Payments, rounding and technology. It's in our DNA.
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 experience, Olive’s vision to power positive financial behaviors for consumers everywhere was born.
Today, Olive is a world-class payments-driven technology offering Financial Empowerment as a Service. It is about to power purchase-driven deposits into savings, investment and donation accounts for partners who themselves service over 50 million people.
