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SavvyMoney acquires integration solution CreditSnap to bring credit scores, personalization and fin literacy to more LoS platforms

May 14, 2025 //  by Finnovate

SavvyMoney announced its acquisition of CreditSnap, a fintech solution provider that powers intelligent integrations to digital loan, deposit and account onboarding solutions for banks and credit unions. With CreditSnap’s technology, we aim to strengthen our ability to work alongside existing LOS and account opening systems, delivering even greater value to our partners and their consumers. JB Orecchia, president and CEO of SavvyMoney said,  By combining SavvyMoney’s ability to drive high-intent demand with CreditSnap’s flexible integration solution, we’re delivering a comprehensive digital experience for both lending and deposit growth—one that works with, not against, their existing systems. Financial institutions can now offer a seamless, end-to-end experience by leveraging SavvyMoney’s demand-generation capabilities in conjunction with CreditSnap’s flexible integration process. From personalized credit insights to frictionless application and booking, allowing every integration to work with one unified platform. CreditSnap Key Benefits: The platform integrates with more than 73 loan origination, core and digital banking systems; Loan application time can be reduced from 12 minutes to as little as 2 minutes; Financial institutions have reported a 20–40% increase in loan volume and deposit funding rates as high as 78%

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Category: Members, Channels, Innovation Topics

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