History

We launched as a business-to-consumer product under the brand SmartyPig in 2008, and our company quickly became the gold standard in online goal savings, providing social networking and electronic verification capabilities to financial services companies in the U.S. and abroad.

Now our system, based on proprietary, patent-pending technology and featuring the latest in security standards, has been modified to create a scalable and customizable application for goal savings.

Under the brand Social Money, we help financial institutions, leading merchants, and a host of other industries, leverage social media to create a customized, bank-audited user experience for Gen Y.

Our product, GoalSaver, helps companies increase customer engagement, cross-sell additional products, create new revenue streams, and drive brand awareness — all for a fraction of the cost of a new program.

Team

Scott McCormack

Scott serves as our company’s President. He has more than 20 years of experience as a financial and payments executive as a senior director at First National Merchant Solutions, First National Bank and First Data.

Michael Ferrari

Michael heads up both internal and external design and innovation for the company. He has more than 15 years of entrepreneurial experience in developing strategic marketing and technology initiatives on behalf of Fortune 500 companies.

Jon Gaskell

Jon is responsible for new business development for GoalSaver, international research, and maintaining relationships with our partners and customers. He also serves as the company’s spokesperson. Contact him here.

Dan Schulz

Dan manages the programming and development teams. He has more than 20 years of information systems experience with a focus on large-scale software development projects in the insurance, healthcare and financial services industries.

Sean McMurray

Sean is the chairman of our company.  He is the founder and director of DataVision, Inc., which provides security and infrastructure for financial and technology related institutions. DataVision was sold to Equifax in 2011.

Products

SmartyPig

SmartyPig is a free online piggy bank for people saving for specific financial goals like a wedding, a vacation or a flat-screen TV. Even if your goal is saving for a rainy day, SmartyPig is here to help you reach that goal faster and give you the most money for your money when you get there. Click here to learn more.

PhilanthroPig

PhilanthroPig is a fundraising platform for nonprofit organizations that helps turn advocates into fundraisers by leveraging easy-to-use social media tools. With no monthly or annual fees, this bank-level secure site will provide a completely customizable and cutting edge experience for any size organization through ACH abilities, mobile capabilities and social media sharing. Click here to learn more.

Press Releases

1/16/2012
SmartyPig,LLC Announces New President pdf

2/1/2012
SmartyPig Announces New Corporate Name "Social Money Systems"; New GoalSaver Product pdf

2/14/2012
Social Money Systems Continues Expansion; Opens Office In India pdf

Careers

Social Money is building a team of creative, smart, startup-centric developers and marketing experts who can take a concept and run with it in what we call "the hip side of the financial services industry." Sound like something you might be interested in? E-mail your resume to  jobs@socialmoney.com.

Available Positions

Social Money does not accept resumes from group contracting firms or recruitment agencies. Please do not forward such resumes to our jobs e-mail address, current employees, or to any other company location. Social Money is not responsible for any fees related to unsolicited resumes. A thorough background check is required to be considered for employment at Social Money. Social Money is an Equal Opportunity Employer (EOE).

Contact Us

For more information, please visit our Contact Us page.