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Thursday, February 13, 2025
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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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