About The Savings Group
The Savings Group is a company based in Denver (United States) founded in 2021 by Seth Meyer and Jeff Hutcheson. It operates as a Brokerage / Intermediation. The Savings Group has completed 1 acquisition, including Tresl Auto Finance. The Savings Group offers products and services including Vehicle Finance, Vehicle Refinance, and Protection Plans.
- Headquarter Denver, United States
- Founders Seth Meyer, Jeff Hutcheson
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Sectors
Financial Services
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Phone
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Website
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Social
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- Legal Name The Savings Group, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
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Employee Count
Employee Count
- Investments & Acquisitions
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Products & Services of The Savings Group
The Savings Group offers a comprehensive portfolio of products and services, including Vehicle Finance, Vehicle Refinance, and Protection Plans. 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.
Vehicle financing solutions are provided for car purchases.
Refinancing options are offered for existing car loans.
Protection plans are available for vehicle finance customers.
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Funding Insights of The Savings Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by The Savings Group
The Savings Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Tresl Auto Finance. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Tresl Auto Finance is engaged in providing auto financing solutions.
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2007 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - The Savings Group
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
The Savings Group Comparisons
Competitors of The Savings Group
| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 The Savings Group
Frequently Asked Questions about The Savings Group
When was The Savings Group founded?
The Savings Group was founded in 2021.
Where is The Savings Group located?
The Savings Group is headquartered in Denver, United States. It is registered at Denver, Colorado, United States.
Who is the current CEO of The Savings Group?
Seth Meyer is the current CEO of The Savings Group. They have also founded this company.
What does The Savings Group do?
The Savings Group is involved in creating a digital ecosystem that connects financial institutions with borrowers seeking automotive finance solutions. Operations are focused on vehicle finance, refinancing, and protection plans through a scaled digital platform. Market insights are utilized to empower lenders in growing their car loan business. Consumer brands such as AUTOPAY, RateGenius, and Tresl are operated to cover the full spectrum of automotive finance needs, including new car purchases, refinancing existing loans, and lease buyouts at competitive rates.
What products or services does The Savings Group offer?
The Savings Group offers Vehicle Finance, Vehicle Refinance, and Protection Plans.
How many acquisitions has The Savings Group made?
The Savings Group has made 1 acquisition, including Tresl Auto Finance.