- Early StageStartup in initial stages
- Website
- Location
- Company size
- 1-10 people
- Total raised
- $433K
- Company type
- Seed Fund
- Markets
Zave App careers
Zaveapp is the piggybank for millennials.
Saving money is a general desire but a really painful and unsexy experience, we at Zaveapp make it sexy!
With Zave App any user of a smartphone with a credit or debit card can start saving towards a goal with gamification and social features. We are lowering the entry level to commitment savings.
Every person that currently uses a mobile smartphone (1,876 million people worldwide w/3G/4G) and a debit card (1,814 million debit cards in circulation worldwide) is a potential customer.
When users reach their goal they can choose between:
a- redeeming balance (to buy what they've been saving for) with affilliate partners at travel with any OTA (expedia, booking.com, priceline, despegar, bestday, etc) or shop at amazon.com or ebay with no commission (we collect a fee from these retailers)
b- have the cash back and pay a commission for the service.
Saving money is a general desire but a really painful and unsexy experience, we at Zaveapp make it sexy!
With Zave App any user of a smartphone with a credit or debit card can start saving towards a goal with gamification and social features. We are lowering the entry level to commitment savings.
Every person that currently uses a mobile smartphone (1,876 million people worldwide w/3G/4G) and a debit card (1,814 million debit cards in circulation worldwide) is a potential customer.
When users reach their goal they can choose between:
a- redeeming balance (to buy what they've been saving for) with affilliate partners at travel with any OTA (expedia, booking.com, priceline, despegar, bestday, etc) or shop at amazon.com or ebay with no commission (we collect a fee from these retailers)
b- have the cash back and pay a commission for the service.
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Octavio Novelo
Fintech entrepreneur, Cofounder of Zaveapp, Founder of casachilanga.com, learning to fly!
Continuous improvement is better than delayed perfection.
Valuation
$2.1M
Funded over
2 rounds
Latest round
Seed (Mar 2016)
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