PSG and Canapi Ventures led a $225m minority investment in SavvyMoney.

PSG, a growth equity firm, and Canapi Ventures, a B2B software and financial technology venture and growth equity platform, led a $225m minority investment, with participation from Spectrum Equity in SavvyMoney, a provider of financial wellness and growth solutions. “We believe PSG and Canapi didn’t just see an investment opportunity. They saw a company that’s genuinely transforming how financial institutions connect with their customers. We’ve spent years proving that community banks and credit unions can deliver value-driving financial wellness tools when they have the right partner,” JB Orecchia, SavvyMoney CEO and President.