ecosystem / companies / thrive-savings

Thrive Savings

Thrive Savings was a Toronto fintech that helped young people save automatically and shop debt-free through a cashback rewards app. Co-founded in 2017 by Jordan Wimmer and backed by Techstars, it grew to 150,000 users and was named a US Top 100 Fintech to Watch before shutting down.

FintechTorontoFounded 2017
150Kusers at its peakFounder bio / Techstars

The people

What they build

Thrive Savings appA mobile app that helped users save toward goals and shop debt-free through cashback rewards.

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Working at Thrive Savings

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About

Thrive Savings was a Toronto consumer fintech founded in 2017 by Jordan Wimmer. Its mobile app let users set savings goals and earn cashback rewards to reach them, and it grew to about 150,000 users, earning a spot on a US Top 100 Fintech to Watch list. The company went through Techstars. It has since shut down; Wimmer publicly announced it was winding down and exiting the Canadian market. Wimmer used her February 2018 TechTO talk not to pitch the product but to share her own #MeToo story and press the audience to speak up about workplace harassment.

Backers

Techstars-backed. Thrive went through the Techstars accelerator and raised early-stage funding before winding down.

Quick answers

What did Thrive Savings do?

It ran a mobile app that helped young people save automatically toward goals and shop debt-free through cashback rewards. It reached roughly 150,000 users.

Who founded Thrive Savings?

Jordan Wimmer co-founded it in Toronto in 2017 and was CEO. She had previously been a banker in London and joined the early team at Long Game Savings.

Is Thrive Savings still operating?

No. The company has shut down; Wimmer publicly announced it was winding down and exiting the Canadian market.

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Maintained by TechTO · facts sourced and dated · last reviewed Jul 24, 2026