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Financial insecurity impacts more than just our customers. Financially healthy households promote more resilient and inclusive communities and economies. That is why we apply technology, behavioral science, and design strategy to support innovative technology-based solutions to promote financial health. At the center of our commitment to improving financial health is the Financial Solutions Lab, a $30 million, five-year initiative managed by the Center for Financial Services Innovation (CFSI) that supports promising innovations that can help Americans increase savings, improve credit, and build assets. This year as part of their fifth competition, the Financial Solutions Lab is seeking innovative workplace financial health solutions that cater to underserved workers and diverse work environments.

The Winners of the Fifth Financial Solutions Lab Challenge

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  • Manifest (Chicago,IL)

    Makes 401(k) transfers seamless as employees switch positions by standardizing the process and linking providers to dramatically reduce administrative costs, compliance liabilities, and time.

  • MedPut (New York, NY)

    An employee benefit option that provides 0% financing and bill negotiation services for out-of-pocket medical bills, with no impact to an employee’s credit score.

  • Brightside (San Francisco, CA)

    A personalized financial health platform providing employees one place to go for all their financial needs.

  • HoneyBee (San Francisco, CA)

    Helps employees, regardless of credit history to access an extra week’s pay anytime to help manage unplanned expenses and build credit.

  • Onward (Kansas City, MO)

    An employer-based mobile savings and credit app that enables workers to save effortlessly, build financial knowledge, and access responsible credit when emergencies strike.

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Our Partners

As one of the country's leading nonprofits promoting the financial health of Americans, the Center for Financial Services Innovation (CFSI) manages the Lab in collaboration with JPMorgan Chase and their advisory council, ideas42 and serves as strategic advisors, and are instrumental partners in the Lab's design, implementation and capacity to yield sustainable, scalable solutions.

Why Are We Working With These Groups?


of African-American and Latino households lack the savings to recover from a traumatic financial event1.


of families 65 and older experienced significant volatility in their expenses while on fixed incomes2.


Women own, on average, a mere 32 cents for every $1 that men own3.

2 times

Working-age people with disabilities are more than twice as likely to be living in poverty as those without disabilities4.

Insights & Stories

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