Project Overview
Freelancers and gig workers face one recurring challenge: irregular income. This makes it difficult to budget, save consistently, and prepare for taxes. Too often, payments arrive, get mixed with daily expenses, and before long, there’s nothing left for savings or obligations.
SaveSplit is a fintech mobile app that solves this by automatically splitting every incoming payment into three dedicated wallets Spending, Savings, and Tax. By removing the hassle of manual tracking, the app gives freelancers clarity, peace of mind, and financial discipline.
Problem Statement
Freelancers and gig workers earn money at unpredictable times. Unlike salaried employees who receive a fixed monthly paycheck, freelancers may receive multiple payments at different times and in different amounts.
Because all income typically enters one single balance, it becomes difficult to manage money effectively. Many freelancers struggle to:
Separate money for daily spending, savings, and taxes
Maintain consistent saving habits
Keep track of how much money is safe to spend
Prepare for tax obligations
As a result, income often gets mixed with everyday expenses. Without a structured system, freelancers may spend money that should have been saved or reserved for taxes, leading to financial stress and poor financial planning.
Solution
SaveSplit is a fintech mobile app designed to help freelancers manage irregular income more effectively. Instead of letting all payments go into a single balance, the app automatically organizes income into structured wallets.
Whenever a user receives a payment, the system instantly splits the money into three dedicated wallets:
Spending Wallet – for everyday expenses
Savings Wallet – for long-term financial goals
Tax Wallet – reserved for tax obligations
Users can customize how much percentage of each payment goes into each wallet. This ensures that money for savings and taxes is automatically set aside before it can be spent.
By automating this process, SaveSplit removes the need for manual budgeting and helps freelancers maintain better financial discipline, reduce stress, and gain clearer control over their income.
₦30,000.00
Total wallet balance
Add money
Transfer
Receive
Add goal
Hi, Welcome
Saabiq
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Recent Transaction
See all
Grow Your Money Automatically
Save, track, and hit your goals without stress.
Start Saving Now!!
Home
History
Wallet
Goal
Profile
Smart Wallets
Spending wallet
₦10,000.00
View
Saving wallet
₦21,000.00
View
Tax wallet
₦21,000.00
View
Bank Transfer
Fund your account with bank transfer
Debit Card
Fund your account with Debit card of any bank
Add Money
₦30,000.00
Total wallet balance
Add money
Transfer
Receive
Add goal
Hi, Welcome
Saabiq
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Recent Transaction
See all
Grow Your Money Automatically
Save, track, and hit your goals without stress.
Start Saving Now!!
Home
History
Wallet
Goal
Profile
Smart Wallets
Spending wallet
₦10,000.00
View
Saving wallet
₦21,000.00
View
Tax wallet
₦21,000.00
View
₦30,000.00
Total wallet balance
Add money
Transfer
Receive
Add goal
Hi, Welcome
Saabiq
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Recent Transaction
See all
Grow Your Money Automatically
Save, track, and hit your goals without stress.
Start Saving Now!!
Home
History
Wallet
Goal
Profile
Smart Wallets
Spending wallet
₦10,000.00
View
Saving wallet
₦21,000.00
View
Tax wallet
₦21,000.00
View
Spending Wallet
₦8,000.00
Saving Wallet
₦21,000.00
Tax Wallet
₦5,000.00
Select Wallet
Home Wallet (Total Balance)
The Home Wallet provides a complete overview of the user’s total funds within the app. It combines the balances from the Spending, Savings, and Tax wallets to display the overall financial position in one place. This allows freelancers to quickly understand how much money they currently have across all categories without needing to check each wallet separately.
+ ₦50,000 – From Gener..
Sept 21, 2:00 PM
₦21,000.00
Successful
- ₦50,000 – Transfer to S..
Sept 21, 2:00 PM
₦21,000.00
Successful
+ ₦50,000 – Recieve from ..
Sept 21, 2:00 PM
₦21,000.00
Successful
+ ₦50,000 – Recieve from ..
Sept 21, 2:00 PM
₦21,000.00
Successful
Recent Transaction
See all
Savings balance
₦30,000.00
Wallet
Spending
Savings
Tax
Add money
Send
Receive
Add goal
Set Goal
Laptop
₦7,000
Target
₦14,000
phone
₦7,000
Target
₦14,000
Laptop
₦7,000
Target
₦14,000
See all
Home
History
Wallet
Goal
Profile
+ ₦50,000 – From Gener..
Sept 21, 2:00 PM
₦21,000.00
Successful
- ₦50,000 – Transfer to S..
Sept 21, 2:00 PM
₦21,000.00
Successful
+ ₦50,000 – Recieve from ..
Sept 21, 2:00 PM
₦21,000.00
Successful
+ ₦50,000 – Recieve from ..
Sept 21, 2:00 PM
₦21,000.00
Successful
Recent Transaction
See all
Savings balance
₦30,000.00
Wallet
Spending
Savings
Tax
Add money
Send
Receive
Add goal
Set Goal
Laptop
₦7,000
Target
₦14,000
phone
₦7,000
Target
₦14,000
Laptop
₦7,000
Target
₦14,000
See all
Home
History
Wallet
Goal
Profile
Bank Transfer
Fund your account with bank transfer
Debit Card
Fund your account with Debit card of any bank
Add Money
+ ₦50,000 – From Gener..
Sept 21, 2:00 PM
₦21,000.00
Successful
- ₦50,000 – Transfer to S..
