Saveup

SaveUp was a free financial management site and iOS app[2] that used prizes to incentivize Americans to save money and pay down debt.[3] The company was founded in 2011 by Priya Haji and Sammy Shreibati.[4] Haji died of a brain aneurysm soon after[5], and Paul Burt purchased the app in 2015.[6] It has partnered with the thinktank Filene Research Institute.[7] SaveUp raised $7 million in funding from BlueRun Ventures and True Ventures.[8]

SaveUp
Type of businessPrivate
Available inEnglish
HeadquartersLake Forest, Illinois
Area servedUnited States
Founder(s)Priya Haji
Sammy Shreibati
URLsaveup.com
Alexa rank 48,337 (April 2014)[1]
RegistrationRequired to play (United States,
LaunchedNovember 2011
Current statusBankrupt

Description

SaveUp monitors account balances in order to issue credits. Credits, similar to reward points, are awarded every time a user saves money or reduces debt, and can be used for the chance at cash and prizes.[9][10][11] It was listed as one of 2011's Top 100 websites by PCMag.[12]

Status

SaveUp Inc. filed for bankruptcy in the Northern District of Illinois on November 29th, 2017. [13]

gollark: Great!
gollark: It's over there.
gollark: Apart from the part which takes time it's instant, yes.
gollark: Still O(n) because of the sortedness check.
gollark: Not instantly. It's still O(n) due to the shuffle sadly.

References

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