Sync Savings

🔄 ✨ ! We are going Live ! ✨ 🔄 🚀 What a busy launch week. It is so great to have coverage from our amazing partners at Griffin who power up our proposition. 🌟 'Griffin also recently partnered with Sync Savings, a startup focused on delivering savings products across a wide range of markets including lending, payroll, and wealth management.' 🌟 📈 We are thrilled to be working with Griffin and PayCaptain to be a part of the first interest-bearing payroll scheme and can't wait to continue doing exciting things! https://lnkd.in/gG99pmJd

🔄💰 Payroll Savings - The Ultimate Benefit 💰🔄 📉 30% of UK adults have no savings 🔄 Payroll savings provide users with an effortless and automated way to save. 💫 Building regular savings habits increases users confidence when managing money. Having a small savings buffer is proven to reduce stress and improve wellbeing. 💫 #uksavingsweek #payrollsavings #financialresiliance

📯📯📯 📯📯📯 BIG NEWS 📯📯📯 📯📯📯 ✨ 🏆 It's such a privilege to partner with our brilliant friends at PayCaptain and Griffin to roll out automated, interest bearing payroll savings 🏆 ✨ There's mounting evidence to support the vital importance of financial resilience for overall wellness - which is why we're super excited to be able to support this benefit as part PayCaptain's phenomenal employee offering! 👉 drop them a line to learn more about how your team can benefit 👈 #uksavingsweek #payrollsavings #financialresilience

💰=😊 Richer, Happier, More Productive 💰=😊 💫 The purpose of #uksavingsweek is to highlight the importance of savings and at Sync we recognise just how much of a difference they can make to people's lives. 🤸♂️ Even on lower incomes, regular savers have similar life satisfaction levels as richer non-savers. 📈 47% of non-savers were ‘mostly’ or ‘completely’ satisfied with their life, this rises to 63% among those saving £300-399 per month. 🛌 Regular saving is also linked to a higher quality of sleep. 🔄 Automated savings takes the cognitive load away from saving making it easier for employees to achieve financial resilience and become richer, happier and more productive! #financialresiliance #automatedsavings #payrollsavings Building Societies Association Report: Understanding the Role of Savings in Promoting Positive Wellbeing, 2024

💰💡UK Savings Week💡💰 📈 Today marks the beginning of #uksavingsweek 2024! We're excited to be supporting this nationwide campaign to get Britain saving. 💶 Our theme for UK Saver’s week is to ‘Invest in your happiness’ where we will be celebrating the link between cash savings and wellness. Those who save more: 💆♀️ have higher mental well-being scores 🌟 were more optimistic about the future 😊 were more satisfied with their life overall 🛌 and sleep better at night 🔁 Sync brings automated, regular, interest-bearing savings accounts to employee benefits/ payroll platforms, credit builders and fintechs. 🔁 💰We don't think there is a better employee benefit than savings! Report - https://lnkd.in/edwfNCWp #financialresilience #automatedsavings #payrollsavings #savenoybuylater

🤝 ❤️ We're really excited to be partnering with the Building Societies Association for #uksavingsweek - with levels of financial resilience at an all time low this message has never been more important! ❤️ 🤝 #financialresilience #payrollsavings #savenowbuylater #regularsavings #automatedsavings

👌❤️Employers are reporting that payroll savings can reduce the need for them to offer additional types of financial support, including loans and salary advances, that can require more intensive administration.❤️👌 https://lnkd.in/emDbZBh8

🌱 Partnerships between banks and fintechs are a cost-efficient approach to catalyse growth through increased deposits and accelerated innovation. 🌱 📈 Over half (51.3%) of sponsor banks' deposits and revenue come from embedded finance partnerships. 🚀 Innovation and customer acquisition are sponsor banks’ top motivators for seeking embedded finance partnerships: ✨ At Sync we can do both: ✨ 💡 We aim to solve the UK's regular savings problem through our innovative payroll savings solution. 💡 Alloy x FINTRAIL - State of Embedded Finance Report, 2024 #embeddedsavings #payrollsavings #fintech

💰 💫 Savings are ESSENTIAL 💫💰 💶 Nest Insight indicates that building a savings buffer of £1,000 reduces the likelihood of falling into problem debt by up to 44%. 💶 It’s estimated that: 📉 a quarter of adults in the UK have <£100 in savings. ❌ 26% of UK adults have no savings at all. Having even a small savings buffer can: 💆♀️ Improve wellbeing - (46%) of those not saving regularly report feeling anxious with regard to money. 🏦 Reduce problem debt - 3 million UK households may have borrowed from an illegal moneylender. Report - https://lnkd.in/eRK7T72t

✨ 🐶 Queso Chairing His Friday Debrief 🐶 ✨