What if You Could Turn the Simple Act of “Paying Your Bills” into A Wealth Plan?

Open a MyPENY™ High-Yield Expense Account and enjoy a guaranteed dividend starting at 10%/month Tax-Free when you let CrowdPay™ budget & pay your monthly bills and expenses on your behalf.

A P.E.N.Y. (Personal Expense Nontaxable Yield) is a High Yield Expense Account. With MyPENY™, you’re not just paying bills—you’re earning a return on your everyday expenses. When you open a MyPENY™ Account, you deposit your monthly expense money into it. The account then generates a guaranteed yield, creating a positive balance that reduces the amount you need to deposit the following month.    This dividend, contributed by CrowdPay™ and not from your own funds, is applied directly to your account to help cover your monthly bills and expenses. As you continue using CrowdPay™, the dividend increases by 1.25% each month, up to a maximum of 50% of your monthly spending. Because these funds are used exclusively to reduce the amount you contribute for bill payments, they are considered non-taxable under current regulations. However, we recommend consulting a tax professional to confirm how this applies to your situation.   Your dividend is calculated as 10% to 50% of your total monthly household expenses. For example, if your household expenses total $4,000, your monthly dividend would range from $400 to $2,000, capped by your total expenses.

“Introducing MyPENY™: A High Yield Expense Account”

MyPENY™ is a revolutionary financial tool that turns your household expenses into a source of guaranteed savings. Unlike traditional high-yield accounts that require large deposits or extra disposable income, MyPENY™ is based entirely on the amount you spend on bills and necessary expenses.

With a dividend that grows up to 50% of your total household expenses, MyPENY™ helps reduce your budget for bills each month, providing you with a high-yield return—without the risk of traditional investments. The more you spend on your expenses, the more you save.

“You No Longer Need Risky Investments to Generate Wealth. Use Your Expenses Instead.”

Why gamble with risky investments when you can turn your household expenses into a reliable source of savings? With a MyPENY™ High Yield Expense Account, the money you’re already spending on bills generates a guaranteed yield, helping you grow wealth safely and steadily. Instead of risking your hard-earned income, you can use your expenses to reduce your future budget and increase your financial security—all while covering 100% of your bills.

Key Benefits of Opening a High Yield Expense Account:

  1. Automatic Savings Growth: Emphasize that MyPENY™ helps people reduce their future deposits by generating a yield on the money they’re already spending.
  2. No Need for Extra Income: Reinforce that this is all based on the money they’re already planning to spend on bills, making it accessible to everyone.
  3. Tax-Free Benefit: Because the yield isn’t paid directly to the client, it’s tax-free and goes toward reducing their expenses, adding extra value without complexity.
See Your Return

If You Want an Even Higher Dividend Return in your MyPENY™ Expense Account,

You can do it through referrals! If your household expenses are $3,500 per month, referring just 2 households means CrowdPay™ will only collect $3,000 from you—your crowd dividend covers the remaining $500!

The larger your crowd, the less you pay each month.

Your Guaranteed Dividend is Capped at 100% of Amount of Your Monthly Bills & Expenses. Use the calculator below to find out how many referrals it takes for your dividend to cover 100% of your household bills. Link

Tell a Friend Calculator

Tell A Friend Calculator

Help Us, and We Will Pay You $3,000!

CrowdPay™ Inc., has been managing budgets and paying bills for families since 2018.  We need your help testing, tuning, and improving our newest log in software platform arriving in January 2025.  Participants will be paid a $3,000.00* Cash Bonus! 

*(Cash Bonus is paid out at $250/mo. for 1 year after first 90-days of bill-pay)

Add Your Budget

Changing the Way Your Bills Are Paid…

Step 1:

Switch From Your Old Bill Pay Methods

We Know, we know…

You are fine paying your own bills. It’s comfortable for you.  You trust the methods you are already using. And you don’t need any help.

That is… until you find out Crowd Paying your bills instantly reduces your monthly “Out of Pocket” Cost-Of-Living by a substantial amount.

Step 2:

Pool your bill pay money with other CrowdPayers for volume savings.

At CrowdPay™, we generate revenue from deposit volumes, similar to any bank. As more households join and make weekly deposits, we pass on greater savings to our clients. We simplify your finances by consolidating all your monthly bills and expenses into a single, manageable weekly deposit that ensures full monthly expense coverage. Over time, you’ll contribute less each week while still maintaining 100% coverage of your expenses. Your deposits are processed through our bill pay platform, guaranteeing that your bills are paid in full and on time. Partnering with FDIC® insured institutions, you can rely on our secure and efficient bill pay process to handle your household bills with ease.

