Financial coaching can support cash relief efforts by:
- Addressing the digital and banking divide by helping recipients navigate the cash relief process and overcome barriers to a technology-based cash relief application;
- Leveraging one-time cash disbursements into ongoing support with creating a holistic plan to achieve financial security; and
- Informing product design by surfacing issues that vulnerable populations face when trying to access financial services and generate solutions that make those products more inclusive and effective.
Mission + Technology: The Power of Nonprofit Fintechs
In March 2020, as the U.S. realized […]