Save®
The world’s first savings platform.
| Date | Investors | Amount | Round |
|---|---|---|---|
* | N/A | Debt | |
| Total Funding | 000k | ||
| USD | 2022 | 2023 |
|---|---|---|
| Revenues | 0000 | 0000 |
| EBITDA | 0000 | 0000 |
| Profit | 0000 | 0000 |
| EV | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 |
Source: Dealroom estimates
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Save, accessible at joinsave.com, is a fintech startup revolutionizing the way individuals manage and grow their wealth. The company operates in the financial services market, specifically targeting consumers who are looking to maximize their savings and investments with minimal effort. Save offers a suite of innovative financial products, including high-yield savings accounts, a premium wealth credit card, and a unique debit invest card.
The core clientele of Save includes everyday consumers, particularly those in their 30s and beyond, who are keen on optimizing their financial health and preparing for future financial needs. These clients are typically looking for straightforward, high-return financial products that simplify the complexities of investing and saving.
Save's business model is built around providing high-yield financial products that offer significant returns compared to traditional banking options. For instance, the Save Premium Wealth credit card boasts an average return of 6% annually on all purchases, with no caps or category restrictions. This card is designed to maximize the earning potential of everyday spending, turning routine purchases into substantial investment opportunities.
The company makes money through a combination of fees and commissions associated with its financial products. For example, Save earns revenue from transaction fees on its debit and credit cards, as well as from the management fees on the investment portfolios linked to these cards. Additionally, Save benefits from referral programs and partnerships that drive customer acquisition and engagement.
In summary, Save is a forward-thinking financial services provider that empowers consumers to protect and grow their wealth through innovative, high-yield financial products. By simplifying the investment process and offering substantial returns on everyday spending, Save is making it easier for individuals to achieve their financial goals.
Keywords: fintech, high-yield savings, premium credit card, debit invest card, financial health, investment returns, consumer finance, wealth management, financial planning, innovative banking.