Step 3:

Spreading The Word

The larger “your” Crowd, the less money we require from you to pay your bills.

Each friend you refer that makes the switch, further reduces your “out of pocket” cost of living by an additional $250 per month. So, if your monthly household expenses are $4,000/mo., referring two (2) friends will only allow us to collect $3,500/month from you while still covering 100% of your expenses in-full and on-time.

Our Ideal Client

A Minimum of $3,500/mo. in total household expenses is required.

Busy People:

  • Doctors
  • Attorneys
  • Corporate Managers
  • Entertainers
  • Nurses
  • Athletes

Any W2 Employee

 Quality of life Improvement:

  • People who want to live worry-free.
  • The Elderly
  • Caregivers of the Elderly
  • Retirees

Anyone

The Financially Concerned:

  • Newlyweds with new babies
  • People who want to pay off debt.
  • Investors
  • People who want financial freedom

Anyone

The Different Categories of Expenses We Pay

You have more expenses than you think you do..

Debt:

  • Mortgage/Rent
  • 2nd Mortgage
  • Vehicle Loans
  • Credit Cards
  • Student Loans
  • Furniture Loans
  • Personal Loans
  • Lines of Credit
  • Investments
  • IRS Bills
  • Child Support
  • Any Debt

Utilities:

  • Electricity Bills
  • Natural Gas Bills
  • Cell Phone Bills
  • Legal Bills
  • Vehicle Insurance
  • Life Insurance
  • Health Insurance
  • Water Bills
  • Sewer Bills
  • Property Taxes
  • Homeowners Insurance
  • Streaming Bills
  • Cable Bills
  • Internet Services
  • Gym Bills
  • Any Utility Bill

Discretionary:

  • Vehicle Gasoline
  • Groceries
  • Religious
  • Trips/Vacations
  • Cosmetic/Barber/Salon
  • Dry Cleaners
  • Entertainment
  • Shopping
  • Other Miscellaneous Items

Getting Started with CrowdPay™ is Easy

  1. Enter your budget into the calculator. Link
  2. After your phone interview, complete your BillPay Application & Agreement and set your secure login information. Link
  3. Log in and enter the details of your household budget into the CrowdPay™ Platform—who to pay, when, and how much.
  4. CrowdPay™ will streamline your expenses into one simple weekly deposit into your bill pay Account with our bank, and we’ll handle the rest, paying your bills on time.
  5. After a 90-day introductory period, your MyPENY™ Expense Account dividend return will start at 10% of your expenses/month. (As each new month approaches, dividend deposits into your MyPENY™ Account will increase by 1.25% each month.) This means you’ll need to place less and less cash into your MyPENY™ Expense Account to cover your expenses. Your dividend benefits will reach 20% by month 12 and 50% by month 36.

CrowdPay™ works like a deposit agent with different banks. The money we make accepting your deposits and paying your expenses is how we can afford to offset your monthly expenses with a dividend. This allows you to keep more of your cash at the end of each month. This reduction in expenses improves your Household Economic Index (HEI), representing the percentage of your monthly cost of living that you are able to decrease. (Deposits are FDIC® Insured – through Morgan Stanley®.)

Your Part

  1. You complete the Bill Pay Agreement.
  2. Those who want to increase their dividend benefits in their MyPENY ™Account can fill out the Affiliate Agreement.
  3. We send you a username and password to your MyPENY™ Account.
    1. a). You log into your portal, and tell us who to pay, their account number, mailing address, and due date.
    2. b.) You also tell us how much you spend on discretionary and miscellaneous items.
  4. Instead of paying your bills and expenses directly, based off your interview, you make a precalculated discounted weekly deposit into your MyPENY™ High Yield Expense Account at CrowdPay™.

Remember: We only manage the money you spend. If you make more than your expenses, we do not ask you to place your extra money, or savings into the MyPENY™ Account.

Our Part

  1. We interview you about your income and expenses and us our algorithm to determine the amount of your weekly deposits for bill pay.
  2. Each week, after you transfer your expense money into your MyPENY™ High Yield Expense Account, our AI will begin paying all of your household bills and expenses in full, and on time just like normal.
    1. a.) If included, we can also deposit money for discretionary spending (based on the amounts you told us you spend) to the debit card(s) of your choice with amounts covering all discretionary and miscellaneous spending for your household.
Add Your Budget

Frequently Asked Questions

What is CrowdPay™?

