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**The claim that some Currence clients’ savings rate can be up to 6x the national average is based on a comparison between the average savings rate of certain Currence clients meeting specific criteria and the national average savings rate as reported by the Federal Reserve Economic Data (FRED) site.

National Average Savings Rate: According to the FRED data, the national average personal saving rate as of Sep 2024 is 4.6%. This rate is calculated as the ratio of personal saving to disposable personal income (DPI), where personal saving is defined as personal income less personal outlays and personal taxes.

Currence Savings Rate: The savings rate for Currence clients is calculated as the ratio of net cashflow to inflows, where net cash flow is defined as inflows less outflows across a sample that includes clients who have been actively using the platform more than 365 days as of November 14, 2024, and have annual inflows greater than $40,000 (32% of all Currence users). This group of Currence clients have an average savings rate that is 23.6% as of November 14, 2024.

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Creating Client Confidence

Achieve Scale by Minding the Gap

The Missing Component as a LEAPer