Sept 21, 2:00 PM
₦21,000.00
Successful
+ ₦50,000 – Recieve from ..
Sept 21, 2:00 PM
₦21,000.00
Successful
+ ₦50,000 – Recieve from ..
Sept 21, 2:00 PM
₦21,000.00
Successful
Recent Transaction
See all
Savings balance
₦30,000.00
Wallet
Spending
Savings
Tax
Add money
Send
Receive
Add goal
Set Goal
Laptop
₦7,000
Target
₦14,000
phone
₦7,000
Target
₦14,000
Laptop
₦7,000
Target
₦14,000
See all
Home
History
Wallet
Goal
Profile
Spending Wallet
₦8,000.00
Saving Wallet
₦21,000.00
Tax Wallet
₦5,000.00
Select Wallet
Edit Goal
Update Goal
Goal Name
Laptop
Target Amount
₦20000
Wallet Source
Savings Wallet
Allocation %
30%
Savings Wallet
The Savings Wallet automatically stores the percentage of income set aside for future financial goals. This helps freelancers build consistent saving habits even when their income varies. By automatically directing a portion of every payment into savings, the app makes it easier for users to grow their funds without relying on manual transfers.
Transaction History
Sept 2025
In: ₦50,000
Out: ₦50,000
All
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Received from James..
Split: Spend ₦60K, Save ₦15K, T..
₦21,000.00
Successful
Home
History
Wallet
Goal
Profile
Transaction Details
Sender Details
John Peter
Bank
Polaris
Amount
₦100,000
Transaction Type
Bank Deposit
Transaction No
2346757648886555
Transaction Date
Jan 23rd, 2026 - 5:23 pm
Spending Wallet
₦50,000
Save Wallet
₦40,000
Tax Wallet
₦10,000
Split Categories
Share Receipt
Received Payment
When a freelancer receives a payment, the amount is credited directly into the app. Instead of adding the money to a single balance where it can easily be spent without planning, SaveSplit immediately prepares the funds for automatic distribution. The payment is detected by the system and processed according to the user’s predefined split settings. This ensures that the income is organized from the moment it arrives, creating a structured starting point for managing spending, savings, and tax obligations.
1
Spending Wallet
The Spending Wallet contains the portion of income allocated for everyday use. Funds in this wallet can be used for regular expenses such as bills, subscriptions, or personal spending. By separating spending money from other funds, the app helps users avoid accidentally using money that should be saved or reserved for taxes.
Tax Wallet
The Tax Wallet reserves a portion of each payment specifically for tax obligations. Since freelancers are responsible for managing their own taxes, this wallet helps prevent situations where tax money is accidentally spent. By automatically setting aside funds for taxes, users can stay financially prepared when tax payments are due.
+ ₦50,000 – From Gener..
Sept 21, 2:00 PM
₦21,000.00
Successful
- ₦50,000 – Transfer to S..
Sept 21, 2:00 PM
₦21,000.00
Successful
+ ₦50,000 – Recieve from ..
Sept 21, 2:00 PM
₦21,000.00
Successful
+ ₦50,000 – Recieve from ..
Sept 21, 2:00 PM
₦21,000.00
Successful
Recent Transaction
See all
Tax balance
₦30,000.00
Wallet
Spending
Saving
Tax
Add money
Send
Receive
Home
History
Wallet
Goal
Profile
+ ₦50,000 – From Gener..
Sept 21, 2:00 PM
₦21,000.00
Successful
- ₦50,000 – Transfer to S..
Sept 21, 2:00 PM
₦21,000.00
Successful
+ ₦50,000 – Recieve from ..
Sept 21, 2:00 PM
₦21,000.00
Successful
+ ₦50,000 – Recieve from ..
Sept 21, 2:00 PM
₦21,000.00
Successful
Recent Transaction
See all
Tax balance
₦30,000.00
Wallet
Spending
Saving
Tax
Add money
Send
Receive
Home
History
Wallet
Goal
Profile
Bank Transfer
Fund your account with bank transfer
Debit Card
Fund your account with Debit card of any bank
Add Money
+ ₦50,000 – From Gener..
Sept 21, 2:00 PM
₦21,000.00
Successful
- ₦50,000 – Transfer to S..
Sept 21, 2:00 PM
₦21,000.00
Successful
+ ₦50,000 – Recieve from ..
Sept 21, 2:00 PM
₦21,000.00
Successful
+ ₦50,000 – Recieve from ..
Sept 21, 2:00 PM
₦21,000.00
Successful
Recent Transaction
See all
₦30,000.00
Tax balance
Wallet
Spending
Saving
Tax
Add money
Send
Receive
Home
History
Wallet
Goal
Profile
Bank Transfer
Fund your account with bank transfer
Debit Card
Fund your account with Debit card of any bank
Add Money
Spending Wallet
₦8,000.00
Saving Wallet
₦21,000.00
Tax Wallet
₦5,000.00
Select Wallet
Business Impact
SaveSplit delivers measurable value for both users and the business by solving a key pain point for freelancers: managing irregular income. The platform’s automated wallet system drives user retention, engagement, and monetization opportunities.
Increased User Retention: By automatically organizing income into Spending, Savings, and Tax wallets, SaveSplit encourages users to return regularly to monitor balances and track financial progress.
Metric: +35% potential increase in user retention
Higher User Engagement : The automated split system creates frequent touchpoints whenever payments arrive or wallets are updated. This encourages users to interact with the app more consistently.
Metric: 2–3x more frequent wallet interactions