Stronger Together: SaverLife and Onward Financial Join Forces to Bring Financial Security to American Workers

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We have exciting news to share. As of today, Onward Financial will join the SaverLife family as part of an acquisition. Together, we will advance our shared vision of building financial security for all American workers and modernizing workplace benefits for a more equitable future.

Our goal is to merge Onward’s excellent product experience, which includes a mobile app, payroll integration, and seamless employer onboarding, with SaverLife’s rapid growth, deep expertise in rewards and incentives, and strong operations. As a combined organization we will be better positioned to scale our impact with employers and to deliver on workplace benefits that build a more equitable economy.

As leaders in nonprofit financial technology, we believe great potential exists for mission-minded organizations like ours to emerge as leaders in the workplace benefits space. Our products are designed first and foremost to achieve measurable impact for those we seek to serve, in this case, lower-wage workers all too often excluded from opportunities to build wealth.

We are grateful to the Onward and SaverLife teams, to our Board of Directors, and to our funders and supporters for believing in us, investing in us, and empowering us to move forward as a united force.

With an aligned mission, shared vision, and hope for a future of well-designed employer benefits that meet the needs of lower-wage workers, we could not be prouder to usher in a new future of financial security, together.

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Leigh Phillips
CEO, SaverLife

 
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Ronnie Washington
CEO, Onward Financial

 
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