Opendata, web and dolomites


Savings Loyalty System Based on Micro-Contributions from Retailers

Total Cost €


EC-Contrib. €






 PENSUMO project word cloud

Explore the words cloud of the PENSUMO project. It provides you a very rough idea of what is the project "PENSUMO" about.

receive    pension    complimentary    purchasing    socially    efficient    demographics    jobs    industry    model    full    customers    market    company    fraction    promotion    stores    almost    board    retailers    generate    adhere    add    safety    extra    micro    private    customer    scheme    commercialization    participating    civic    public    outstanding    tool    plans    difficult    benefit    back    contributions    point    intuitive    society    fund    beneficial    million    provides    retailer    commitment    road    founded    attract    sports    automatically    recycling    insurance    solutions    financial    economic    pressure    successive    significantly    stability    revenue    additional    demand    pensumo    covers    conscious    affordable    mechanism    sustainability    funds    source    pensions    loyalty    ageing    enhanced    contribution    win    solution    retirement    possibility    situation    responsibility    amount    retail    selling    complementary    combination    savings    purchase    campaigns    attractive    competitive    social   

Project "PENSUMO" data sheet

The following table provides information about the project.


Organization address
postcode: 50003
website: n.a.

contact info
title: n.a.
name: n.a.
surname: n.a.
function: n.a.
email: n.a.
telephone: n.a.
fax: n.a.

 Coordinator Country Spain [ES]
 Project website
 Total cost 1˙020˙618 €
 EC max contribution 714˙433 € (70%)
 Programme 1. H2020-EU.3.6. (SOCIETAL CHALLENGES - Europe In A Changing World - Inclusive, Innovative And Reflective Societies)
2. H2020-EU.2.3.1. (Mainstreaming SME support, especially through a dedicated instrument)
 Code Call H2020-SMEINST-2-2016-2017
 Funding Scheme SME-2
 Starting year 2017
 Duration (year-month-day) from 2017-07-01   to  2019-06-30


Take a look of project's partnership.

# participants  country  role  EC contrib. [€] 


 Project objective

PENSUMO was founded as a result of the combination of our board's previous experience of 20 years in the field of retail loyalty plans and its social commitment to the sustainability of pension savings. On one hand, public and private retirement funds are under an increasing pressure due to factors such as the difficult economic situation or the ageing demographics. On the other hand, the retail industry is in need of more attractive, efficient and affordable consumer loyalty solutions to attract customers. PENSUMO aims to provide a solution to both problems, by offering a significantly improved and socially conscious consumer loyalty mechanism that will be beneficial for all retailers, the general consumer and society as a whole.

PENSUMO provides any retailer with the possibility to adhere to our model and offer an intuitive savings scheme as an enhanced customer loyalty feature. By purchasing products in any of these stores, the consumer will automatically receive a fraction of the purchase amount back on a savings account, through one of our insurance partners. Each purchase will automatically add successive micro-contributions to his account. In terms of social responsibility, PENSUMO users will also be able to increase their funds by participating in civic campaigns, covering activities such as recycling, sports or road safety initiatives.

PENSUMO provides stores with a unique selling point in a very competitive market. As a complimentary retirement fund for the general consumer, it covers the growing demand for additional financial stability, with an average extra contribution of €20.000 to the user's pension. For society, on top of an outstanding tool for the promotion of civic behaviour, it provides a complementary financial source of pensions. Consumer benefit, benefit for retail, BENEFIT FOR SOCIETY (win-win-WIN).

As a company, after 4 years of full commercialization, we expect to generate 70 jobs and almost €60 million in revenue.


List of deliverables.
PENSUMO Book Websites, patent fillings, videos etc. 2020-04-24 04:10:29
Updated website Websites, patent fillings, videos etc. 2020-04-24 04:10:29
Training and Tutorial videos Websites, patent fillings, videos etc. 2020-04-24 04:10:29

Take a look to the deliverables list in detail:  detailed list of PENSUMO deliverables.

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The information about "PENSUMO" are provided by the European Opendata Portal: CORDIS opendata.

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