Onward Financial Employee Savings and Credit App

Onward is a nonprofit employer-sponsored mobile savings and credit app that enables workers of all income levels to build financial security. Onward provides employers with the administration of financial education, financial coaching, and emergency savings accounts for their employees to help secure their financial futures.

Benefits

Provide employees with financial education
Develop more financially secure workforce
Decrease personal finance-related work interruptions
Reduces need for predatory lending

Main Features

Provides data on employee financial health
Administers employee savings program
Delivers financial education to employees

Primary Audience

Businesses & Employers
Individuals seeking financial support

Learn More

Shocking Payday Loan Schemes Motivate this Startup

On Tuesday, The Rockefeller Foundation and Chan Zuckerberg Initiative announced that Onward Financial Inc. is one of 10 companies in the country to receive $1 million grants from the Communities Thrive Challenge. The winners were chosen from more than 1,800 applicants nationwide.

Onward's Employer-Backed Payday Loan Alternative

You know the story. Critics say that short-term, small-dollar loans push consumers into the hamster wheel of a never-ending debt cycle – one that turns a two-day bridge to cover a shortfall into a six-month mosh pit of fees that can become hard to dig out from under.

Zach Pettet

Director of Strategic Partnerships

Bond Financial Technologies, Inc.

Zach Pettet

Director of Strategic Partnerships

Bond Financial Technologies, Inc.

Ronnie is solving one of the biggest and most foundational problems in the entire financial services industry

Ronnie Washington

Founder & CEO

Onward Financial, Inc.

Ronnie Washington

Founder & CEO

Onward Financial, Inc.

I think it is pretty obvious when you read stories about the payday lending industry – and how it goes wrong for customers – that consumers need a better alternative