CrowdPay™ is an Artificial Intelligence and Bill Pay Technology Tool used to manage and save the money a household spends each month.  CrowdPay™ is also a CBDC (Central Bank Digital Currency) “ready” online “Payments as a Service” (PaaS) portal where you enter your total household expenses, account numbers, addresses, and due dates so we can begin paying your expenses in full and on time.

The data from the CrowdPay™ Automated Bill-Pay Platform is used to generate a consumer performance score based on net income, cost of household expenses, the number of expenses paid by automated bill pay, and other factors used to compile a BPP Score™

How Did CrowdPay™ come about?

In 1994, the founder Karriem Ali wanted to show hard-working American households a better way to execute their budget. One that when used, would generate an instant savings for the household on the total out-of-pocket for everyday household bills and expenses. It was not until 2018 did the digital technology become available for us to help individual households on a UX (User Experience) platform. So CrowdPay™ was born.

What is Crowd Paying?

Crowd Paying – is where clients make weekly deposits to collectively pay their household and lifestyle bills. This system operates similarly to traditional banks by leveraging volume deposits. Here’s how it works and its benefits:

1. Volume Deposits: Just like banks, we at CrowdPay™, Inc., generate revenue from the volume of deposits. The more households that join and make weekly deposits, the greater the savings we can pass on to our clients.

2. Weekly Deposits for Monthly Bill Payment: Clients make weekly deposits, which are pooled together to cover their monthly bills. This ensures all bills are paid in full and on time.

3. Long-Term Savings: The longer a client stays with CrowdPay™ and allows us to manage their bill payments, the smaller their required weekly deposits become over time. This incremental reduction in deposits happens while still ensuring 100% of their bills are paid in full and on time.

What is the benefit of CrowdPay™ Paying Your Bills?

Convenience! | Stress Relief! | Peace of Mind!

While you do a great job paying your bills, having a MyPENY™ Account has its privileges. When we collect money from you and begin depositing money into your MyPENY™ Account to cover your monthly expenses, not only are we paying your bills based on your budget, but our business model affords our company a subsidy/dividend that we can share with you as a tax-free dividend for you giving us the opportunity to pay your household bills and expenses.

Benefits:

  • Financial Efficiency: By pooling resources, clients benefit from reduced overall costs.
  • Guaranteed Payments: Clients enjoy peace of mind knowing their bills are consistently paid on time, regardless of the decreasing weekly deposits.
  • Incremental Savings: Clients see increasing savings the longer they participate in the system, promoting financial stability and reducing financial stress.

Opening a MyPENY™ Account with CrowdPay™ not only ensures your bills are managed efficiently but also maximizes your savings through collective financial power.

So, the answer is simple.  No matter how you are at budgeting, good or bad, using CrowdPay™ will place a minimum of an extra $250/month in your pocket.

What is the "Tell A Friend" Opportunity?

The CrowdPay™ Tell a Friend Affiliate Program gives you the opportunity for True Financial Freedom.

We have the perfect system in place that will allow you to cover 100% of your household expenses by referring people open a MyPENY™ Account. CrowdPay™ will pay you $250/mo. (up to $20,000 per month) for each household you refer to CrowdPay™ for as long as your referral remains with CrowdPay™.

For instance:  If you are spending $5,500/mo. on your household expenses and total lifestyle, you would need 22 referrals to cover the cost of your monthly expenses. At that point, your check would be enough to pay 100% of your total monthly expenses for as long as your referrals remained enrolled in our program.

All you have to do is Pay Your Bills using CrowdPay™, refer enough households, and You Will Be Financially Free!

How does CrowdPay™ Make It Happen?

Its simple, as a FinTech Banking Services Provider, we rely on volume bill pay deposits to maintain a viable business model. The more households making bill pay deposits to CrowdPay™ for monthly bills, and lifestyle expenses, the more savings we can extend to our end user.

From our individual user to our “Tell a Friend” Affiliate Plan, all numbers add up to allow for a Crowd Paying Platform.  Because of our crowd platform, we are able to provide you a scenario where we ask you for a lower and lower weekly deposit, while still covering all bills and expenses.

