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
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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.

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