BOSTON, June 05, 2023 (GLOBE NEWSWIRE) — Origin, the startup reimagining financial wellness in the workplace, announced today it has acquired Finny, a financial health startup. Origin will integrate Finny’s financial education, content, curriculum, and debt management tools into its financial wellness platform addressing the urgent need for improved financial literacy. Terms were not disclosed.
Money is the #1 source of stress – more than jobs, health, and relationships combined. That stress is exacerbated in the current economic environment, which is presenting people with once-in-a-generation financial challenges. Origin is tackling this problem head on by expanding access to wealth management for those who have historically been boxed out due to high barriers to entry. The Origin platform simplifies finances for individuals making it easy to track spend, get expert advice, manage investments, and take action to hit financial goals.
By acquiring Finny, Origin will now be able to offer its customers the valuable resources and financial education content necessary to empower employees to make more informed decisions about their financial future. For instance, people can now learn about credit reporting, understand the nuances involved in calculating a credit score, and then access their own credit score and get actionable advice on how to improve it.
Origin Co-Founder and CEO Matthew Watson started the company in 2019. Despite starting his career working in finance on Wall Street, Watson couldn’t find resources widely available to easily manage his personal finances, and saw the same pattern for others. “Most people are simply priced out of financial planning tools, and financial advisors traditionally only work with high income individuals. This leaves tens of millions of Americans in the dark, left with unnecessary fees as well as missed investment and tax opportunities that can cost them thousands of dollars a year,” Watson shared.
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