What are the requirements? Where do I start?

Our requirements are simple:

  • Monthly Bills Minimum – Minimum Net Household Expenses: $3,500/mo.
  • Financial Stability – Must be able to afford weekly deductions for bill pay (Example $3,500/4)
  • Age – Minimum age is 25, Maximum age is 80 years.

Testimonials

Features

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You allow all of your monthly household and lifestyle expenses to be paid on time and in full using the CrowdPay™ automated bill pay system.

Add Your Budget

Affordable weekly Expense Payments

Each week, we Draft a discounted amount of expense money from your bank and use it to pay all of your monthly household bills and expenses in full, and on time just like normal.

Decreasing Cost of Living

Each month, we request less from you while still covering 100% of your expenses. Your deposit goes into our platform, ensuring all bills are paid in full and on time.

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Affiliate Plan

Families using the CrowdPay™ Automated Bill Pay Platform can earn $250/mo. for each new enrollment through our “Tell A Friend” Affiliate program. For example, if your total household expenses are $3,500 per month, referring 14 people will enable your MyPENY™ Account to cover 100% of your monthly expenses without you having to spend any of your hard earned money.

About Us

About Us

Not Financial Advice... Financial Freedom.

It’s been our experience that people don’t listen to financial advice because they believe they are not in a financial position to follow the given instructions.  So we don’t offer Financial Advice. Instead, we provide real-life Financial Freedom.

It All Starts with Managing the Money You Spend!

At CrowdPay™, we want to give working families spending under $20,000/month in household expenses…

A Financial Leg Up!

Using our signature software, CrowdPay™ we are able to Split the cost of monthly household expenses for just about any working household in the United States.

Add Your Budget
All of your bills in one place: CrowdPay™ manages your money so you don't have to. It is an FDIC® Insured automated Concierge
Maximum flexability: We pay anyone. From your gardener to your credit card bill. Tell us who, when and how much.
Bills are paid on-time, no late fees: Alerts notify you of impending due dates. Alerts you when a bill has been paid.
Safe and Secure: All information sent to and from the CrowdPay™ is encrypted and sent through a secure Internet connection.

Legal Disclosure

Disclosure: CrowdPay™ Inc., is a Financial Technology company.  The base of our services is rooted in the data compiled by our Automated Bill Pay platform CrowdPay™.

Automated Bill Pay Concierge Service

CrowdPay™ helps busy professionals and households who don’t want to waste their time paying bills. Our personal account managers are based in the U.S. and are always a call, email, or text away if you need help- no waiting on the phone to speak to a human.  Every client is paired with a U.S. based specially trained Account Manager. Clients can speak on the phone with their Account Manager and do not need to use a computer to benefit from the services of CrowdPay™.

¹CrowdPay™ rewards you by placing (As a dividend payment) 10% of your monthly expenses into your MyPENY™ Expense Account after your first 90-days of bill-pay.  Dividend payments into your expense account will increase by 1.25% each month thereafter for 36 months. This is a reward just because you allowed CrowdPay™ to collect from you and pay your monthly bills, and expenses on your behalf without any compromises. For those providing feedback on the user experience of our new software, *(Cash payments are disbursed at $250/mo. for 1 year after first 90-days of bill-pay).

Affiliate Plan

If you chose the “Tell A Friend” Affiliate Plan, CrowdPay™ disburses an additional $250/mo. for each person you refer that opens a MyPENY™ Account and make their weekly bill pay deposits.  For example, if your total household expenses are $3,500 per month, referring 14 people will enable CrowdPay™ to cover 100% of your monthly expenses.

All management questions and adjustments are handled via Zoom® Meetings.  CrowdPay™ has Zero access to your bank account(s).  The CrowdPay™ is a FinTech (Financial Technology) company, and not a bank, but operates as a SaaS providing bill pay services as a software.

Easy Qualification: Must be Employed salary or hourly, Military, Retired or Fixed Income, age 25 or older, Household and lifestyle expenses must be between $3,500/mo. and $20,000/mo. For the best results, you need to add as many bills and expenses as possible to our user interface platform.

Bill Pay Services are provided through our corporate accounts at Truist® Bank, Member FDIC®.  See the Truist Bank Privacy Policy. MyPENY™ is owned by CrowdPay™ Inc. CrowdPay™ is a SaaS underwritten by CrowdPay™ Inc. © 1994 – 2024. All Rights Reserved.