SavvyMoney Raises $225 Million to Expand Financial Wellness Platform

November 03, 2025
SavvyMoney has secured a $225 million minority investment co-led by PSG and Canapi Ventures, with participation from Spectrum Equity, to accelerate product development and growth across its network of financial institutions.

Financial wellness platform SavvyMoney has raised $225 million in a minority investment co-led by PSG Equity and Canapi Ventures, with continued participation from Spectrum Equity, announced in a press release.

The new funding will support SavvyMoney’s product roadmap and go-to-market initiatives, aiming to enhance its services for over 1,500 partner financial institutions. The company’s platform integrates real-time credit score monitoring, financial wellness tools, and analytics with lending and deposit solutions.

PSG, which manages around $28 billion in assets, said it plans to help SavvyMoney scale its embedded financial wellness and lending tools while advancing AI-driven capabilities. Canapi Ventures, whose limited partners include more than 70 financial institutions, is contributing its expertise in financial services innovation.

Spectrum Equity, an existing investor since 2021, also returned for this round. SavvyMoney’s partner network has nearly doubled since 2021, supported by acquisitions such as CreditSnap, which powers its loan origination and account onboarding products.

We hope you enjoyed this article.

Consider subscribing to one of our newsletters like AI Funding Brief or Daily AI Brief.

Also, consider following us on social media:

AI Funding News AI Brief AI Brief (X)

More from: Funding

11/03
Finster AI Raises $15 Million to Expand Financial Intelligence Platform
11/03
Commvault Surpasses $1 Billion in Annual Recurring Revenue
11/03
Sublime Security Raises $150M Series C to Expand AI Email Defense Platform
11/03
Fireworks AI Raises $250 Million, Reaches $4 Billion Valuation
11/03
Tencent Names 50 Global Finalists for CarbonX 2.0 Climate Tech Program

Subscribe to AI Funding Brief

AI Token Webinar

Whitepaper

Governing the Future: A Strategic Framework for AI Adoption in Financial Institutions

This whitepaper explores the transformative impact of artificial intelligence on the financial industry, focusing on the governance challenges and regulatory demands faced by banks. It provides a strategic framework for AI adoption, emphasizing the importance of a unified AI approach to streamline compliance and reduce operational costs. The document offers actionable insights and expert recommendations for banks with fewer than 2,000 employees to become leaders in compliant, customer-centric AI.

Read more

You May Also Like