![]() ![]() Saving valuable time and overhead costs to track, pay and facilitate rules-based purchases and reimbursements. ClassWallet is used in 27 states and by 20 state agencies across 6,200 schools serving 6.1 million students. ![]() Prior to ClassWallet, state departments and school districts were relying on manual processes and legacy tools for fund disbursement and spend management, which were not purpose-built for compliant spending and efficient disbursement at scale.ĬlassWallet has rapidly expanded to over 27 states and hundreds of school districts (including four of the top 10 districts nationally), supporting numerous funding programs such as educational savings accounts (ESAs), early childcare, learning loss grants and teacher stipends.įounded in 2014, ClassWallet ( is the leading digital wallet technology platform for federal, state and local education and government agencies. The desire to streamline workflows and the need to ensure compliance, mitigate potential fraud, and track spending are driving adoption of the solution. Through its patented digital wallet technology, ClassWallet enables its customers to disburse funds quickly and compliantly at scale, while automating every step of the purchasing and reimbursement lifecycle. We are thrilled to partner with ClassWallet as they expand upon their leading position in the education and state government digital spend management market."ĬlassWallet is the market leader in efficient and compliant disbursement of funds to a decentralized user base addressing $25 billion of state and federal government and K-12 education funding initiatives. "The Company embodies everything that we look for as an entrepreneur-led, capital efficient, rapidly growing, and highly differentiated business in a compelling market. "ClassWallet has fundamentally transformed the way state agencies and school districts disburse funds compliantly at scale," said Gene Nogi, Guidepost General Partner. ClassWallet Logo (PRNewsfoto/ClassWallet) ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |