Accrue Savings Raises $25M in Series A Funding
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FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
When the consumer opens an account and hits savings milestones for products they want to buy from their favorite brands, they can receive cash contributions from the brands.
FinSMEs is the financial news site dedicated to covering venture capital, private equity, and merger and acquisition deals in real time!
Accrue Savings, cofounded by Michael Hershfield, is an incentive-based savings platform that is tied to specific desired items to help consumers make purchases without incurring debt.
Accrue Savings is introducing a savings account that is tied to specific retailers, allowing customers to gradually accumulate the amount they need to buy an item and earn cash rewards for making progress toward their goals.