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Accrue Savings
Get cash rewards when you save up for the things you love from your favorite brands
About Accrue Savings
Accrue Savings is a financial technology company that provides innovative payment solutions designed to help customers save and spend with their favorite retailers. Operating in the fintech market, Accrue Savings serves both consumers and merchants by offering a dedicated wallet that centralizes incentives, store credit, and deposits. This wallet is FDIC insured through Bangor Savings Bank, ensuring customer funds are protected. The business model revolves around deepening customer engagement and improving retention for retailers by offering a hub for savings and spending. Accrue Savings makes money through partnerships with retailers who benefit from increased revenue and customer loyalty. The company also offers tailored discovery acquisition programs and instant rewards on deposits, making it an attractive option for both consumers and merchants.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2021
- Headquarters
- New York City, United States
- Employees
- 40
- Open positions
- 7
- Dealroom signal
- 84.5/100
- Industry
- Fintech
- Sub-industry
- Payments, Financial Management Solutions
- Sector
- Fintech, Cashback, Pension and Savings
- Business model
- Marketplace & ecommerce
- Client focus
- b2b, b2c
Latest news
Press, funding announcements and product moves mentioning Accrue Savings.
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES BOther financing | Jan 2023 | $25M | $100M | Tiger Global · Red Sea Ventures · Michael G. Rubin · Maple VC | ↗ |
| SERIES AOther financing | Jan 2022 | $25M | $100M | Tiger Global · Red Sea Ventures · BoxGroup · Silas Capital | ↗ |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Accrue Savings is 12K monthly website visits, up 79.1% over the last three months. Accrue Savings's team grew 2.6% over the past year.
Open positions
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed8 investors entered at this stage
Red Sea Ventures
Gokul Rajaram
Ground Up Ventures
GoodFriends
Centre Street Partners
BoxGroup
Scott Belsky
Twelve Below
Series A7 investors entered at this stage
Tiger Global
Silas Capital
Michael Rubin
Aglaé Ventures
Maple VC
Michael G. Rubin
Cap Ventures
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Accrue Savings on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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