Onward is a financial wellness benefit that employers can offer to assist their workforce in building a financial cushion for themselves. According to the Federal Reserve, nearly 47% of Americans could not come up with $400 in case of an emergency. For the most vulnerable, the low to moderate income, these emergencies can become shocks leading to financial panic and in many cases the use of pay advances or predatory loans.
Onward seeks to change that by offering a mobile app and accompanying website that allows employees to set a financial goal and start saving immediately from their paycheck into a savings account. While employees are saving, Onward utilizes push notifications to send financial tips, tools and resources directly to their mobile devices to create a feeling of confidence around managing finances. If employees have been active Onward savers for at least 3 months, they become eligible to access a responsible loan as an alternative to a payday loan or advance.
We seek to provide every worker with a financial cushion and a greater sense of financial security. Check out our app on the Google Play store!
Onward seeks to change that by offering a mobile app and accompanying website that allows employees to set a financial goal and start saving immediately from their paycheck into a savings account. While employees are saving, Onward utilizes push notifications to send financial tips, tools and resources directly to their mobile devices to create a feeling of confidence around managing finances. If employees have been active Onward savers for at least 3 months, they become eligible to access a responsible loan as an alternative to a payday loan or advance.
We seek to provide every worker with a financial cushion and a greater sense of financial security. Check out our app on the Google Play store!
Founded date: 2016
Investors 3
| Date | Name | Website |
| - | Financial ... | finlab.fin... |
| - | Uncharted | uncharted.... |
| - | Fast Forwa... | ffwd.org |
Mentions in press and media 2
| Date | Title | Description |
| 29.10.2022 | Los Angeles-based financial platform Onward raises USD 9.7 million in Series A funding | LOS ANGELES, Oct. 27 — Onward, a co-parenting financial platform, said today that it has secured USD 9.7 million in Series A investment led by TTV Capital, with participation from Lerer Hippeau, Citi Ventures, Correlation Ventures, and Ging... |
| 30.06.2017 | Google.org, BlackRock and others commit $2.2 million to Fast Forward’s nonprofit tech accelerator | As impact investing gains traction in the market, a new accelerator for tech nonprofits called Fast Forward has raised $2.2 million in philanthropic funding from the nonprofit arms of some of the world’s largest companies and financial serv... |