Metennkoste.com is the first Mauritian friendsfunding platform for collecting money easily for group expenses and events. We are an innovative and easy to use service that enables individuals to create money pots online and invite their friends & family to contribute to it.
Friendsfunding is a term created by Metennkoste to accurately describe the spirit behind it’s operations. We use crowdfunding technologies which can be described as “the practice of funding a project or venture by raising small amounts of money from a large number of people, typically via the Internet” and apply that to a more personal context. Here we do not “fund a project or venture” but we rather contribute to a common gift or expense with the help of a large number of people you know.
Thus, Friendsfunding implies that you are giving your money to someone you know without expecting anything in return except from the joy of helping or gifting to that person.
The word ‘Money Pot’ on Metennkoste means a virtual money pot (Enn bwat kondane virtiel) that you will create and which you can send around to your circle of family and friends who would like to contribute to it.
Metennkoste is simple and can be explained in just 5 easy steps.
Very simply, once someone clicks on the link to a money pot which would have been sent to them by the creator of the money pot, they can contribute to it via internet banking, mobile banking or card payment after they have registered a verified account on Metennkoste.
Creation of and participation in a money pot are free!
We only charge you a flat Service Fee of 7% on all money pots for which the beneficiary has asked for a bank transfer.
Metennkoste is a Secure Sockets Layer (SSL) certified website. This means that everything on Metennkoste is encrypted and all user information including logins, passwords, credit card information and other private data you enter on our website is safe.
There are no refunds on participation in money pots. We advise all our users to make sure they are familiar with any money pots they are participating in and not to contribute to any money pots created by a stranger.
In order to ensure complete transparency and traceability of funds on Metennkoste, we require all participants to register with us.