SaverLife
- Company typePrivate
- Founded2015
- HeadquartersSan Francisco, United States
- Headcount11–50
- GTM typeB2C
- OfferingServices
SaverLife firmographics
Firmographics- Name
- SaverLife
- Legal name
- EARN Inc.
- Website
- https://saverlife.org
- Company type
- Private
- Founded year
- 2015
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Ownership category
- akta.pro rank
SaverLife industry classification
Industry- Product category
- Consumer Financial Wellness Services
- NAICS
- Finance and Insurance (52)
- akta.pro primary industry
- Savings Automation & Goal-Based Savings (FSAGADAC)
- akta.pro secondary industries
- Budgeting & Cash-Flow Management (FSAGADAA), Expense Tracking & Financial Dashboards (FSAGADAB), Financial Education & Coaching (Digital Programs, Tools) (FSAGADAH), Financial Planning Tools & Financial Coaching (Goal Setting, Apps, Advisors) (EDAAAJAN)
Keywords
Where SaverLife is headquartered
LocationHeadquarters
- HQ city
- San Francisco
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
SaverLife business model
Business model- GTM type
- B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Others
Revenue model
- Philanthropic Funding and Grants: SaverLife is a nonprofit organization supported by philanthropy including foundations like JPMorgan Chase, Robert Wood Johnson Foundation, Wells Fargo Foundation, MetLife Foundation, U.S. Bank Foundation, Bill & Melinda Gates Foundation, Mastercard Center for Inclusive Growth, and others. Funding supports programs, research initiatives, and operations.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Freemium | Monthly | Free membership for all users |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels7 records
SaverLife product offering
Product offeringCore offering
SaverLife provides a free mobile app and web platform that help low-to-moderate income individuals build savings through personalized financial guidance, gamified savings challenges with cash rewards, and educational content. The platform integrates bank account data via Plaid, tracks member progress with a proprietary Financial Health Score, and is expanding an AI-Powered Financial Navigator to deliver judgment-free, real-time financial guidance to its 770,000+ members.
Product overview
SaverLife is a national nonprofit fintech offering a unified financial health platform with multiple integrated components. The core offering consists of a mobile app and web platform that deliver personalized savings tools, financial guidance, and cash rewards to over 770,000 members. Key products include: the SaverLife Mobile App and Web Platform (core product for savings tracking, challenges, and resources); the AI-Powered Financial Navigator (AI-enabled co-pilot for personalized guidance); SaverHub (resource center); SaverPerks (partner benefits program); and Savings Challenges (gamified incentive programs). The platform uses machine learning for personalization and integrates Plaid for bank account connectivity. Research and insights are a key component, with the organization conducting studies on fintech, climate, microentrepreneurs, and financial health.
Differentiator
Problem solved
Functional benefit
Brands
- SaverPerks: A benefits program bringing value-aligned partner benefits to SaverLife members, offering products, services, and resources to help people save money and build financial health.
Products and services
- SaverLife Mobile App A free mobile application (iOS and Android) for SaverLife members that delivers personalized financial guidance, savings challenges with cash rewards, trusted referrals to income- and expense-reducing services, and opportunities to earn cash through research participation. Designed for low-to-moderate income individuals and families seeking to build savings.
- SaverLife Web Platform The web-based platform at saverlife.org and app.saverlife.org providing dashboard access, savings tracking, community forums, member stories, research insights, and access to financial content and challenges. Available to all SaverLife members free of charge.
- AI-Powered Financial Navigator An AI-enabled conversational financial guidance tool that acts as a personalized digital co-pilot for SaverLife members, providing judgment-free support, actionable recommendations, and real-time insights tailored to each member's financial situation. Built with investment from NextLadder Ventures.
- SaverPerks A member benefits program that curates value-aligned partner offerings, providing SaverLife members with discounts and perks that help them save money, build financial health, or reduce financial stress.
- Employer-Sponsored Emergency Savings (Onward Financial) An employer-sponsored emergency savings product for workers of all income levels, offered through B2B partnerships with employers. Built on the Onward Financial mobile savings app acquired by SaverLife, designed to help employees build emergency savings through their workplace.
Quantifiable outcome
- 61% of members save $500 or more within six months of joining
- +5 more outcomes
Companies that use SaverLife
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
SaverLife technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability7 records
Feature5 records
SaverLife partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core, flagship and minor.
- Mastercard Strive USAcoreMastercard Strive USA supported SaverLife's efforts to offer timely and relevant financial content and resources through the SaverLife platform, helping entrepreneurs increase their financial stability at tax time and beyond. The partnership enabled outreach to over 6,000 entrepreneurs and analysis of survey responses from the active entrepreneur membership community.
- H&R BlockcoreH&R Block partnered with SaverLife to inform critical policy matters ensuring tax benefits are more equitable and accessible, expanding economic mobility and wealth building opportunities for microentrepreneurs and small business owners.
