SaveAway® recognized among the World’s FinTech Forward Companies to Watch by American Banker and BAI
Gearing up for its soon-to-be released beta of The-Internet-of-Savings® platform which multiplies ‘Saving for What Matters’™, SaveAway® announces partnership with Specialized Retailers
SaveAway®, cited as a revolutionary platform that can help millions multiply their savings and avoid debt to fulfill big-purchase goals, was recognized as a FinTech Forward “Company to Watch” by American Banker and BAI today at the BAI Beacon Conference in Chicago.
Selected by an advisory board comprised of industry experts from BAI, American Banker, and executives from leading financial institutions, FinTech Forward recognizes SaveAway® on a shortlist of only 20 “Companies to Watch” who have a compelling new offering and solid business model.
This announcement continues an amazing year of industry recognition for SaveAway®. Also recognized a Top-8 in FinTech and Payments by the SXSW accelerator and selected to present at Finovate from the “most competitive pool in the event’s 10 year history”, SaveAway® has taken its place amongst the “best fintech the industry has to offer”.
“SaveAway®’s recognition by American Banker and BAI is testament that our patent-pending technology enables financial institutions partnering with us set themselves apart. Not only can banks tangibly boost deposits and payments revenues, but the SaveAway® platform can deepen customer relationships and share-of-wallet in ways that are lasting” notes SaveAway®‘s CEO Om Kundu.
In addition, SaveAway® is partnering with Specialized Retailers which will enable consumers across Specialized’s 1200+ Retail partners save for their next purchase through SaveAway®. In recognizing SaveAway®’s unique value as an additional sales channel and in expanding access for more people to afford important purchases, Specialized remarked that “SaveAway® absolutely helps address one of Specialized’s core objectives to support aspiring cyclists and independent bicycle retailers.”
“SaveAway® is redefining the way people save and we’re really excited they showcased The Internet-of-Savings® at our 10th anniversary show,” said Greg Palmer, VP of Finovate. “Their platform, which empowers people to multiply their savings to reach the goals that matter the most to them, offers a socially conscious way for retail and financial institutions to expand their revenue streams, while allowing purchasers to avoid exorbitant debt.”
Robert Barba, technology editor of American Banker, noted that SaveAway®’s recognition as part “of the FinTech.Forward rankings” derives from SaveAway® “giving banks the tools they need to handle the challenges and opportunities they face…to augment legacy technology, better understand data and provide customers with products that hold up across the digital universe.”
BAI’s Chief Marketing Officer and “Companies to Watch” Judge, Holly Hughes, said, “This year’s Companies to Watch, including SaveAway®, are driving positive change within the industry to provide financial services leaders with powerful tools to better serve their customers.”
SaveAway® elicited overwhelming response to its private-beta rollout, with interested users urged to Sign-up at https://www.inspirave.com/#signup for its waitlist before early-access closes.