ClassWallet
Digital wallet platform for managing and disbursing public funds.
Company facts
- Founded
- 2014
- Employees
- 300
- Headquarters
- United States
- CEO
- Jamie Rosenberg
- Type
- Private
- Funding
- Series A · $95M · 2023
About
At ClassWallet, we’re passionate about transforming the utilization of public funds to maximize positive impacts on lives. Our patented digital wallet technology is designed to simplify and enhance the efficiency of public funding programs across the nation. We provide a seamless, transparent, and compliant platform that allows recipients to access public funds easily, whether they are shopping online or in-store. Created with the complexities of public fund management in mind, our solution helps organizations navigate the challenges of program integrity, compliance, and financial efficiency. Since our inception in 2014, ClassWallet has been a pioneer in financial technology for public sectors. With our tools utilized in over 35 states, we have successfully delivered more than $4 billion in public funds to millions of users. Our technology supports K-12 education initiatives, state agencies, and family scholarship programs, ensuring that public dollars are not only spent correctly but also enhance the quality of services and resources available to the community. We take pride in our commitment to security, compliance, and transparency, collaborating with our clients to achieve the highest standards in funding management.