Financial Education news and trends

Wagestream Raises $21.8 Million to Expand Financial Well-Being App
Investments // April 18, 2024

Wagestream, a financial well-being app focused on frontline workers, has raised 17.5 million pounds (about $21.8 million) in a funding round. That total includes an investment of 7 million pounds (about $8.7 million) by British Patient Capital alongside other co-investors, including Lombard Odier Investment Managers...

Intuit Introduces Financial Literacy Courses and Tools for High Schools
Financial Inclusion // April 02, 2024

Intuit launched a financial literacy program that provides U.S. high school educators with resources to teach their students about personal and entrepreneurial finance. The new Intuit for Education program covers budgeting, saving, managing credit and other essential skills, the global financial technology platform said in a Tuesday (April...

Goalsetter Raises $9.6 Million to Promote Financial Health
Personal Finance // March 25, 2024

Savings/financial education platform Goalsetter has raised $9.6 million in new funding. The company’s Series A extension round, announced Monday (March 25) was led by an affiliate of Edward Jones and MassMutual through its MM Catalyst Fund, with participation from past investors, including Fiserv and Webster Bank. “This funding will empower us to...

Regions Bank Launches Programs to Promote Financial Literacy
Banking // March 25, 2024

Regions Bank is launching education programs to coincide with Financial Literacy Month in April. The effort, announced in a Monday (March 25) press release, will include online seminars, events at branches and chances for consumers to get free personalized advice for creating and monitoring financial goals through the Regions...

Interviews & Exclusives
Financial Education Can Help Subprime Consumers Triple Borrowing Capacity

August 31, 2023
In a credit-based economy like the United States, credit scores have a big impact on consumers’ ability to access loans and afford everyday essentials. But as noted in the report “The Credit Accessibility Series: The Credit Insecure Need More Education,” a PYMNTS and Sezzle collaboration, 27% of consumers have credit scores of 650 or less, […]

Bank Financial Advice Could Win Gen Z, Millennial Loyalty

April 18, 2023
Young consumers’ financial avoidance may represent a loyalty opportunity for banks to create novel account analytics. A Wall Street Journal article earlier this week (April 17) said the youngest generation of adult...

Consumer Education Reaps Loyalty Benefits for Financial Institutions

January 09, 2023
Financial institutions have an opportunity to provide customers with the financial literacy tools they want. January is Financial Wellness Month, and as inflation continues to stretch most household budgets, consumers...

Zogo: How A 21-Year-Old Duke University Grad Is Reinventing Financial Literacy

June 29, 2020
When Bolun Li was in high school, a local bank came in and offered a heavily branded PowerPoint presentation about financial services and money management to students who reacted pretty...

Quick Reads
US Bank Teams With Greenlight on Teen Bank Accounts

June 06, 2024
U.S. Bank has launched a partnership with Greenlight aimed at increasing financial education. The collaboration will give eligible U.S. bank customers complimentary access to Greenlight’s debit card and money app, designed to help families teach their children financial skills, according to a Thursday (June 6) new release. The bank is the first financial institution to offer Greenlight through […]

Wagestream Raises $21.8 Million to Expand Financial Well-Being App

April 18, 2024
Wagestream, a financial well-being app focused on frontline workers, has raised 17.5 million pounds (about $21.8 million) in a funding round. That total includes an investment of 7 million pounds...

Intuit Introduces Financial Literacy Courses and Tools for High Schools

April 02, 2024
Intuit launched a financial literacy program that provides U.S. high school educators with resources to teach their students about personal and entrepreneurial finance. The new Intuit for Education program covers budgeting, saving, managing...

Goalsetter Raises $9.6 Million to Promote Financial Health

March 25, 2024
Savings/financial education platform Goalsetter has raised $9.6 million in new funding. The company’s Series A extension round, announced Monday (March 25) was led by an affiliate of Edward Jones and MassMutual through its MM Catalyst...