SaveUp Announces Financial Wellness Partnership With Purchasing Power
Purchasing Power sought Financial Wellness Model
Lake Forest, IL, September 1, 2015 (Newswire.com) - SaveUp, Inc. (www.saveup.com), the country’s only financial wellness gaming application that offers cash rewards, announced that it will be partnering with Purchasing Power, LLC, to accelerate the path towards financial freedom for millions of Americans. SaveUp will be offering free SaveUp points to those who utilize the unique financing program Purchasing Power offers, to reward them for financial responsibility.
“I am very excited to announce our partnership with Purchasing Power,” says Paul J. Burt, SaveUp’s CEO and President. “We have long admired Purchasing Power’s unique business model and approach to the employee benefit space. We see SaveUp’s gaming application as a compliment to the services that Purchasing Power currently offers.”
Purchasing Power shares SaveUp's philosophy of helping clients' employees succeed financially. In formulating our holistic approach to a financial wellness platform offered alongside our employee purchase program, partnering with SaveUp's innovative saving and debt reduction incentive program was the right strategic decision for our clients and customers.
Richard Carrano, Purchasing Power's President/CEO
SaveUp will be offering 500 free rewards points to members of Purchasing Power who sign up through SaveUp.com/PurchasingPower. The members will also be rewarded with points for saving money and paying down debt. These points are used to play games and win cash, including a $2M drawing each month.
“Purchasing Power shares SaveUp’s philosophy of helping clients’ employees succeed financially. In formulating our holistic approach to a financial wellness platform offered alongside our employee purchase program, partnering with SaveUp’s innovative saving and debt reduction incentive program was the right strategic decision for our clients and customers,” said Richard Carrano, Purchasing Power’s President and CEO.
Positive Customer Impact
SaveUp has helped Americans save over $700 million and pay down over $1 billion in debt. SaveUp has also given away $5,000 prizes within the past two months, as well as many other smaller cash prizes. SaveUp is excited to give away more cash to Purchasing Power members who are bettering themselves financially.
“We recognized that our vision was aligned with Purchasing Power and would allow us another avenue to reward responsible financial behavior. Their program offers clients the opportunity to finance necessary purchases that wouldn't be available to them otherwise. Our goal, by offering SaveUp points to these clients, is to encourage the behavior that will steer them down the path to a healthy financial future, which involves paying down debt and increasing their savings,” states Kian Sarresteh, SaveUp’s Vice President of Client Solutions.
About SaveUp
Founded in 2011, SaveUp, Inc., is the nationwide leader in Financial Wellness Gaming Applications. The company offers services designed to improve users' fiscal outlook by rewarding them with points, to use on instant-win games and cash drawings, when they pay their usual monthly financial obligations and/or make deposits to savings accounts or 401k plans. There is no cost to be a member of SaveUp, which is available for download to the public in the Apple Store. SaveUp can also be easily accessed at SaveUp.com for those who do not wish to access their SaveUp accounts via our iPhone application.
For more information, press only:
Kian Sarreshteh, Vice President of Client Solutions
Kian@saveup.com
www.SaveUp.com