We selected Live.Give.Save. because of its unique business model, its mission to create greater good through mobile technology, and its ability to generate value for all parties.
RED WING, Minn. and CHARLOTTE, N.C. (PRWEB) March 19, 2018
Live.Give.Save., a women-owned fintech startup headquartered in Red Wing, Minnesota, has been selected as one of only ten startups – from nearly 150 applications from 18 countries and 20 states – to participate in the Queen City Fintech Spring Cohort in Charlotte, NC. The twelve-week accelerator program begins work with Class 8 on March 26, concluding with Demo Day June 13. (See Queen City Fintech news release.)
Queen City Fintech is a year-long accelerator program. The first twelve weeks take place on-site in Charlotte and are designed to mature post-revenue startups through intense mentorship from leading banking executives, business development professionals, venture capitalists and attorneys, among others in the city’s robust business community. Accepted companies also receive a $20,000 capital infusion from the program with the potential for follow-on funding for the top performers in the program.
“We selected Live.Give.Save. because of its unique business model, its mission to create greater good through mobile technology, and its ability to generate value for all parties. Our judges especially liked their approach to connecting users to their causes and enabling group giving, thereby accelerating impact and social good,” says the accelerator’s cofounder, Dan Roselli.
Live.Give.Save. has a mission to make the world better — one community, one person, one transaction at a time — by transforming spending for good so that every dollar spent is an investment in self and a better world. With access to more than 1.5 million accredited nonprofits, its newest app – spave® – empowers people to use everyday spending to save for themselves and give to causes they care about, without changing the way they live. The result is a new level of control, convenience and choice for the consumer, and transformative good for the world in the palm of their hand. Currently in a controlled beta with global footwear giant Red Wing Shoes, Live.Give.Save. will debut spave® at FinovateSpring in May in Santa Clara, CA and will be available to download in the iOS App Store in June.
“We partnered with NIIT Technologies, a seasoned global technology company, to develop our dynamic interface because of the depth and breadth of their experience, expertise in financial services, cyber security, data analytics through its business intelligence as a service, Digital Foresight®, and global reach,” noted LGS founder, Susan Langer.
“NIIT Technologies immediately saw the vision and market potential of Live.Give.Save., which aligns perfectly with our corporate growth strategy within the financial services industry,” stated Sudeep Nadkarni, head of banking and financial services, NIIT Technologies.
Headquartered in Red Wing, Minnesota, Live.Give.Save. (LGS) is a women-owned #fintech company founded in 2016. Its proprietary technology platform and process solves challenges with balancing spending, saving and giving habits for consumers (particularly millennials) using cutting-edge mobile technology. It is designed for users, by users, to help financial institutions and nonprofits better engage with their constituents (customers, contributors and community). The mission of LGS is to make the world better — one community, one person, one transaction at a time — by transforming spending for good so that every dollar spent is an investment in an individual and a better world. With access to more than 1.5 million accredited nonprofits, its newest app – spave® – empowers people to use everyday spending to effortlessly save for themselves and give to causes they care about, without changing the way they live. See video.
About NIIT Technologies
NIIT Technologies is a leading global IT solutions organization servicing customers across the Americas, Europe, Asia and Australia. Differentiated on the strength of its industry expertise, it offers a range of services including Application Development and Maintenance, Infrastructure Management, and Business Process Management. In the UK, the company engages with the Lloyds and London Market through its highly specialized subsidiary NIIT Insurance Technologies Ltd., offering solutions around its industry leading platforms. Focused on digital services, the company is helping businesses design agile, scalable and digital operating models. NIIT Technologies adheres to major global benchmarks and standards of quality and information security. For further information, please visit http://www.niit-tech.com.