SOURCE: SaveUp, Inc.

SaveUp

June 13, 2013 08:03 ET

SaveUp Makes Clinton Global Initiative Commitment to Action to Help Americans Rebuild $5B in Assets

SAN FRANCISCO, CA--(Marketwired - June 13, 2013) -  SaveUp (www.saveup.com), a national online financial rewards program for saving and paying down debt, is excited to announce its Commitment to Action with the Clinton Global Initiative at this year's prestigious Clinton Global Initiative America (CGI America) meeting. Established in June 2011 by President Bill Clinton, CGI America is an annual event focused on finding solutions that promote economic recovery in the United States.

SaveUp has committed to helping Americans achieve $5 billion in asset growth, in savings deposits and debt payments, by December 2014. SaveUp also aims to reach over 250,000 more Americans and reward them for their financial progress as they recover from the recession. Since 2012, SaveUp users have deposited $486 million into savings and paid down $320 million in debt using SaveUp's innovative online platform, where they can register any account from over 19,000 financial institutions across the United States.

"Coming out of the recession, many Americans are feeling discouraged and daunted by the task of rebuilding their finances," explains CEO Priya Haji. "We built SaveUp to be an encouraging tool, particularly for tech-savvy Gen X and Gen Y, to help Americans stay motivated and achieve their financial goals in a fun and innovative way. We're honored and thrilled to participate in CGI America 2013 and are looking forward to building new partnerships with others who want to change the way we look at personal finance and economic recovery."

SaveUp aims to achieve the goals in their Commitment to Action by building new partnerships with financial institutions, media influencers, retail brands, and non-profit organizations to encourage more Americans to build better financial habits and take steps towards a brighter financial future.

About SaveUp

Founded in 2011, San Francisco-based SaveUp is the first free nationwide rewards program that uses behavioral economics and game mechanics to encourage Americans to save money, pay down debt and make positive financial changes. By partnering with major consumer brands and financial institutions, SaveUp gives users the opportunity to win exciting prizes for performing positive financial actions. Individual user information is secure on the site with bank level encryption. Intuit provides the back-end aggregation technology and SaveUp has completed a bank-level security audit. To get rewarded for your positive financial actions or to partner with SaveUp, please visit us at www.saveup.com

About CGI America

The Clinton Global Initiative (CGI), an initiative of the Clinton Foundation, convenes global leaders to create and implement innovative solutions to the world's most pressing challenges. Established in June 2011 by President Bill Clinton, the Clinton Global Initiative America (CGI America) addresses economic recovery in the United States. CGI America brings together leaders in business, government, and civil society to generate and implement commitments to create jobs, stimulate economic growth, foster innovation, and support workforce development in the United States. Since its first meeting, CGI America participants have made more than 200 commitments valued at $13.4 billion when fully funded and implemented. To learn more, visit cgiamerica.org.

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