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Debbie

Debbie is the first app to offer cash rewards for meeting financial goals and paying off debt. Active Debbie users earn $50 in the first 3 months - join today...

Debbie

Debbie is the first app to offer cash rewards for meeting financial goals and paying off debt. Active Debbie users earn $50 in the first 3 months - join today for free.

General information

Firm type

other

Year founded

AUM

Undisclosed

Location

Region

Country

City

Corporate office

Sector focus

FinTech

Frequently asked questions

How does Debbie make money if it is free for users?

Debbie generates revenue two ways. Financial institutions pay the firm a fee to sponsor the consumer experience, and Debbie earns referral fees when a user opens a recommended financial product such as a lower-rate personal loan. The company's website states that users must open a free account with a sponsor institution to unlock rewards.

What financial behaviors does Debbie reward?

Debbie rewards users for completing psychology-based financial education modules, meeting debt-paydown targets, and hitting savings milestones. The platform also tracks eligible transactions through connected bank accounts and awards points that can be redeemed for cash once $50 in rewards is accumulated.

Who backs or sponsors Debbie's rewards program?

The firm discloses that its cash rewards — over $2.3 million distributed to date — are sponsored by undisclosed partner banks and credit unions. These sponsors underwrite the user experience in exchange for exposure and new-account openings facilitated through the app.

Is Debbie a lender or an investment platform?

No. Debbie is not a direct lender, investment manager, or financial advisor. It is a behavior-change platform that connects users to third-party financial products — such as Acorns for retirement savings — and facilitates rate-shopping for personal loans, with compensation from the product providers.

What impact has the app shown on user financial health?

According to the firm's published claims, Debbie users have paid off three times more debt than the average borrower and save approximately $100 per month on average. Several user testimonials on the company's site also report significant credit-score improvements, including one user citing a nearly 80-point increase.

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