The Technology team guided SavvyMoney on a $225 million minority investment co-led by PSG and Canapi Ventures, with continued investment from Spectrum Equity. The investment will accelerate SavvyMoney’s product roadmap and go-to-market investments, enabling the company to better serve its core community of over 1,500 financial institutions. The investment brings together two firms whose combined expertise position SavvyMoney for its next chapter of growth.
SavvyMoney is an industry leader in financial wellness and growth solutions, extending its reach to over 1,500 banks, credit unions, and fintechs nationwide. The synergy of real-time credit data and advanced digital personalization and marketing tools defines SavvyMoney’s offerings, seamlessly integrating with more than 40 digital banking platforms. What sets SavvyMoney apart is not just its innovative technology but also its hands-on service, coupled with a resolute commitment to assisting financial institutions in fortifying and enriching their consumer relationships.
The Goodwin deal team was led by John Casnocha, Arman Carretta, Ashley Smith, Michael Homer, Aoife Devereux, and Christian Golden.
For more information on the deal, please read the press release.