Powering positive financial behaviours for consumers everywhere.
Our mission
Olive’s mission is to help individuals start healthy financial behaviours that have long-term, lasting impacts.
We work with enterprise clients who are looking for ways to help their customers achieve their goals with respect to saving, investing and donating to charitable causes.
Image by Nattanan Kanchanaprat.
Our story
Founded in 2018, the vision for Olive began with founder Dave Beaton who is a pioneer in the payment rounding space. Over the past decade, Dave built rounding platforms for BMO, RBC and many credit unions. Since incorporating, Olive has secured IP, large B2B partners, influential advisors along with a passionate group of Board members.
As a team, we have set out to build Olive as a Financial Technology (“Fintech”) company focused on getting more people to start giving or to start saving for their future as a function of their daily spending.
With reports of personal savings shrinking, and strong indicators that millennials are spending more than they are saving (41% of people aged 20 to 36 have $0 in savings) it means there is an opportunity to help everyone take those first steps towards their financial goals.
From this Olive’s vision to power positive financial behaviours for consumers everywhere was born.
Today, Olive offers a world-class Card-Linking-as-a-Service (“CLaaS”) that is about to power the rounding of purchase transactions into savings, investment and donation accounts for partners who themselves service over 50 million people.
Our Platform
Olive delivers powerful tools for your customers to harness their everyday spending behaviours and to accelerate contributions towards their goals. Each is powerful alone, but better together.
Purchase Rounding
Cashback Rewards
Delivers new revenues for you and cash for your customers with hundreds of card-linked offers from national and local merchants.
Network Contributions
Give your customers the ability to include their family and friends towards reaching their saving, investing, and donating goals.
Corporate Matching
Enable you and your commercial partners to connect with customers by helping them to accelerate their personal goals.
Our Ecosystem
Team
We have over 25 team members, advisors and board members dedicated to the growth and success of Olive and our ecosystem.
Merchants
Our merchant team has relationships with over 20,000 national and local merchants from the United States and Canada and is ever growing.