Following its launch last year, Lista, a free financial management app, just launched Ipon Challenge, which encourages Filipinos to set savings goals through their newest features: Savings and Sales Target.

The Savings feature allows the app user to track their savings, while the Sales Target feature will allow business owners to set a target profit for their business. Users will be able to customize their target timeline and amount using the feature. The new features are aimed at encouraging more Filipinos to maximize the tools within the app.

In launching the app, Lista aims to provide Filipinos with the tools to track the flow of money and help them with managing their finances in the process.

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“Lista wants to encourage every Filipino to set a savings goals for the things they dream of – whether they start with a small amount or go big with a car down payment. Through the help of our partners, we look forward to seeing everyone complete their ipon challenge and help them move towards the goal of understanding their finances and empowering them to make better purchase decisions,” shared Khriz Lim, co-founder of Lista.

Ipon Challenge

The Ipon (which means savings) Challenge was created to officially launch the two new features that the founders hope will help more Filipinos start building the habit of proactive saving. The campaign hopes to encourage new and existing users to explore the feature and participate in the savings challenge, which is intended to help users learn how to set and stick to financial goals, both short and long term.

Anyone with Lista mobile app can join the Ipon Challenge for the chance to win grand prizes from Lista as well as weekly minor prizes. Interested participants can download the Lista app, register using their mobile number then create savings challenges with the help of the “savings” icon. 

Participants are required to input savings at least twice a week, following their daily or weekly savings amount. The deadline to reach their goal is before May 30, 2022. 

Steps

Once participants reach their savings goal, they will receive a savings badge. To be eligible for the raffle, participants should share a screenshot of their savings badge on Facebook with the hashtag #IponChallenge and tag the Lista page. Each savings challenge is equal to one raffle entry. Prizes include a brand new motorcycle, Macbook, mobile phone, Ikea gift certificate worth P10,000, and a summer getaway package for two. The winners will be announced on the Facebook page of Lista PH.

Lista also partnered with SariSuki, a community selling platform that delivers fresh groceries straight to your doorstep, which will be giving away P10,000 worth of Kabuhayan Package. Financial services company Sun Life Philippines, partnered with e-commerce platform Lazada to give away weekly vouchers that will entitle the winners to a free one-year Life Armor Insurance coverage.

Since its launch early last year, Lista has received 600,000 downloads.