Financial Services - Berkeley, California, United States
Satchel is a decentralized application that banks underbanked school communities by facilitating locally-governed projects and bootstrapping capital through DeFi-powered donations and financial primitives. We believe in a world where global communities have agency in their finances, governance, and infrastructure. Satchel's core features include savings accounts and loans for underbanked school communities via key DeFi protocols, splitting yield between individuals and schools for individual and local socioeconomic mobility, community governance over Satchel-wide decisions and locally-funded school projects, and tax-deductible contributions to school communities in need around the world.