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

Lloyds Tests Quantum Computing to Strengthen Fraud Detection

The bank explores advanced tech to tackle money mule networks effectively.Highlights: Lloyds is experimenting with quantum computing for...
FinTech

9fin Secures $170 Million Raise, Valued at $1.3 Billion

The fintech platform enhances its funding to accelerate growth and innovation.Highlights: 9fin raised $170 million in a recent...
FinTech

CommBank Enhances Account Onboarding with Password Chip Scanning

New feature streamlines account setup via mobile app for users.Highlights: CommBank introduces password chip scanning in its mobile...
FinTech

Coinbase Receives Conditional Approval for National Trust Bank Charter

The approval marks a significant step for Coinbase in the financial sector.Highlights: Coinbase secures conditional approval for a...