Welcome Hannah Calhoon to the Financial Solutions Lab
The Financial Health Network announced today that Hannah Calhoon has joined the team as Vice President, Innovation. In this role, she will be responsible for leading the Financial Solutions Lab, finding new ways to support our partners and innovators as they work to improve financial health for all. Learn more about Hannah’s past experience and […]
Driving Cross-Sector Solutions: Responding to the Unemployment and Student Loan Crises
As the pandemic was initially unfolding and unemployment rates in the U.S. made headlines, research showed that Americans facing both unemployment and student loan debt experienced serious risks to their financial health. One in five unemployed U.S. adults report that they or someone in their household has a student loan, and the 45 million Americans […]
Fintech Leader Q&A: Finli CEO Lori Shao
Lori Shao founded Finli, one of the Financial Solutions Lab Accelerator’s 2020 Cohort companies, in 2019. Finli’s comprehensive business management software relieves family-centric businesses, like neighborhood schools and enrichment programs, from the administrative burdens of invoicing, tuition collection, and maintaining a digital presence by providing an enterprise solution and parent-approved app. Given its area of […]
Innovating to Fight Financial Instability: Our 2021 Accelerator Challenge
Over the past six years, the Financial Solutions Lab has run an annual fintech accelerator that has supported more than 40 companies with investments, resources, mentorship, and more to improve the financial health of people across the U.S. These companies have reached more than 5 million low- to moderate-income consumers – and over 10 million […]
Financial Solutions Lab Launches Seventh Accelerator Challenge to Support Fintech Solutions that Help Address Financial Instability
As part of $60 million, 10-year program, seventh annual Accelerator program now accepting applications from financial technology companies helping people improve financial resilience and build long-term financial growth in the wake of COVID-19 CHICAGO – Oct 27, 2020 – The Financial Solutions Lab, an initiative from the Financial Health Network in collaboration with JPMorgan Chase […]
Building Cross-Sector Partnerships to Advance Financial Health Innovation
The challenges posed by deepening financial insecurity are having a profound and long-term impact on individuals and families, and solutions will require cross-sector collaboration and partnership. To support these solutions, the Financial Solutions Lab intentionally recruited members to its new Advisory Council who bring a vast range of experience and backgrounds, from organizational strategy to […]
Prudential Joins Effort To Fund Fintechs Fighting Inequality
Prudential Financial is dedicating $10 million to fintech oriented towards solving intransigent financial and social inequality in the U.S. Read the Article on Financial Advisor Magazine >>
From AT&T To Xerox: 85+ Corporate Innovation Labs
Innovation is critical for established companies to stay relevant in the face of disruption. Here’s our list of corporate innovation labs. Read the Article on CBInsights >>
Preparing for a New Era of Financial Wellness
The year 2020 has felt like a lot of things for many of us, ‘the worst year ever’ among one of them, according to The Guardian. And if this year were to play a character from a Hollywood film, I’d cast her as Catwoman in 1992’s Batman Returns. To refresh your cinematic memory, Michelle Pfeiffer […]
How fintech mentorships have adapted during the pandemic
Hashing out ideas on a whiteboard. Networking with fellow entrepreneurs over drinks. Poring over plans with mentors. Pitching a roomful of investors. Read the Article on American Banker >>
Financial Solutions Lab snags additional $10 million for fintechs tackling Covid crisis
The Financial Solutions Lab, an initiative launched and managed by the Financial Health Network and JPMorgan Chase, has received an additional $10 million commitment by Prudential Financial, expanding the coffers to $60M over a 10-year period. Read the Article on Finextra >>
Financial Solutions Lab Reaches $60 Million in Funding to Advance the Financial Health of Underserved Communities With New Investment from Prudential Financial
Prudential Financial joins the Financial Health Network and JPMorgan Chase to scale financial and technical support for fintechs that are developing solutions for underserved communities Four new fintech innovators selected for sixth accelerator cohort to improve worker and student financial health CHICAGO – June 22, 2020 – The Financial Solutions Lab, an initiative launched […]