Over the last five years, the Financial Solutions Lab has supported nearly 40 organizations focused on improving financial health via fintech products, services, and solutions.
Almost overnight, the COVID-19 pandemic has created new financial challenges for millions of workers and students across the country. To help these groups at their most financially vulnerable, the 2020 Accelerator Challenge is focused on solutions to help workers and students navigate the current crisis and beyond.
Nearly half of all U.S. workers report being financially stressed. To address this, the 2019 Financial Solutions Lab Accelerator Challenge focused on innovative fintech solutions that employers could offer to reduce the financial burdens that workers face.
Given the range of people in America who struggle with financial health, the 2018 Financial Solutions Lab Accelerator Challenge focused on developing fintech products that could improve financial health in the U.S., scale to millions of users, and resonate with diverse populations.Explore the Challenge
The 2017 Financial Solutions Lab Accelerator Challenge reflected a growing recognition of the need to improve financial health for all Americans. Using innovative solutions from a variety of sources, cohort companies focused on solving problems that were once considered too hard, and for customers that many thought were too difficult to reach.
Unexpected expenses can wreak havoc on a household’s finances, often causing long-term damage. In response, the 2016 Financial Solutions Lab Accelerator Challenge focused on developing innovative products and services to help consumers weather the financial shocks that we all experience in life.Explore the Challenge
Millions of Americans face cash flow challenges that make it hard to pay expenses on time. The 2015 Financial Solutions Lab Accelerator Challenge focused on developing new products to help consumers save, plan their financial lives, and access affordable credit to better manage spikes and dips in their incomes and expenses.