Commitment to Action

Financial Wellness via Savings and Loyalty-Linked Rewards

Commitment by

ClearStreet, Inc.

In 2014, ClearStreet committed to provide financial wellness solutions to low-income individuals, such as incentivized and reward-based savings at the workplace. ClearStreet's mobile and desktop savings platform will include automated savings, a spending tracker, financial coaching, and incentivized savings which will reinforce customer loyalty at certain merchants, by linking savings with spending behaviors. Additionally, working with its partner SimpleFi, ClearStreet will provide short-term financial assistance to those consumers who are eligible. By July 2015, ClearStreet will have enrolled 1,000 individuals in a pilot expansion.

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Overview
Summary

Commitment

Financial Wellness via Savings and Loyalty-Linked Rewards

Launched

2014

Est. Duration

1 year

Estimated Total Value

$100,000

Region

Northern America

Countries

United States

Commitment by

ClearStreet, Inc.

Partner(s) of the Commitment Maker(s)

Catholic Charities USA, SimpleFi