Canada: Thrive Savings launches in Canada

Thrive Savings, a Toronto based FinTech, has announced the launch of their financial wellness platform. The Thrive Savings app is now available on the Apple Store and Google Play Store in Canada.

The offering is targeted at businesses, allowing them to provide the platform to their employees, recognising the growing category of Canadian workers who live paycheck-to-paycheck, and helping them to break the pattern.

To access the platform, a unique code is generated for each organisation which is given to employees to enter in the app. From there, users can customize their savings goals.

Moreover, members can enter their work category, and Thrive automatically personalizes their savings amounts based on their job type, income, spending habits and earning profile. In addition, employers have the option to contribute towards their employees’ savings goals.

Jordan Wimmer, CEO and Founder of Thrive Savings, commented “Top companies get that it’s really a win-win. Employers gain happier, more productive employees, increased engagement and retention, and a decreased probability of departure... We’re enabling workplaces and organisations to facilitate the prosperity of their workforce with minimal setup and maximum result”.

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