Promoting Financial Health Through Technology
We are harnessing the power of technology to identify and expand the reach of the next generation of financial technology products and services that meet the needs of struggling consumers.
The Financial Solutions Lab (FinLab) is a 10-year, $50 million initiative managed by the Financial Health Network with founding partner JPMorgan Chase to support technology-based innovations to improve financial health for underserved communities in the United States.
Catalyst Fund, an inclusive fintech accelerator managed by BFA Global, advances financial health for underserved people across the world, focusing on Kenya, Nigeria, South Africa, India and Mexico.
The Financial Inclusion Lab, in collaboration with the Indian Institute of Management Ahmedabad's Centre for Innovation Incubation and Entrepreneurship (IIMA-CIIE) and MicroSave Consulting (MSC), supports innovative, technology-enabled solutions to address the financial health of people in India.
Stories and Insights
Promoting Financial Health
Far too many people struggle to manage their daily financial lives. This struggle does not just apply to low-income households or certain geographies. In fact, research from the Financial Health Network found that more than half of Americans experience high amounts of debt, not enough savings or irregular income.