Funding Details
- Awarder
- PlugAndPlayTechCenter
- Date Award
- May 15, 2024
- Funding URL
- View Funding Page
Company Info
- Company Description
- Wellthi is a B2B2C embedded social finance software designed to help institutions increase the LTV of customers by turning each customer into a community of customers. Think: virtual branch manager. They offer white-label, customizable smart social banking wallets, apps and cards designed to help banks and credit unions leverage the power of online communities, peer pressure and collective financial goals to attract and retain customers, cultivate financial health, and create lending opportunities. wellthi is disrupting the disruptors.
wellthi is Modernizing Social Finance Traditions:
- Households worldwide have been using social banking for centuries
- Multicultural communities have strong roots and trust in social banking
- The default rates in informal savings groups are less than 1%*
- Inspired by informal social finance traditions, wellthi couples peer accountability + social networking with the best of word of mouth to help institutions deepen customer relationships
Links