Startup of the Week - WeSavvy
by Startacus Admin
As we all know, tracking our personal fitness has become a huge thing for many of us in recent years. Whether it’s via a wearable device or an app on a smartphone, we’re becoming ever more focused on our daily activities and thereby monitoring how active a lifestyle we are leading...
Whilst the primary benefit for this is of course an improvement in our health, thanks to our latest Startup of the Week, such tracking could also serve to improve our finances.
Yep - you read that right - our finances.
WeSavvy is an innovative FinTech mobile app which is on a mission to ensure that our personal insurance policies go hand in hand with our personal fitness.
Here’s how it works:
Firstly download the WeSavvy app. Then you can sync it with your existing fitness device or app. Your walking, running or cycling is then monitored and the more steps you take, the more cash points and benefits you acquire. Those cash points can then be utilized to lower your insurance premiums.
In essence then, the more active you become, the more you will be rewarded financially.
It’s a win win then, wouldn’t you agree?
At the moment, WeSavvy is working in partnership with 4 leading insurance providers but as it develops, we envisage that so too will the number of financial partners it will have.
It’s pretty evident that fitness tracking is here to stay, so we reckon that any startup that seeks to innovate within that space is on to a winner.
WeSavvy - we’re loving your work…
If you're interested in finding out about other new and innovative startups, why not check out our previous Startup of the Week or perhaps check out how you can be considered for our next Startup of the Week.
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Published on: 29th March 2017
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