May 30, 2024

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First Greenback, DriveWealth Collab on Investing

First Greenback, DriveWealth Collab on Investing

Healthcare advantages infrastructure agency First Greenback is collaborating with world FinTech funding rail and fractional investing firm DriveWealth to energy a Well being Financial savings Account (HSA) investing expertise inside their API-driven Well being Pockets Platform.

Well being plans, monetary establishments, and third-party directors (TPAs) can accomplice with First Greenback for white-labeled advantages embedded inside their present card and member portal, based on a Tuesday (Sept. 13) press launch.

Shoppers with HSAs will be capable to put money into fractional shares and faucet a cross-section of equities and ETFs from their particular person well being pockets dashboards.

See additionally: Millennial Minute: When It Involves Paying the Physician, Half Now Use Cell Wallets

Shoppers are more and more investing a portion of their HSA funds, based on the discharge. First Greenback’s collaboration with DriveWealth is striving to make that investing frictionless. Just like the First Greenback Well being Pockets platform, customers can entry the HSA funding expertise in a number of languages.

“Partnering with DriveWealth was a no brainer,” First Greenback Senior Product Supervisor Izamar Loredo stated within the launch. “Their APIs give us the pliability to take the clear and easy strategy to UX that First Greenback’s embeddable advantages platform is thought for and increase that imaginative and prescient to the traditionally advanced world of investments.”

Learn extra: 28% of Sufferers Would Wish to Use Digital or Cell Wallets to Pay for Healthcare

“We’re thrilled to accomplice with the First Greenback group, whose customer-first values align with ours right here at DriveWealth,” stated Stan Smith, managing director of DriveHSA, powered by DriveWealth.

“First Greenback’s distinctive choices have supplied clients with a gateway to the very best well being plan for his or her wants. Via this partnership, we’re excited to equip First Greenback clients with seamless HSA investing capabilities to assist them take larger management of their monetary futures,” Smith stated.

Associated: 2 in 3 Paycheck-to-Paycheck Shoppers Favor to Pay Drs. With Credit score

 

First Greenback, DriveWealth Collab on Investing

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https://www.pymnts.com/information/banking/2022/embedded-finance-expands-payments-options-reduces-merchant-risk-says-keybank/partial/