South Africa's first
concert stokvel
No hidden fees · Cancel anytime · 100% transparent
The honest version
We buy tickets
the same way you do.
Just with 300+ people.
No event partnerships. Just a community that saves consistently, pools their money, and buys tickets together.
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How it works
Save. Groove. Repeat.
Save R500/month
Every R500 = 500 Vibe Points. You can contribute more to earn more points and climb the leaderboard.
Climb the leaderboard
Points update live on the leaderboard. Engage with the community to earn bonuses and boost your rank.
Top 40% get tickets first
Top contributors get R750+ worth of access for R500. How? The pool is concentrated, so it stretches further. Didn't make top 40%? Your money rolls over—you keep climbing, and next month could be yours.
What is GrooveFund?
GrooveFund lets you save
with a community —
and get to concerts together.
It's a stokvel. You know how it works; people have run them for 100s of years. We've built the digital platform for the concert version. Simple. Transparent. Made for South Africans.
Sounds too good to be true?
It's not.
Here's how it works.
GrooveFund is built on the stokvel tradition. Here's the full, unfiltered picture.
🎯 Where does my money go?
Your R500 goes into the shared pool. Members vote on events, and we buy tickets for the top 40% of contributing members. Simple as that.
🎯 Are you partnered with event organisers?
No. We buy tickets the same way you do—on the open market. The advantage? Buying tickets in bulk, members who get tickets don't pay full price.
🎯 What if I'm not in the top 40%?
You stay in the pool and keep earning points. Money rolls over — consistent savers climb naturally.
🎯 Can I cancel anytime?
Yes. No lock-in. No notice period. You can withdraw your contributions at any time. Withdrawals are processed within 24 hours and are subject to a 12% processing fee.
🎯 Is this legal in South Africa?
Yes. GrooveFund operates as a stokvel under the Exemption Notice of the Banks Act. We're pursuing NASASA registration for formal recognition.
🎯 Can I see where my money goes?
Yes. Your dashboard tracks every contribution, your points, and your rank.
Security
Your money
is protected.
We've built GrooveFund the way we'd want our own savings club to work: every Rand accounted for, nothing hidden.
Encrypted payments
256-bit SSL encryption. We never store your card details.
Full transparency
Every member can see the live pool balance, contributor count, and payout history.
Stokvel constitution
Formal stokvel constitution, compliant with SA law. NASASA registration pending.
FICA compliant
ID and address details collected in line with the Financial Intelligence Centre Act.
Ringfenced funds
Member contributions are held in a dedicated account, separate from operational funds.
Cancel anytime
No lock-in period. Cancel from your dashboard and billing stops the following month.
Community
What Groovers say.
"I was skeptical at first — I kept asking "but where does the money actually go?" The transparency dashboard settled it for me. I can see everything."
"The leaderboard makes it addictive. I went from R500 to R1000 a month just to climb the ranks. Got Joy of Jazz tickets last month."
"What I love is it doesn't feel like saving — it feels like investing in experiences. I've been to 3 concerts this year I couldn't have afforded alone."
Rules & transparency