How they describe themselves: InSpirAVE’s platform inspires people to multiply their savings and fulfill big purchase-goals for life’s special moments — at a time when 30% of consumer purchases are regretted and nearly 1/2-of-us live paycheck-to-paycheck, InSpirAVE’s solution has been cited as a revolutionary “Layaway on Steroids”. Our proprietary Internet-of-Savings® platform empowers users to make responsible purchase-decisions, create personalized financial-plans, and amplify their savings to fulfill purchase-goals end-to-end, without exorbitant debt. Partnering merchants and banks benefit from expanded, engaged customer relationships. Recognized as a Top fintech venture presenting at SXSW in 2016, our Social Impact Mission to #SaveForWhatMatters is part of InSpirAVE’s overall product roadmap to democratize Creation and Capture of Value across P2P networks at scale.
How they describe their product/innovation: The InSpirAVE Internet-of-Savings® platform makes it as easy as 1/2/3. Step 1: Discover merchandise available on our platform from participating Merchants and get objective advice from friends-and-family to make responsible purchase-decisions. Step 2: Create a personalized Savings plan which is multiplied by interest-income, best-offers from merchants, and monetary contributions from friends-and-family. Step 3: Monitor progress towards purchase-goal fulfillment facilitated by our embedded payments-hub capable of both p2p & merchant payments.
No other platform unifies the siloed path-to-purchase InSpirAVE’s patent-pending technology does. The result? Users fulfill their important goals by #SavingForWhatMatters, rather than overly relying on debt or relinquishing the goal as out-of-reach.