month even if your hours and earnings fluctuate!
Want interest-free Cash Top-ups when you earn less than normal? Download Wollit now!
Wollit takes the stress out of zero-hour contracts, gig work and freelancing by giving you instant access to money when you earn less than normal.
Even though your lifestyle is unpredictable - your income doesn’t have to be.
Open an account in minutes and get:
Instant interest-free Cash Top-ups when you earn less than normal.
A safe and affordable way to smooth your money worries.
A stable income even though your hours and work change.
How it works
1. Get your Income Promise
Your Income Promise is the minimum amount of money we make sure you will have access to each month. It is based on the average of your recent payslips, and we calculate it by safely and securely syncing with your bank account.
2. Enjoy cash top-ups when your payslips are low
Each month you earn less than your Income Promise we'll know, and offer you an instant cash top-up to make up the difference.
So if your income promise is £1,500, but you only earn £1,300, we'll offer you an automatic £200 top-up.
3. Pay us back when your payslips are high
Top-ups are repaid in months you earn more than your income promise. But don't worry, you'll always be left with at least your income promise, even if you owe us more.
So if you owe us £300 but only earn £50 above your Income Promise - you'll only repay us £50 that month.
Key Benefits
Access to cash when you need it most
Be confident you'll have access to money when your income is lower than normal
Budget and Plan with Confidence
Always know how much money you'll have coming in each month. Get better visibility and more control over your cash.
Designed just for you
Flexible repayments tailor-made to your exact personal and financial circumstances.
Open your account and be up and running in minutes
All from your phone. No phone calls, no paperwork in the post.
Affordable, ethical and sustainable.
No complicated interest-rates or charges. Just a simple fixed monthly fee.
Why Trust Us
We care deeply about your financial wellbeing.
We are backed by one of the world's largest banks.
We are fully authorised by the Financial Conduct Authority.
About Wollit
Wollit is a fintech dedicated to radically improving the financial wellbeing of zero-hour, gig workers and freelancers. We have raised capital from top technology investors in the UK and one of the world's largest banks.
We use cutting-edge technology and lashings of innovation to create affordable, ethical and transformative products that make life better for zero-hour, gig workers and freelancers.
Our first product, the Wollit Income Promise, is an income stability tool that enables people to take home the same amount every month - even if their hours and earnings fluctuate. But we're not stopping there. We plan to disrupt any area of finance where zero-hour, gig workers and freelancers don't have access to the services they need and deserve.
A Wollit Income Promise is subject to status and affordability.
Wollit Ltd is Registered and Incorporated in England and Wales, company registration number 10687003.
Wollit is Authorised and Regulated by the Financial Conduct Authority For Consumer Credit. Wollit is also Registered with the Financial Conduct Authority as a Payments Institution for the Provision of Payment Services. Firm Reference: 781247
Wollit - for a smoother life.
