Thriftplan provides customized saving plans as part of employee benefit programs, aiming to redefine social security in the region. The company focuses on empowering employees to achieve greater financial stability and security through its user-friendly mobile app, which allows employees to manage their savings contributions and portfolios conveniently
Thriftplan was established to address the gap in private retirement savings for Middle Eastern workers who lacked access to adequate employer-based retirement plans. The company has grown by leveraging innovative digital solutions to meet these needs, and it has been recognized for its impact, such as being declared a winner at the Harvard Arab Conference.
Thriftplan offers digital saving plans that include:
Customized Saving Plans: Tailored to match employee preferences and risk profiles, with options for Shariah-compliant funds.
Employer Matching: Encourages financial engagement by combining individual contributions with employer matching.
Thriftplan continuously updates its platform by incorporating user feedback, technological advancements, and regulatory requirements. This structured process ensures that the software remains relevant and effective in meeting user needs.
Thriftplan emphasizes a positive work environment and is passionate about empowering businesses, particularly startups and SMEs, with the right tools and resources. This approach aligns with Saudi Arabia’s Vision 2030 objectives, focusing on economic growth and job creation.
Thriftplan primarily targets businesses in the MENA region, offering solutions that cater to the specific needs of startups and SMEs. By providing flexible saving plans and financial awareness courses, Thriftplan aims to boost employee loyalty and productivity, thereby enhancing employer attractiveness and reducing turnover costs.
Thriftplan
By Thriftplan
