Benefits Leaders Join Forces to Enhance
Financial Security for Millions of Working Americans
NEW
YORK, May 14, 2024 /PRNewswire/ -- Kashable, a
fintech platform that provides Socially Responsible Credit™ and
financial wellness solutions as an employer-sponsored voluntary
benefit, and BrightDime®, a trusted partner that provides a
real-time 360-degree view of individuals' holistic financial
picture, have announced a new partnership. This partnership aims to
provide access to personalized financial coaching and money
management tools. At inception, the program will be implemented
across 50 companies, including IKEA, Chobani, and Nasdaq, covering
over 170,000 employees.
According to a recent study, 86% of employees indicated that
they're stressed about finances, directly impacting their overall
health and performance at work. Having access to financial literacy
and coaching tools is crucial to lowering stress and empowering
employees to manage their finances effectively and achieve
long-term financial stability and security.
Beginning today, employees who have access to Kashable's
Financial Wellness Program will also have access to free financial
coaching sessions and other educational resources from
BrightDime.
"By investing in financial coaching tools for their employees,
employers are not just enhancing individual financial well-being;
they're building a more resilient, productive, and engaged
workforce," said Einat Steklov,
co-CEO and co-founder of Kashable. "This partnership showcases the
ability of employers to support employees who are struggling with
debt, lack of emergency funds and are managing unanticipated high
inflation rates."
Adding BrightDime's financial coaching marks a significant
stride in empowering employees with the tools they need to enhance
and prioritize their financial wellness and security. Through
one-on-one and on-demand financial coaching, employees receive
support during challenging financial circumstances. This guidance
is essential in navigating important financial decisions, enabling
employees to stride confidently toward financial independence and
well-being.
"Kashable and BrightDime's integration will be revolutionary,
assisting organizations in increasing productivity, optimizing
benefits decisions, and continuing to attract and retain top
talent. We're looking forward to expanding access to our
educational resources to over 250 employers working with Kashable,"
said David Stedman, CEO and founder
of BrightDime.
To speak with Kashable about access to BrightDime's personalized
financial wellness tools, visit Kashable.com.
About Kashable
Kashable is a financial technology company that provides access
to Socially Responsible Credit™ and financial wellness solutions
for employees offered as an employer-sponsored voluntary benefit.
Kashable has raised over $200M in
equity and debt capital and provides financial health and wellness
tools to millions of employees by partnering with more than 250
companies.
Founded in 2013, Kashable deploys innovative technology to
improve the financial well-being of working America with a
commitment to both reliability and affordability. Offering a smart,
economical and fast alternative for employees who may otherwise be
driven to take loans against retirement plans, predatory lenders or
high-rate credit cards to bridge short-term gaps in their finances,
Kashable focuses on providing a path to financial security for
all.
For more information, visit kashable.com.
About BrightDime
BrightDime is reshaping the landscape of financial wellness as a
benefit. The company's holistic approach encompasses unlimited
financial coaching, cutting-edge data-driven money tools, and
dynamic financial education delivered through a variety of mediums
including articles, videos, and live events.
From tackling debt reduction to planning for retirement,
BrightDime equips individuals with the knowledge and tools needed
to confidently navigate a wide array of financial topics. The
company's reputation for personalized and innovative coaching sets
it apart, providing users with a unique and tailored experience
that fosters financial empowerment.
Through strategic partnerships such as the one with Kashable,
BrightDime has rapidly expanded its footprint to over 200 clients.
These partnerships have not only enhanced BrightDime's offerings
but have also solidified its position as a leader in the
industry.
Contact:
Madeleine Bendalin
kashable@mww.com
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SOURCE Kashable