SaverLife Acquires Onward Financial

May 18, 2021

SaverLife, a San Francisco-based nonprofit fintech, has signed a definitive agreement to acquire Onward Financial, a Washington D.C.-based nonprofit that provides an employer-sponsored mobile savings app. The deal expands SaverLife’s employer-facing emergency savings and payroll-integrated offerings and will combine Onward’s product experience with SaverLife’s rewards, incentives, and operations to scale impact with employers.

Buyers
SaverLife
Targets
Onward Financial
Location
District of Columbia, United States
Transaction Type
Buyout

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