SAVii
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SAVii - overview
Established
2017
Location
Makati, -, Philippines
Primary Industry
Financial Services
About
Based in Makati, Philippines, and founded in 2017 by CEO Liam Grealish, CPO Benoit Portoleau, and CRO Javier Frassetto, New Cross Credit And Financing Gate PH, Inc. doing business as Savii, operates as a fintech company providing payroll financial services such as salary loans, salary advance solutions, employee benefits, financial wellness, and savings accounts. In May 2024, GoTyme Bank Corporation, a portfolio company of Bank of the Philippine Islands, acquired Savii. Savii offers a variety of financial services including salary-linked loans with interest rates as low as 0.
5%, free personal accident insurance with COVID-19 coverage, and savings accounts with competitive interest rates. The company developed a platform, which offers educational resources, live webinars, and on-site engagement to promote financial literacy among employees. In addition, the firm partners with employees with loan repayments automatically deducted from salaries to avoid late payment penalties.
Primary Industry
Financial Services
Sub Industries
Consumer Finance, e-Financial, Insurance, Accounting/Finance Software
Website
www.savii.io/ph
Verticals
FinTech, FinTech, Mobile Apps
Company Stage
Series A
Total Amount Raised
Subscriber access only
SAVii - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on, LP Direct, Trade Sale | Completed | SAVii | - | ||||||||
| Private Debt | Completed | SAVii | - |
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