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Data Center News > Blog > Investments > SavvyMoney Acquires CreditSnap
Investments

SavvyMoney Acquires CreditSnap

Last updated: May 12, 2025 3:28 pm
Published May 12, 2025
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SavvyMoney, a Dublin, CA-based supplier of monetary wellness instruments and personalised mortgage choices, acquired CreditSnap, a San Antonio, TX-based fintech resolution supplier.

The quantity of the deal was not disclosed.

With thee acquisition, monetary establishments will provide an end-to-end expertise by leveraging SavvyMoney’s demand-generation capabilities along with CreditSnap’s versatile integration course of.

Led by CEO Deepak Polamarasetty, CreditSnap is a supplier of a deposit account opening and lending FinTech platform that enables clients to open accounts immediately and apply for loans with out credit score impression.

Its advantages embrace:

  • The mixing with greater than 73 mortgage origination, core and digital banking programs.
  • Mortgage utility time might be lowered from 12 minutes to as little as 2 minutes.
  • Monetary establishments have reported a 20–40% improve in mortgage quantity and deposit funding charges as excessive as 78%.

Led by CEO and President JB Orecchia, SavvyMoney is a supplier of credit score rating options, extending its attain to over 1,460 banks, credit score unions, and fintechs nationwide. The synergy of real-time information and superior digital personalization and advertising instruments defines its choices, integrating with greater than 40 digital banking platforms.

FinSMEs

12/05/2025

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See also  Applexus Acquires Absoft
TAGGED: acquires, CreditSnap, SavvyMoney
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