February 22, 2017 08:00 AM Eastern Standard Time Virtual fintech lab launched by the Financial Health Network and JPMorgan Chase helps fintech startups improve and scale solutions for people of color, low-income women, aging populations and people with disabilities SAN FRANCISCO–(BUSINESS WIRE)–Today the Financial Solutions Lab (FinLab) at the Financial Health Network with founding FinLab partner […]

As an active participant in the fintech ecosystem, the Financial Solutions Lab shares in the responsibility to create a more inclusive industry, especially for female founders and people of color. Last year, we published our early thinking on the Financial Solutions Lab’s role to support and encourage diversity within the early-stage fintech space, and candidly […]

Imagine leaving the nation of your birth–where you had great credit, a car, a home, a bank account–and moving to the United States for the first time. While you might think that having great credit in your home country would ease the financial path ahead, today that’s simply not the case. Your credit history doesn’t […]

With nearly three quarters of Americans living without life insurance, there’s no question estate planning is a major issue that often goes unaddressed by far too many in this country. That’s why Dave Hanley, co-founder of the app Tomorrow, wanted to make estate planning more accessible to the average American, not just the wealthy. The […]

A former software engineer at Google, Morgan Conbere had the chops to solve everyday problems using software development. He also knew there was one space that was ripe for improvement: public transit. In 2017, Conbere and a group of co-founders–Zachary Browne, Samuel Daly, and Ekaterina Kuznetsova–came together to create Token Transit, a platform that allows […]

Banks want to know what around the corner is trying to put them out of business, so it’s no surprise that a spate of fintech-focused accelerator programs has sprung into existence in recent years. For example, Deutsche Bank just opened its fourth innovation lab in New York this year, after opening outposts in Silicon Valley, […]

In our last blog about consumer data access, we discussed the challenges that startups face when it comes to accessing their users’ financial data in order to build innovative tools. Today, we’re back to share that the Financial Health Network has just published a new report on this topic: Liability, Transparency and Consumer Control in […]

Today, the Financial Health Network released its 2017 Snapshot paper. In this report, authored by members of the Financial Solutions Lab, we discuss the latest trends in fintech and provide an overview of the market segment as informed by our analysis of over 360 applications from 2017, the more than 1,000 applications in our first […]

Everyone should have a friend they can turn to when they need someone to spot them a little cash. At least Jason Wilk thinks so, which is why he and his cofounders John Wolanin and Paras Chitrakar teamed up to build their fintech startup, Dave. Wilk is no stranger to the startup world, and Dave, […]

Instead of relying on 401(k)s or employer pensions, which are quickly becoming extinct, Matt Carey has set out to build a new way for people to plan for retirement. His startup, Blueprint Income, is busy digitizing and creating a virtual option for folks to set up and manage their retirement funds securely. Carey spoke with […]

Eddie Lim had already sold one successful business to a global financial company and was getting ready to start a new venture when he realized he’d hit a major roadblock. Lim found himself getting rejected over and over by big banks when he tried to refinance his home. Surely he wasn’t the only one facing […]