Accrue Savings: Raises $25 million

Accrue Savings: Raises $25 million

  • Accrue Savings believe that rewards, points, and incentives shouldn’t only come from shopping with credit
  • Announced it raised $25 million in a Series A funding round led by Tiger Global
  • Returning investors include Twelve Below, Box Group, Red Sea Ventures, Ground Up Ventures, Good Friends
  • Empowers consumers to save for purchase while earning cash incentive rewards from the brand along the way
  • Retailers can finally reward customers who choose saving over debt by making FDIC-insured cash contributions
  • Brands that partner with the company are seeing an immediate impact on their top-of-funnel marketing efforts
Laura M
Laura M
Laura is a financial reporter, editor, and researcher with a particular interest in fintech innovation, capital markets, and the evolving global banking landscape.

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