HomeFintech as a Solution for Employee Financial Health: Findings from Five Exploratory Studies
We partnered with five fintechs – Brightside, HoneyBee, Manifest, MedPut, and Onward
to explore how they’re used and their impact on employees’ financial lives.
Fintech products are in demand among financially vulnerable employees
Employees who engage more with fintech benefits show lower turnover rates
Employer-supported savings and loans products can replace high-cost alternatives
Brightside
Brightside, a holistic offering that uses data, a platform of financial products, and financial assistants to provide employees with personalized guidance
HoneyBee
HoneyBee, an employer-sponsored annual benefit providing employees access to 0% APR, no-fee loans, and unlimited financial coaching.
Manifest
Manifest, a product facilitating 401(k) transfers for individuals that switch employers.
MedPut
MedPut, an employee benefit that provides an interest-free payment plan and negotiates discounts on out-of-pocket healthcare bills.
Onward
Onward, a nonprofit employer-sponsored mobile savings and financial education app that enables workers of all income levels to build financial security.
Our Partner
The research in this report was conducted in partnership with the Social Policy Institute (SPI) at Washington University in St. Louis.
Fintech as a Solution for Employee Financial Health: Findings from Five Exploratory Studies
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