Be careful, monetary advisors: 6,000 girls already lean on Penny’s experience for monetary mentorship
BOSTON, January 24, 2023–(BUSINESS WIRE)–Penny Finance, the primary on-line monetary mentorship platform for ladies, at present pronounces the launch of an all-in-one group characteristic. The brand new group characteristic supplies a welcoming house for ladies the place they’ll come collectively and share recommendation on monetary wellness for at present and the longer term. The brand new group web page is moderated by the skilled Penny Finance staff, providing monetary mentorship for ladies who don’t have entry to a monetary advisor. Via Penny Finance, girls lastly have the instruments and group assist they should get their cash, debt, and investing questions answered.
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Crissi Cole, CEO and Founding father of Penny Finance (Photograph: Enterprise Wire)
In a current survey, we found 67% of Penny members need to know if they’re making the suitable monetary choice for themselves and their households. Paired with Penny’s tailored cash plans and self-empowered training, this new group platform alerts a brand new period for ladies to nurture each monetary well being and monetary wealth.
“Girls are whip-smart. We’re extra educated, stay longer, and but, we usually retire with one-third of the wealth of a person. Why? The system wasn’t constructed for us. The world of finance is a ‘boys membership’ with its personal guidelines. However, the excellent news is, it’s not as sophisticated as they made it out to be. Managing your funds must be simple. Penny is right here to indicate girls tips on how to uncover their pockets’s untapped potential; so collectively, we will shut the wealth hole,” says Crissi Cole, CEO & Founding father of Penny Finance.
The influence on girls is great. Tyler Chanel, a Penny Member from Los Angeles, shares: “Understanding funds can appear to be an amazing activity, however Penny makes it tremendous simple. Their e-learning platform shares sensible suggestions and is tremendous interactive. I like how they break down subjects corresponding to investing, proudly owning a house, and budgeting with out utilizing an excessive amount of finance jargon. Greatest $10 a month I’ve ever spent.”
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The launch of the brand new group characteristic underscores the momentum round Penny Finance’s progress potential and elevated demand for monetary wellness instruments for ladies. Earlier this month, the fintech startup celebrated its acceptance into the 2022 class of the Techstars Way forward for Longevity Accelerator, run in partnership with Pivotal Ventures, an funding and incubation firm created by Melinda French Gates.
About Penny Finance
Based by Wall Road veteran Crissi Cole, Penny Finance is the primary personalised and tech-powered monetary mentor that gives real-world data to girls who don’t have entry to a monetary advisor. Via tailored cash plans, on the spot insights, and digestible monetary training, Penny provides individualized cash recommendation to assist girls enhance money stream at present, and retire with wealth tomorrow. Be a part of the Penny Finance group at penny-finance.com.
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Contacts
Media:
Michelle Barry
Chameleon Collective for Penny Finance
michelle.barry@chameleon.co
+1 (603) 809-2748