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Filene and Visa Collaborate on Programs for Minority Groups
Thursday, August 13, 2015 6:50 AM

In the U.S. and around the world, economic security is considered a pillar of household wellbeing. Yet today, over 50 million adults in the U.S. are underbanked, lacking access to basic financial tools and resources that can help them to save for the future, weather shocks, and build assets.

These challenges are especially difficult for minority households.

Filene has just announced that Visa has generously decided to collaborate with them to identify, test, and replicate programs serving minority groups. The work will complement Filene’s current work in the Incubator and introduce a new round of product incubation in 2016 and beyond.