Due to the economic hardships brought on by the coronavirus pandemic, FinFit, a FinTech company that provides over 150,000 employers with a holistic financial wellness benefit platform, announced it is opening the platform free of charge to any employer that wants to offer financial wellness resources for their employees.
Virginia Beach, Va.-based FinFit already extended financial wellness resources and support to members that have been impacted by COVID-19, with temporary or permanent unemployment.
But as the pandemic escalates, “it’s apparent that all Americans need access to as many financial wellness resources as we can make available to weather these challenges,” the company said in a statement.
“Our mission is unwavering. We want to give every American the ability to solve the real-world financial challenges they’re facing and achieve financial stability,” said David Kilby, CEO/President of FinFit. “Now more than ever, we need to do our part to stabilize our economy—and that starts with people. We’ll make FinFit’s financial wellness platform available to employers for free, through June 30, 2020. We have the resources, and we’re here to help. We’re all in this together.”
The company could stand to benefit down the line from the move if companies taking advantage of the offer end up becoming clients after the free period ends.
Any employers that wish to offer the FinFit platform to their employees can email or call and FinFit will be activated for their organization. Employees will have 24/7 online access to various financial tools, resources and solutions to help successfully navigate these uncertain times, FinFit said.
FinFit has launched a Coronavirus (COVID-19) Resource Center, updated real-time with accurate, timely resources to give individuals information, clarity and direction. Some areas the company is supporting:
- What should you do if you lost your job?
- Does your business qualify for the SBA Economic Injury Disaster Loan (EIDL)?
- How can you quickly adapt to the new remote work norm?
- What resources are available through FinFit, the government or personal assets?
To offer these financial wellness services to employees, visit FinFit.com and access will be available this week.
Veteran financial services industry journalist Brian Anderson joined 401(k) Specialist as Managing Editor in January 2019. He has led editorial content for a variety of well-known properties including Insurance Forums, Life Insurance Selling, National Underwriter Life & Health, and Senior Market Advisor. He has always maintained a focus on providing readers with timely, useful information intended to help them build their business.
