Financial Solutions Lab
Financial Solutions Lab is a nonprofit innovation program within the Financial Health Network that identifies, tests, and scales innovative financial health solutions, serving financial services leaders, employers, policymakers, and innovators in the United States.
- Company typePrivate
- Founded2014
- HeadquartersChicago, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Financial Solutions Lab does
Financial Solutions Lab is an innovation program operated under the Financial Health Network, a Chicago-based nonprofit that has worked to improve financial health outcomes for more than two decades. Founded in 2014 and listed among the parent organization's eight active programs alongside EMERGE, Financial Health Pulse, Financial Health Frontiers, and BlackRock's Emergency Savings Initiative, the Lab's stated function is to identify, test, and scale innovative financial health solutions. Its operational scale is small, with one to ten employees reflected in firmographic data and no separate incorporation, legal entity, or commercial pricing model disclosed.
The program does not maintain an independent technology stack, product roadmap, or revenue model documented in the input data; instead, it operates as a non-commercial initiative that draws on the Financial Health Network's research, membership, events, and funder relationships to engage financial services leaders, employers, policymakers, and innovators. The parent organization runs an analytics stack using Google Analytics, Mixpanel, Hotjar, and LinkedIn analytics for its own website, but there is no evidence that the Lab itself builds proprietary software or AI systems. No customers, partnerships, patents, funding rounds, or acquisitions are attributed to the Lab.
Because the Lab is structured as a nonprofit program rather than a standalone commercial entity, its economic activity is funded through the parent's grants and funder base rather than transactional revenue. The leadership team disclosed is parent-organization level, including CEO & Founder Jennifer Tescher, VP Communications Naomi Adams Bata, Director of Marketing and Communications Michael Salmassian, and Senior Director Sarah Austrin-Willis, with no separate management team documented for the Lab itself.
Financial Solutions Lab firmographics
Firmographics- Name
- Financial Solutions Lab
- Legal name
- Financial Solutions Lab
- Website
- https://finlab.finhealthnetwork.org
- Company type
- Private
- Founded year
- 2014
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Financial Solutions Lab is a nonprofit innovation program within the Financial Health Network that identifies, tests, and scales innovative financial health solutions, serving financial services leaders, employers, policymakers, and innovators in the United States.
- Ownership category
- akta.pro rank
Where Financial Solutions Lab is headquartered
LocationHeadquarters
- HQ city
- Chicago
- HQ country
- United States
- HQ region
- North America
Markets served
Financial Solutions Lab business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Financial Solutions Lab product offering
Product offeringCore offering
Financial Solutions Lab is a program under the Financial Health Network that identifies, tests, and scales innovative financial health solutions. It operates as a catalyst within the nonprofit's broader portfolio of programs (alongside EMERGE, Financial Health Pulse, and Financial Health Frontiers), engaging financial services leaders, employers, policymakers, and innovators to develop and deploy solutions that improve financial health outcomes.
Product overview
Financial Solutions Lab is a single program offering under the Financial Health Network organization. It is one of eight distinct programs listed in the organization's Programs and Resources section, alongside programs such as EMERGE, Financial Health Pulse, BlackRock's Emergency Savings Initiative, and Worker Financial Wellness Initiative. The Financial Health Network itself operates as an organization focused on improving financial health, offering services through Inform, Consult, Innovate, and Connect pillars. Financial Solutions Lab specifically functions as an innovation-focused program within this portfolio.
Differentiator
Problem solved
Functional benefit
Products and services
- Financial Solutions Lab Innovation program under the Financial Health Network that identifies, tests, and scales innovative financial health solutions. Targets financial services leaders, employers, policymakers, and innovators.
Companies that use Financial Solutions Lab
Customer profileIdeal customer profiles3 records
Financial Solutions Lab technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Financial Solutions Lab partnerships and signals
Strategic signalRecent moves3 records
Expansion highlights3 records
Financial Solutions Lab competitors and assessment
Company assessmentDirect peers
- Common Cents Lab: Innovation lab focused on financial well-being research and behavioral interventions for low- and middle-income consumers; directly comparable to FSL as a research-driven, mission-aligned financial-health innovation program.
- SaverLife: Nonprofit focused on savings and financial security for working families; comparable to FSL as a nonprofit operating programs and partnerships aimed at improving consumer financial health.
- Aspen Institute Financial Security Program: Think-and-do tank that works on financial security policy, products, and practice; comparable to FSL in convening innovators, funders, and policymakers around financial-health solutions.
- Cities for Financial Empowerment Fund: Nonprofit that designs and scales municipal financial-empowerment initiatives; comparable to FSL as a program-oriented nonprofit developing and scaling financial-health interventions.
- National Endowment for Financial Education (NEFE): Private nonprofit funding research and public-awareness efforts in financial education; comparable to FSL as a nonprofit operating programs and grant-funded initiatives in the financial-wellness space.
- GreenPath Financial Wellness: National nonprofit providing financial counseling, education, and debt-management programs; comparable to FSL as a mission-driven organization focused on improving household financial health.
- Foundation for Financial Planning: Nonprofit that funds pro-bono financial planning and research; comparable to FSL as a grant-making nonprofit supporting access to financial-health resources.
- National Foundation for Credit Counseling (NFCC): National nonprofit network of credit counseling agencies; comparable to FSL as a long-standing nonprofit ecosystem working on consumer financial health and education.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat4 records
Key risks4 records
Key highlights5 records
Customer concentration
Financial Solutions Lab social profiles
Digital presenceFinancial Solutions Lab financial estimates
Financial estimateRevenue estimate
Valuation estimate
Financial Solutions Lab leadership team
Management profileNumber of profiles
Profiles4 records
Financial Solutions Lab funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Financial Solutions Lab M&A and investment
M&A and investmentM&A
Investments54 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Financial Solutions Lab
What does Financial Solutions Lab do?
Financial Solutions Lab is a program under the Financial Health Network that identifies, tests, and scales innovative financial health solutions. It operates as a catalyst within the nonprofit's broader portfolio of programs (alongside EMERGE, Financial Health Pulse, and Financial Health Frontiers), engaging financial services leaders, employers, policymakers, and innovators to develop and deploy solutions that improve financial health outcomes.
Is Financial Solutions Lab a public or private company?
Financial Solutions Lab is a private company. It is classified as nonprofit foundation owned and is currently operating.
When was Financial Solutions Lab founded?
Financial Solutions Lab was founded in 2014. It employs 1 to 10 people.
Where is Financial Solutions Lab based?
Financial Solutions Lab is headquartered in Chicago, United States, in the North America region.
Who are Financial Solutions Lab's main competitors?
Direct peers on record are Common Cents Lab, SaverLife, Aspen Institute Financial Security Program, Cities for Financial Empowerment Fund, National Endowment for Financial Education (NEFE), GreenPath Financial Wellness, Foundation for Financial Planning and National Foundation for Credit Counseling (NFCC).
Does Financial Solutions Lab have an API?
No public API is recorded for Financial Solutions Lab.