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Digit is an automated savings tool with a SMS interface that uses an intelligent algorithm to identify small amounts of money that can be moved into a Digit account based on spending and income.


Digit is an automated savings tool that identifies and transfers small increments of money within checking accounts to savings using an algorithm that evaluates spending habits and available cash flows. 


Adults under the age of 35 have a savings rate of -2%. What’s more, as much as three-quarters of the U.S. adult population lives paycheck -to -paycheck. In other words: People simply aren’t saving.


Digit tracks users’ spending patterns and income, making small automatic transfers to a separate account for them. The app:

  • Operates and communicates with users entirely through text messaging. 
  • Helps users save an average of 3-5% of their annual income. 
  • Provides users earning an average of $50,000 per year an average of $1,600 in savings.  
  • Has saved users over $1 million a month in overdraft fees since offering overdraft protection.


Saving is one of the four key components of financial health. Digit believes building good saving habits can be fun, simple, and automated.

What They Do

Makes Savings Easy and Fun

Team Members

Ethan Bloch
Ethan Bloch
Co-Founder & CEO




San Francisco, CA



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