FinTechFunding

Accrue Savings: Raises $25M in Series A Funding

Accrue Savings Raises $25M in Series A Funding

  • Accrue Savings, a NYC-based merchant-embedded shopping experience that rewards consumers for saving, raised $25m in Series A funding
  • The round was led by Tiger Global, with participation from Aglaé Ventures, Maple VC, and notable leaders
  • The company intends to use the funds to expand retail partnerships and bolster hiring efforts across all departments, including engineering, sales and marketing
  • New retail partners now offering AccrueSavings to their customers include Smile Direct Club (NASDAQ: SDC) and Poly & Bark, with more retailers on the way
  • These brands join Casper (NYSE: CSPR), Camp, Eterneva and more, in providing debt-free ways for people to buy the things they want most
Previous article
EVage: Raises $28M in Seed Funding
Next article
Onapsis: Appoints Denis Cashman as Chief Financial Officer
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

You May Also Like

FinTech

Solana Foundation Launches Financial Developer Platform

Enhancing tools for developers in the blockchain finance space.Highlights: Solana Foundation introduces a new financial developer platform.The platform...
FinTech

Spade Raises $40M to Strengthen Data and AI Platform

The funding will expand Spade's capabilities in data analytics and AI.Highlights: Spade has raised $40 million in Series...
FinTech

New York State Mandates Stores to Accept Cash Payments

New legislation aims to protect cash transactions across the state.Highlights: New law requires New York stores to accept...
FinTech

PRA Issues £2 Million Penalty to Bank of London for Integrity Failures

Regulatory body penalizes the bank due to integrity shortcomings.Highlights: PRA fines Bank of London £2 million for integrity...