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Dyme Launches its Text Message-based Savings Solution

Dyme Launches its Text Message-based Savings Solution

dymeThis post is part of our live coverage of FinovateFall 2015.

The founder of Dyme “pay yourself” is our next presenter.

Dyme is demoing its primary service, focusing on text message interactions with the user. These texts are designed to help the user make small, in-the-moment contributions that nudge the user into saving toward long-term goals and savings.

Presenter: Joseph Prather, founder

 

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Product launch: September 2015

Metrics: Raised ~$300,000 for beta test; 5 employees
Product distribution strategy: Direct to consumer (B2C); direct to business (B2B); through financial institutions

HQ: San Francisco, California
Founded: May 2014
Website: dyme.co
Twitter: @mydyme