- InclusivflagshipCommunity Finance for Climate Action is a groundbreaking collaborative between Inclusiv and SaverLife that lifts up innovative solutions addressing climate change while supporting financial well-being of households with low incomes. The partnership aims to ensure benefits of the Greenhouse Gas Reduction Fund reach historically excluded communities and engage low-income people in climate strategies centered on financial health and consumer protection.
- ExperianminorExperian partnered with SaverLife to create videos exploring the uniqueness and complexity of SaverLife members' financial health and the possibilities an inclusive financial system could bring to their journeys.
- The Aspen InstitutecoreIda Rademacher from The Aspen Institute serves as Board Secretary on SaverLife's Board of Directors, representing strategic alignment between the two organizations on financial health and economic mobility issues.
- Dollar ForcoreSaverLife partnered with Dollar For, an organization helping people with unpaid medical bills apply for financial assistance. Over 8,000 SaverLife members have connected with Dollar For to get support with their medical bills, addressing the $220 billion medical debt crisis affecting members.
- Money Management International (MMI)coreSaverLife partnered with Money Management International (MMI) to offer members access to financial counseling services, supporting debt reduction and financial health progress for members struggling with unmanageable debt.
- Onward FinancialcoreSaverLife announced intention to acquire Onward Financial, a nonprofit offering a mobile savings app for workers of all income levels. The acquisition aims to expand SaverLife's presence in the employer-sponsored emergency savings market and enhance employer-facing products with Onward's technology.
Scale indicators9 records
Recent moves6 records
Expansion highlights6 records
SaverLife competitors and assessment
Company assessmentDirect peers
- Commonwealth: National nonprofit focused on building financial security for households with low-to-moderate incomes through research, programs, and policy — the closest mission-aligned nonprofit peer to SaverLife.
- GreenPath Financial Wellness: Nonprofit provider of financial counseling, debt management, and financial wellness education to individuals and employers; overlaps directly with SaverLife's counseling and education offerings.
- Money Management International (MMI): Nonprofit credit counseling and financial education agency; already a SaverLife partner for debt counseling, and a direct peer in nonprofit financial wellness delivery.
- LearnLux: B2B financial wellness platform sold to employers as an employee benefit — directly comparable to SaverLife's Onward Financial employer-sponsored emergency savings strategy.
- Financial Finesse: Provider of employer-sponsored financial wellness programs including coaching, education, and planning tools; a B2B peer for SaverLife's workplace channel expansion.
- Enrich Financial Wellness: Financial wellness platform for employees offering education, coaching, and tools; comparable B2B distribution model to SaverLife's employer-facing direction post-Onward.
- SecureSave: B2B platform for employer-sponsored emergency savings accounts; the most direct commercial analog to what SaverLife is building through the Onward Financial acquisition.
Broad incumbents
- Financial Health Network: Industry convener and research organization advancing financial health for households; competes with SaverLife on research, metrics (e.g., FinHealth Score), and policy influence rather than direct member services.
Emerging players
- Possible Finance: Commercial fintech offering small-dollar loans and credit-building tools to LMI consumers; emerging competitor serving the same member demographic with a paid business model.
- Earnin: Earned-wage access app targeting hourly workers and gig workers — overlapping with SaverLife's gig/microentrepreneur segment but operating on a commercial tipping-based model.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
SaverLife social profiles
Digital presenceSaverLife financial estimates
Financial estimateRevenue estimate
Valuation estimate
SaverLife leadership team
Management profileNumber of profiles
Profiles18 records
SaverLife subsidiaries and ownership
Company hierarchySubsidiaries1 record
SaverLife funding detail
Funding detailFunding overview
Funding rounds4 records
Investors3 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
SaverLife M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about SaverLife
What does SaverLife do?
SaverLife provides a free mobile app and web platform that help low-to-moderate income individuals build savings through personalized financial guidance, gamified savings challenges with cash rewards, and educational content. The platform integrates bank account data via Plaid, tracks member progress with a proprietary Financial Health Score, and is expanding an AI-Powered Financial Navigator to deliver judgment-free, real-time financial guidance to its 770,000+ members.
Is SaverLife a public or private company?
SaverLife is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was SaverLife founded?
SaverLife was founded in 2015. It employs 11 to 50 people.
Where is SaverLife based?
SaverLife is headquartered in San Francisco, United States, in the North America region.
How does SaverLife make money?
One revenue line is on record: philanthropic Funding and Grants.
Who are SaverLife's main competitors?
Direct peers on record are Commonwealth, GreenPath Financial Wellness, Money Management International (MMI), LearnLux, Financial Finesse, Enrich Financial Wellness and SecureSave. Financial Health Network is listed as a broad incumbent. Emerging players are Possible Finance and Earnin.
Does SaverLife have an API?
No public API is recorded for SaverLife.
What industry is SaverLife in?
SaverLife's product category is Consumer Financial Wellness Services. Its primary akta.pro industry code is FSAGADAC, Savings Automation & Goal-Based Savings, with a secondary code of FSAGADAA, Budgeting & Cash-Flow Management. Its NAICS code is 52.