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StepLadder Announces Strategic Partnership With Swedish Fintech Start-up Cirkly to Empower Community-based Savings in Sweden
StepLadder, a global pioneer in collaborative savings, is proud to announce its strategic partnership with Sweden-based company Cirkly. This cooperation will leverage StepLadderʼs extensive expertise in running Saving Circles (also known globally as ROSCAs – Rotating Savings and Credit Associations and hundreds of other names), to support Cirklyʼs mission of building and growing their community of collective savers and borrowers in Sweden.
Cirkly, Sweden’s first Savings Circle solution, is poised to transform how Swedes save and achieve their financial goals. In 2024, the new fintech joined accelerator and incubator programmes Connect Sverige and Founders Lo, secured more than 5 LOIs from open banking and KYC partners and launched its MVP app with more than 150 users on the waiting list to join real Circles.
“Collaborating with StepLadder shows our ambition and intent for Cirkly,” said Hatem, Co-Founder at Cirkly. “Together, we are creating opportunities for people to save, share, and succeed.”
Through this partnership, StepLadder will advise on market insights and localisation, support with go-to-market strategy, and share risk+regulatory+optimisation insights in supporting CIrklyʼs launch and scaling.
“Weʼre thrilled to partner with Cirkly to bring the benefits of Saving Circles to Sweden,” said Matthew Addison, CEO and Co-Founder at StepLadder. “This partnership highlights that StepLadder is more than just our Circles sowareplatform—weareatrustedpartner with deep expertise in building successful community-based savings ecosystems. Weʼre excited to implement proven strategies for managing and scaling Saving Circles.”
This partnership underscores Circles by StepLadderʼs commitment to expanding financial inclusion and empowering communities globally. By combining expertise and a shared vision for financial well-being, StepLadder and Cirkly aim to set a new standard for community-based finance in Sweden.
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