Digit is a developer of a software application to enhance personal savings. The company provides a platform that connects with users' bank accounts, assesses income and spending and removes an affordable amount each week to savings.
Digit checks your spending habits and removes a few dollars from your checking account if you can afford it. It allows unlimited transfers, with no minimums or limitations on your withdrawals.
Digit was founded in 2013 by Ethan Bloch and is based in San Francisco, California, United States
Digit analyzes your spending and automatically saves the perfect amount every day, so you don't have to think about it.
Digit's technology combines machine learning and behavioral psychology to provide a financial assistant you can trust to work toward your goals while you spend your time and effort on what’s most meaningful in your life.
Digit is backed by leading investors such as General Catalyst, Ribbit Capital, Google Ventures, Freestyle Ventures, Citi Ventures and Financial Venture Studio. The company raised $27.5M from a latest "Series C" financing on Oct 1st, 2019. The round brings Digit's total funding to $63.8M to date.