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Michael Hershfield
Founder and CEO at Accrue Savings
Michael Hershfield is the Founder and CEO of Accrue Savings, a company he started in March 2021.24 Accrue Savings specializes in customer loyalty and financial technology within the retail and e-commerce sectors, offering solutions that incentivize customers to save and pre-fund purchases.1
Prior to founding Accrue Savings, Hershfield held several notable positions:
- SVP of Sales at WeWork (February 2020 - April 2021)
- Global Vice President of Inside Sales at WeWork (November 2019 - May 2020)
- Founder of YVR Consulting (January 2010 - 2018)
- COO of Nucleus Intercom (January 2016 - November 2017)
- COO of Kitchensurfing (February 2014 - November 2015)
- Co-Founder/CEO of LiveStub (September 2007 - July 2009)2
Hershfield has a background in sales, operations, and entrepreneurship. He has experience in building and scaling revenue organizations, as well as leading growth and marketing efforts for various startups.2
At Accrue Savings, Hershfield is focused on changing how merchants handle payments and loyalty, believing that the future of customer loyalty lies in the balance.67 The company aims to help brands incentivize shoppers with cash rewards when they save up for purchases, offering an alternative to credit-based rewards systems.35
Highlights
Personal stories highlight what we are building here at Accrue Savings. It is about people, and the impact #sustainablefinance can have in empowering Americans. Finance can be about humanity.
Last week we shared our first story about Mary’s wedding dress, and this week it’s about Leslie’s dream furniture for her new home. Leslie’s saving journey with Accrue isn’t just about furniture—it’s about financial freedom.
Join us in spotlighting her story and our mission to help users buy what they want without the burden of credit. #SaverSpotlight
Life is filled with truth, some objective, others subjective. This is one of those moments where there is nothing subjective.
My heart is broken for my brothers and sisters in Israel.
Linkedin has always been my forum for business. My work and my personal life have always remained separate.
At this moment, I cannot hold back my personal identity. I cannot hold back my despair, my anger my fear and sorrow for my brothers and sisters In Israel. If there ever was a moment of good vs evil, this is it.
It is hard to balance one's world, how does one sit at their desk and put on business as usual face to face with your team, partners, prospects, investors. These are the moments that livelihood takes a backseat to identity and one's values. For Jews and Israelis - our world is different today. We are reminded of our history, and our historical and now present trauma.
What we have witnessed is barbaric. An act of pure evil. Terrorism unleashed on children, elderly, civilians, sons, daughters, mothers, fathers, grandparents - our best and brightest souls.
Hamas = Terrorism. There is no room for equivocation.
I ask my friends, colleagues, partners - do not look away. Do not look away from the tragedies, the sorrow, the despair, the truths.
Hamas is all our enemies. Never Again (Jews historically have said this in reference to the Holocaust) is not some empty slogan - Never Again is right now.
I stand with Israel, my brothers and sisters now and forever. There will be a time for peace. This is not the time - this the time to speak truth, and support our shared values and humanity.
I stand unequivocally with Israel in its right to exist and defend itself. I stand with Jews all over the world in our fight against these barbaric terrorists.
I cry. We cry. There are no words for this moment.
Our enemies will never destroy Zion, and the Jewish people
