ST. LOUIS, MO, November 15, 2021/PRNewswire – SogoTrade, a digital brokerage subsidiary of Sogo Financial Group, Inc. (“Sogo”), has partnered with EvoShare, a microsavings-oriented FinTech startup based in Berkeley, CA, to bring cash-back savings opportunities to its customers.
“Cash-back offers are popular and incentivize people who spend money at retailers, restaurants, hotels, and more,” said Jonathan Yao, CEO of SogoTrade. “SogoTrade is excited to partner with EvoShare, bringing a robust cash-back savings infrastructure to everyday people, enabling them to earn on everyday spending and invest in their future.”
EvoShare’s proprietary system turns a percentage of every dollar spent at over 10,000 partnered local and online stores into contributions into the participant’s SogoTrade brokerage account.
“When customers checkout at participating online retailers, they can earn up to 30% cash-back that can build up their financial safety net,” Yao said. “This cash-back can be automatically deposited directly into your SogoTrade account.”
“We’re confident the partnership between EvoShare and SogoTrade will make saving for the future easier for all SogoTrade customers,” said CEO of EvoShare Eugeny Prudchyenko.
The cash-back earned through EvoShare is in addition to any other credit card incentives; it doesn’t replace them. Participants shop and dine as usual at participating merchants.
New and existing customers get free access to EvoShare. “With your SogoTrade account, the EvoShare monthly fee is waived. You’ll get free access to an EvoShare membership,” said Yao. “This is just another advantage of having an account at SogoTrade.”
SogoTrade is an online industry leader in providing new ways to fund your brokerage account, including through this new EvoShare partnership and through their “Get Paid to Trade” program. “In addition to $0 commission on qualifying limit orders, customers enrolled in our ‘Get Paid to Trade’ program can get paid on qualifying limit orders,” said Yao. There is no minimum requirement to open a SogoTrade account. For more information, view SogoTrade’s commissions and fees at https://content.sogotrade.com/pdf/en-us/commissionsfeesen.pdf.
Since 1986, SogoTrade has offered an array of products, maintained a high level of customer service, developed powerful platforms for customers to monitor their investments and trade online, and has a renewed commitment to both foreign and domestic customers with revenue sharing opportunities. For more information, visit https://www.sogotrade.com/m/landevoshare.aspx?subid=922
EvoShare has a robust cash-back savings infrastructure that enables users to earn on everyday spending, and in turn automatically apply that cash-back towards an existing IRA, Emergency Savings Account, HSA, 529 College Savings plan, or to help pay off student loan debt.
EvoShare has been featured in Forbes, Inc., Entrepreneur, and The Huffington Post. It won the 2019 DC Genie Award from 401(k) TV for “Best Financial Technology.”
Sogo Financial Group, Inc. is the Delaware holding company of the following subsidiaries: (1) SogoTrade, Inc. – Member FINRA and SIPC; (2) SogoTrade Asset Management (MarketRiders, Inc.) – a robo-advisor and SEC registered investment advisor; and (3) Sogo Crypto, LLC – a cryptocurrency trading technology company.