Savii Company Profile

Background

Overview

Savii is a financial technology company specializing in salary-linked financial wellness solutions for employees. Founded in 2017 as Uploan, the company rebranded to Savii in 2020. Headquartered in Makati City, Philippines, Savii partners with employers to integrate financial services directly into payroll systems, aiming to enhance employee financial well-being and productivity.

Mission and Vision

Savii's mission is to make financial wellness a standard in every workplace by supporting employees in building long-term financial stability at no cost to the employer. The company's vision is that in emerging markets, where vast populations remain unbanked, salary-linked finance will become the largest and safest path to financial inclusion.

Industry Significance

Operating within the fintech sector, Savii addresses the critical need for accessible and affordable financial services in emerging markets. By integrating financial solutions with employers' payroll systems, Savii provides employees with reliable financial assistance, reducing reliance on informal lenders and promoting financial literacy.

Key Strategic Focus

Core Objectives

Financial Inclusion: Provide accessible financial services to employees in emerging markets, promoting financial stability and inclusion.

Employer Partnerships: Collaborate with employers to integrate financial wellness programs into their benefits offerings, enhancing employee engagement and retention.

Areas of Specialization

Salary-Linked Loans: Offer personal loans with interest rates starting as low as 0.5% and flexible repayment terms up to 60 months, repaid directly through automatic salary deductions.

Free Insurance: Provide complimentary insurance coverage to employees, enhancing their financial security.

Financial Education: Deliver financial literacy programs to empower employees in managing their finances effectively.

Key Technologies Utilized

Payroll Integration: Seamlessly integrate financial services with employers' payroll systems to facilitate efficient loan disbursement and repayment.

Digital Platforms: Utilize mobile applications and online platforms to deliver services and educational content to employees.

Primary Markets Targeted

Philippines: Serve over 150 corporate partners, including major employers like Concentrix, providing financial wellness solutions to more than 500,000 employees.

Asia: Expand services to other emerging markets in Asia, aiming to replicate the success achieved in the Philippines.

Financials and Funding

Funding History

Total Funds Raised: Approximately $25 million.

Recent Funding Rounds:

Equity Offering (April 2025): Targeted $1 million, with $200,000 raised to date.

Notable Investors

Lendable Inc.: Provided up to $15 million in funding in November 2021.

JG Summit and Tyme Group: Acquired Savii in May 2024, signaling strong investor confidence.

Utilization of Capital

Product Development: Enhance and expand financial wellness offerings.

Market Expansion: Extend services to additional markets within Asia.

Operational Scaling: Strengthen infrastructure to support a growing customer base.

Pipeline Development

Key Pipeline Candidates

Salary-Linked Loans: Continue to refine and expand loan products to meet diverse employee needs.

Insurance Products: Develop additional insurance offerings to provide comprehensive financial protection.

Financial Education Programs: Enhance educational content to improve financial literacy among employees.

Stages of Development

Product Refinement: Ongoing enhancement of existing products based on user feedback and market trends.

Market Testing: Pilot programs in new regions to assess product viability and customer acceptance.

Target Conditions

Financial Stress: Alleviate financial burdens faced by employees through accessible financial solutions.

Financial Literacy: Address gaps in financial knowledge to empower employees in managing their finances.

Anticipated Milestones

Product Launches: Introduction of new financial products and services in the coming quarters.

Market Expansion: Entry into additional Asian markets within the next year.

Technological Platform and Innovation

Proprietary Technologies

Payroll Integration System: A proprietary system that seamlessly integrates financial services with employers' payroll systems, ensuring efficient loan disbursement and repayment.

Significant Scientific Methods

Data Analytics: Utilize data analytics to assess employee financial needs and tailor products accordingly.

Behavioral Science: Apply behavioral science principles to design financial education programs that effectively change financial behaviors.

Leadership Team

Executive Profiles

Liam Grealish: CEO and Founder. Experienced in fintech and financial services, leading Savii since its inception.

Benoit Portoleau: CPO and Co-founder. Expertise in product development and user experience, instrumental in designing Savii's offerings.

Javier Frassetto: CRO and Co-founder. Background in risk management and credit analysis, overseeing Savii's financial operations.

Key Contributions

Liam Grealish: Established Savii's mission and vision, driving the company's strategic direction.

Benoit Portoleau: Led the development of user-friendly platforms, enhancing customer engagement.

Javier Frassetto: Implemented robust risk management frameworks, ensuring financial stability.

Competitor Profile

Market Insights and Dynamics

Market Size and Growth Potential: The employee financial wellness market in Asia is expanding, driven by increasing awareness of financial health and employer responsibility.

Industry Trends: Growing adoption of fintech solutions for employee benefits, emphasis on financial literacy programs, and integration of financial services with payroll systems.

Competitor Analysis

Right Choice Capital: Focuses on providing financial wellness solutions to employees, similar to Savii's offerings.

First Circle: Offers business loans to SMEs in Southeast Asia, operating in a related fintech space.

Strategic Collaborations and Partnerships

Lendable Inc.: Provided significant funding, supporting Savii's growth and product development.

JG Summit and Tyme Group: Acquisition in May 2024, enhancing Savii's market presence and financial resources.

Operational Insights

Market Position: Savii holds a leading position in the Philippine market, serving over 500,000 employees across 150 corporate partners.

Competitive Advantages: Strong employer partnerships, comprehensive financial wellness offerings, and seamless payroll integration.

Strategic Opportunities and Future Directions

Strategic Roadmap

Product Diversification: Expand the range of financial products and services to meet evolving employee needs.

Geographical Expansion: Enter additional Asian markets, leveraging existing partnerships and infrastructure.

Technological Innovation: Invest in advanced data analytics and AI to personalize financial solutions and improve user experience.

Future Business Directions

Holistic Financial Wellness: Offer a comprehensive suite of services addressing all aspects of employee financial health.

Employer Engagement: Strengthen partnerships with employers to integrate financial wellness into broader employee benefits programs.

Opportunities for Expansion

Regional Growth: Capitalize on the growing demand for financial wellness solutions in emerging Asian markets.

Product Innovation: Develop new products tailored to specific employee demographics and financial challenges.

Positioning for Future Objectives

Savii's strong foundation in the Philippine market, coupled with strategic partnerships and a comprehensive service offering, positions the company to achieve its objectives of regional expansion and product diversification.