The Financial Solutions Lab is a $60 million, 10-year initiative that focuses on innovative solutions to advance the financial health of low- to moderate-income (LMI) individuals and historically disadvantaged communities. FSL works to help support populations facing persistent financial health challenges, including communities of color, women, older adults, and people with disabilities. This Financial Health Network initiative is managed in collaboration with founding partner JPMorgan Chase and with support from Prudential Financial.
Acute, wide-scale financial health challenges require collaborative solutions. Technology has the potential to expand access to affordable financial products for consumers across a range of incomes and demographics. The Financial Solutions Lab serves as a meeting place for fintechs and nonprofits to exchange insights, explore new solutions, and scale existing products and services that address the needs of underrepresented communities.
The Financial Solutions Lab focuses relentlessly on cultivating innovative ideas and building products and services that embrace inclusion, build trust, create opportunity, and solve important financial challenges. We offer support to fintech and nonprofit leaders to build actionable solutions, growing a network of innovators that directly impact the lives of everyday people.
Learn about our upcoming challenges for fintechs and nonprofits and explore our latest research on our website.