Financial Solutions Lab

About

The Financial Solutions Lab is a catalyst for innovations that improve financial health.

11 - 50

Highlights

Details

Industries: Asset Management,Finance,Financial Services,FinTech,Information Technology,Non Profit
Founded date: Jan 1, 2014
Number Of Employee: 11 - 50
Operating Status: Active
Investor Type: Accelerate

The Financial Solutions Lab was established in 2014 to cultivate, support, and scale innovative ideas that help improve financial health. We focus on solutions addressing acute and persistent financial health challenges faced by low- to moderate-income (LMI) individuals, Black and Latinx communities, and other underserved consumers.

The Financial Health Network manages the Financial Solutions Lab in collaboration with founding partner JPMorgan Chase and with support from Prudential Financial.

Investments

Number of Investments

Number of Lead Investments

7

2

Financial Solutions Lab has made 7 investments. Their most recent investment was on May 25, 2021, when Home Lending Pal raised 0.

Date Company Name	Round	Money Raised	Industry	Lead Investor
May 25, 2021 Home Lending Pal	Convertable Note	—	Artificial Intelligence	—
May 25, 2021 Esusu Financial	Seed	$125K	Credit	Yes
Jan 15, 2019 Brightside	Seed	$125K	Financial Services	Yes
Feb 9, 2018 Grove	Seed	$2.10M	Advice	—
May 5, 2017 Propel	Seed	$4M	Finance	—