The first-ever, all-in-one financial wholeness app, Spave® exists to transform spending for good through mobile technology that empowers and rewards consumers to use everyday spending to save for themselves and give to others, without changing the way they live.
The success of Spave® is centered around micro-donations, converting one-time donors into engaged, recurring donors – reaching a broader audience of like-hearted, conscious consumers who care about causes.
The app’s features — such as purchase tracking and analysis, setting goals, donating to causes, group giving, rewards, and statistics — educate users on their habits, motivating them to use the app to make more healthy, well-balanced decisions.
The Spave® app deducts micro-amounts (“spavings”) from your primary checking account whenever you make a purchase using cards linked to the app (debit or credit). You define the percentage to spave, and Spave® automatically distributes them to your savings and selected charity(ies).
The Spave® app lets users:
Spave® is a female-founded fintech company designed to empower personal financial independence and charitable giving through its mobile solution.
Founded in 2016 and acquired by Reseda Group in 2021 – a wholly owned Credit Union Service Organization – Spave's proprietary technology platform and process solve challenges with balancing spending, saving, and giving habits for consumers (particularly Millennials & Gen Z) using cutting-edge mobile technology.
(Save for yourself and to help create a better world)
Olivia felt great about all the money she spaved on her new jeans.
By linking your banking accounts, the Spave® app deducts micro-amounts (“spavings”) from your primary checking account and distributes them to your savings and selected charity(ies). Whenever you make a purchase using the debit or credit card linked to the app, a % (that you define) is deducted from your checking and automatically distributed to your selected Saving and Giving accounts.
Spave® will collect savings amounts each week, and a transfer will be initiated every Thursday to the users designated savings account. Spave® will also collect and maintain user-giving amounts each week, and a transfer will be initiated every Monday to their chosen charity(ies) via our partnership with Make My Donation. (Transfers may take up to one week to complete.)
We take security very seriously and the protection of users' privacy and data security is vital to us. Implementing the same level of security your bank does, we take extreme measures to validate each user, their accounts and to protect personal data within all aspects of our infrastructure and user experience. For more information about the safety and security of Spave®, visit spave.io and read our Security Promise.
We’re a team of innovators and seasoned professionals from the tech and nonprofit sectors, committed to one mission: transform spending for good.
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