Covid-19 has led to more interest in employee financial health and wellness products. Here are the top-line bullets you need to know.
The Covid-19 pandemic has refocused attention on personal money management and stoked broad-based demand for financial education and planning tools.
Employers are taking notice, with some now seeking to provide more than just 401(k) set-ups and benefit plans. Seeing an opportunity, a number of private tech companies — offering services like flexible pay schedules, financial planning, and employer-assisted loan repayment schemes — are targeting the financial wellness space and have attracted attention from VCs.