Improving financial lives
The Financial Solutions Lab is a community of startups, financial services companies and nonprofit organizations building solutions to improve the financial lives of Americans.
Our aim is ambitious: Over five years we are identifying, testing and bringing to scale financial innovations that substantially improve the lives of hard-working Americans. We are armed with deep knowledge of consumer behavior and marketplace trends – as well as a hefty dose of financial services expertise. We share a passion for change.
FinLab and CFSI have given us an unparalleled opportunity to work with executives from the largest banks in the country, along with government and regulatory bodies. This access has been phenomenal as it has allowed Digit to be involved in conversations directly impacting the future of fintech.„Ethan Bloch Founder and CEO About Digit
I was in Corporate America – I've been to a million events before FinLab. Compared to any other group I've been in, they are incredibly responsive and supportive. It's been a great experience.„Sheri Atwood Founder and CEO About SupportPay
The Lab was instrumental in helping us grow our business and providing the expert insights we needed to expand our solution to more underserved consumers. In fact, the newest iteration of our product was inspired by collaboration we developed through FinLab.„Jimmy Chen Founder and CEO About Propel
Building a financially healthier America
Each year we will identify a new challenge topic raising awareness and generating insights around the most salient financial challenges facing Americans.
Our Challenge for 2016 is Helping Americans Weather Financial Shocks. Why? Let’s face it: we are all one shock away from financial ruin…it just depends on the size of the shock. But for many Americans, financial shocks are small, simple things that can have devastating implications, like missing work due to illness, an unanticipated car repair, a sudden rent increase – things that could be averted or mitigated by innovative financial products.
Building solutions together
Have a passion for financial inclusion and a commitment to innovation? We welcome companies or organizations — new or established — to join us in this exciting endeavor.
Financial Services Companies