Tuesday, 02 January 2024 12:17 GMT

Evrfinance And Shawn Davaie Announce Launch Of Vault: A Fintech Platform Aimed At Empowering Service-Based Businesses


(MENAFN- GetNews)


Photo Courtesy: Shawn Davaie / Unstoppable Branding Agency

LOS ANGELES, CA - September 5, 2025 - EvRfinance , a financial technology company focused on transforming the way service-based businesses manage their finances, has introduced its latest product, Vault. After two years of development and strategic refinement, Vault is set to roll out to a select group of early users this fall, with plans to expand its reach in the coming months. With an impressive waitlist already in place, the platform is projected to experience steady growth, with an anticipated increase in users and a path toward potentially significant annual recurring revenue (ARR) over the next few years. This growth is supported by multiple revenue streams and key alliances in the banking, compliance, and automation sectors.

Vault, positioned at the intersection of Software-as-a-Service (SaaS) and Banking-as-a-Service (BaaS), aims to provide service-based businesses with a comprehensive financial platform. Designed to address the specific needs of these businesses, Vault offers an integrated system combining embedded banking, intelligent automation, and real-time business analytics. Its goal is to help businesses improve financial management, increase efficiency, and optimize operational performance.

Founded by serial entrepreneur and fintech innovator Shawn Davaie , EvRfinance seeks to level the financial playing field for small businesses.“Our goal is to help service-based businesses access powerful financial tools that have traditionally been available only to larger enterprises,” said Davaie.“By providing these businesses with sophisticated financial solutions, we aim to help them navigate complex financial environments more effectively.”

Vault is tailored to support a range of industries, including healthcare, wellness, legal services, consulting, and home improvement. The platform consolidates critical financial functions into a single dashboard, making it easier for businesses to manage their operations. Key features of Vault include automated collections, embedded banking, real-time cash flow tracking, and AI-driven business insights. VaultIQ, the proprietary AI engine at the heart of the platform, delivers actionable insights, enabling business owners to make informed decisions based on real-time data.

Unlike traditional financial tools that primarily focus on tracking data, Vault is designed to actively support business growth. Its key capabilities include:

  • Business-backed and Vault-backed financing options, which aim to support businesses in generating upfront revenue and creating more sustainable income models.

  • Automated invoicing, collections, and revenue management, powered by AI systems that help streamline operations.

  • Embedded digital banking that offers live cash flow tracking, integrated with other financial functions for a more cohesive system.

  • AI-generated profit and loss statements, categorized expenses, and forward-looking growth insights powered by VaultIQ.

  • A centralized interface that integrates payments, billing, banking, and performance monitoring into one unified ecosystem.


By consolidating these vital functions into a single platform, Vault allows businesses to eliminate the need for multiple separate systems, offering a more efficient and holistic approach to financial management.

Looking ahead, EvRfinance is focused on expanding Vault's capabilities and enhancing its AI-driven intelligence. One of the key upcoming updates will be the next version of VaultIQ, which will enable businesses to conduct more advanced financial queries in natural language. This improvement will allow business owners to interact with the system in a more intuitive way, asking questions about their operations and receiving actionable responses instantly.

“By simplifying complex financial tasks and making business intelligence more accessible, we believe Vault will empower service-based businesses to grow and scale,” added Davaie.“As businesses increasingly rely on data-driven insights to make decisions, Vault will help them understand their financial health and optimize their operations more effectively.”

EvRfinance is currently focused on scaling Vault's user base and expanding its strategic partnerships. The company's growth trajectory is supported by strong interest from investors and a solid roadmap aimed at increasing the platform's reach. While EvRfinance is aiming for substantial growth, including a target ARR of over $1 billion in the next few years, the company remains focused on delivering value to users through product innovation and continued improvements.

In addition to its strong market potential, EvRfinance is preparing for a selective pre-seed funding round to support the next phase of development. The company is targeting investors who share its vision for transforming financial services for small businesses, with a particular focus on scaling the platform's offerings and expanding its user base.

About EvRfinance

EvRfinance is a financial technology company specializing in embedded neobanking solutions designed for the service economy. Through its flagship product, Vault, and its AI-driven intelligence engine, VaultIQ, EvRfinance helps service-based businesses optimize their revenue, improve cash flow, and make data-driven decisions. The platform offers an integrated solution that simplifies financial management, allowing businesses to focus on growth and scalability.

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