About SaveAway®
SaveAway® is all about financial wellness! SaveAway® powers fulfillment of purchases without credit, debt or regret, while unlocking a wholly new channel for sellers – a radically new payments infrastructure platform, aligned with both buyers and sellers.
The patented social saving and retail e-commerce platform is an end-to-end ecosystem that fundamentally re-imagines retail e-commerce, unifying intelligent financial planning with the path-to-purchase.
Many acknowledge that banks, credit card issuers, and Buy Now Pay Later operators are exacerbating the personal debt crisis that many people face. Those who are willing to set aside the instant gratification that society seems to encourage, can use SaveAway® to buy what matters to them, while furthering their own financial wellness.
Cited for empowering users to access the advice of their trusted social network for purchase decisions, and to fulfill important purchases that may have been otherwise out of reach, by combining the social gifting from their trusted circle network, with the best savings offers from merchants and banks, and auto pay transfers into the secure SaveAway® wallet, which is held at an FDIC-insured banking partner.
Users access SaveAway® via a widget in one of our retail partners’ checkout flow or directly via our web app. While deciding what to purchase, users can solicit advice from their trusted circle. Once a user targets a purchase, they create a personalized saving plan that fits their resources, determining an amount to put in their wallet initially, then the amount they would like to contribute to the purchase weekly or monthly from their checking account or prepaid card.
The plan then automatically transfers those amounts each week or month. Should they choose to do so, members of the user’s trusted circle of advisers can contribute to the plan, decreasing the plan’s timeline. Once the user amasses the funds necessary for purchase, SaveAway® ensures delivery of the product.
Born of founder Om Kundu’s lived experience as a new arrival in the US, without credit or a credit rating, users regard SaveAway® as a valued resource and a partner to ensure no purchase-goal is out of reach.
Together, we are furthering a more perfect union by melding financial and social capital. #SavingForWhatMatters
Empowering Dreams with SaveAway®
"It's an honor unlike any other to be part of such a remarkably diverse and brilliant SaveAway® team on a mission that is as steadfast as it is audacious: expanding the frontiers of what's possible by empowering all to #SaveForWhatMatters."
Revolutionizing Savings with Social Design and Merchant Networks
"SaveAway®'s social design and merchant networks have not only enhanced the customer experience, but transformed outdated Savings accounts into something truly cool."
Transforming Financial Habits with an Emotive Approach
"SaveAway®'s emotive approach is refreshingly different in driving user's behavior to change the game between people and their accounts, between people and their money."
A Bold Solution to End Debt Dependency
"Of the people, by the network, for the savers: SaveAway® is a bold constitution by the founding folks with the potential to abolish the slavery of debt."