Accrue Savings Raises $25M Series A Led By Tiger Global
01/13/22, 1:00 PM
Money raised
$25 million
Round Type
series a
Accrue Savings, the merchant-embedded shopping experience that rewards consumers for saving, today announced it raised $25 million in a Series A funding round led by Tiger Global, with participation from Aglaé Ventures, the tech investment firm backed by Groupe Arnault, Maple VC, and notable leaders such as UPS CEO Carol Tomé and Fanatics CEO Michael Rubin. Returning investors include Twelve Below, Box Group, Red Sea Ventures, Ground Up Ventures, Good Friends, Silas Capital Ventures, among others.
Company Info
Additional Info
Accrue Savings is a payment option that rewards customers for saving for the things they love and dream to have without taking out short-term loans. When it comes to shopping, customers have endless products to choose from, but limited payment options to purchase those items debt-free. With Accrue Savings, they’re able to save for anything from products to services to travel, on their own terms, while brands encourage their savings efforts with cash rewards along the way. For more information, please visit www.accruesavings.com
Accrue Savings is a financial technology company and is not a bank. Banking services provided by Blue Ridge Bank, N.A., Member FDIC.