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How it works

Simple, safe, and built around you.

How Commony is designed to work at launch

Getting started

  1. 1Sign up
  2. 2Verify your identity securely
  3. 3Link your existing bank account

You'll still use your existing bank. Commony connects to it.

Sending money

  1. 1Pick a person
  2. 2Enter an amount
  3. 3Send

Asking for help on the Community Funding Board

  1. 1Post a request
  2. 2Community members make offers
  3. 3You choose the best one
  4. 4Repay on a schedule
  5. 5Earn your badge

How badges work

Everyone starts as a New member. Each time you repay on time, your track record grows. Over time you can move up to Bronze, then Silver, then Gold. A higher badge shows the community you can be trusted, and unlocks more on Commony.

  1. New member
  2. Bronze
  3. Silver
  4. Gold

Your security comes first

Commony is being designed with safety at its core. At launch, it will include:

Identity verification

Every member will verify who they are before using Commony.

Bank-level encryption

Designed with strong encryption to protect your information.

Biometric login

Sign in with your face or fingerprint on supported phones.

Fraud monitoring

Will include tools that watch for unusual activity.