About SAVii
SAVii is a company based in Makati (Philippines) founded in 2017 by Benoit Portoleau Balloy and Liam Grealish was acquired by GoTyme Bank in May 2024.. The company has 34 employees as of April 07, 2024. SAVii offers products and services including Salary Loans, Free Insurance, and Savings Account. SAVii operates in a competitive market with competitors including Cashalo, Binixo, BADEVCO and VXI PH, among others.
- Headquarter Makati, Philippines
- Employees 34 as on 07 Apr, 2024
- Founders Benoit Portoleau Balloy, Liam Grealish
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Sectors
Business ServicesFinancial Services
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Phone
*********
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Website
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Social
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- Legal Name Savii New Cross Technology Private Limited
- Date of Incorporation 12 Nov, 2021
- Jurisdiction Dlf Qe, Haryana, India
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Annual Revenue
$1.77 M (USD)1532299.64as on Mar 31, 2023
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Net Profit
$7.17 K (USD)131.98as on Mar 31, 2023
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EBITDA
$5.65 K (USD)125.08as on Mar 31, 2023
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Latest Funding Round
$15 M (USD), Debt – Conventional
Apr 21, 2021
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Investors
Lendable
& 1 more
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Employee Count
34
as on Apr 07, 2024
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Acquired by
GoTyme Bank
(May 07, 2024)
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Products & Services of SAVii
SAVii offers a comprehensive portfolio of products and services, including Salary Loans, Free Insurance, and Savings Account. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Loans with low interest rates linked to salary for easy repayments
Personal accident coverage provided at no cost
Account with low deposits and convenient withdrawal options
Funding Insights of SAVii
- Total Funding Total Funding
- Total Rounds 1
- Last Round Debt – Conventional — $15.0M
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First Round
First Round
(21 Apr 2021)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr, 2021 | Amount | Debt – Conventional - SAVii | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SAVii
SAVii has secured backing from 2 investors, including institutional investors. Prominent investors backing the company include Lendable and GoTyme Bank. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Personal loans are enabled via an online P2P marketplace.
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Founded Year | Domain | Location | |
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Digital banking app providing savings, investments, payments, and rewards services.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SAVii
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SAVii
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Savii Comparisons
Competitors of SAVii
SAVii operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Cashalo, Binixo, BADEVCO and VXI PH, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Short-term payday loans are provided via a mobile app.
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| domain | founded_year | HQ Location |
Acts as a direct lender for payday loans.
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| domain | founded_year | HQ Location |
Functions as an online platform for payday loans services.
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| domain | founded_year | HQ Location |
Delivers comprehensive employee benefit services.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Savii
Frequently Asked Questions about SAVii
When was SAVii founded?
SAVii was founded in 2017 and raised its 1st funding round 4 years after it was founded.
Where is SAVii located?
SAVii is headquartered in Makati, Philippines. It is registered at Makati, National Capital Region, Philippines.
Who is the current CEO of SAVii?
Liam Grealish is the current CEO of SAVii. They have also founded this company.
How many employees does SAVii have?
As of Apr 07, 2024, the latest employee count at SAVii is 34.
What is the annual revenue of SAVii?
Annual revenue of SAVii is $1.77M as on Mar 31, 2023.
What does SAVii do?
SAVii was founded in 2017 and is headquartered in Makati, Philippines. Salary-linked wellness services are delivered through a 360-degree platform to HR leaders in enterprise companies. Personal and professional development of team members is supported, with operations focused on the employee wellness sector across Asia. Engagement levels within organizations are addressed through these integrated services.
What products or services does SAVii offer?
SAVii offers Salary Loans, Free Insurance, and Savings Account.
Who are SAVii's investors?
SAVii has 2 investors. Key investors include Lendable, and GoTyme Bank.
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