Recognized for its personalized and data-driven approach to improving financial well-being, Best Money Moves continues to make strides in helping individuals manage money and reduce stress.
CHICAGO, Oct. 31, 2024 /PRNewswire-PRWeb/ -- Best Money Moves, a leading financial wellness company, has been awarded the 2024 Social Impact Award for its groundbreaking contributions to improving employee financial well-being. Part of the Smart Business Dealmaker Awards, the accolade highlights Best Money Moves' commitment to making a positive difference in the lives of employees struggling with financial stress.
The Smart Business Dealmakers of the Year Awards recognize exceptional individuals shaping Chicago's business and innovation landscape. The Social Impact Award spotlights the recipients' achievements in areas such as public health, workforce development, economic growth, and community empowerment. The recognition emphasizes leadership and innovation in addressing pressing societal challenges while driving sustainable, impactful solutions.
Best Money Moves is a financial wellness platform that helps people make smarter financial decisions by providing tools and resources to reduce financial stress. The service uses AI to power a mobile-first platform that measures employee financial stress. It then creates a unique content-mapping system that delivers useful information, tools, and solutions to the employee to help reduce and resolve workforce financial pain points.
With nearly 70% of the population living paycheck-to-paycheck, including high earners, Best Money Moves is trusted by around 1,000 companies and offers solutions to improve financial stability and well-being. The company stands out for its innovative approach, especially in addressing the wealth disparity among Black and Brown communities, who hold just a fraction of the wealth of White families. Best Money Moves collaborates with nonprofits, religious organizations, educational institutions, and local governments to provide financial resources to underserved populations.
In its third iteration, Best Money Moves 3.0 offers the most flexible, customizable and curatable white-label financial wellness technology on the market. Version 3.0 also includes new and innovative assessment tools, baseline cybersecurity for all users, discounts on products and services from more than 300,000 companies worldwide, and built-in AI algorithms for an even more personalized financial wellness approach.
"We're working hard to close the racial wealth gap, but we're also working hard to boost everyone's fortunes and decision-making capabilities in the country," shares Ilyce Glink, Best Money Moves CEO.
Mike Lavista, CEO of Caxy, the custom software development company that helped design and build the SaaS platform, shares: "We're really excited about the version 3.0 release and its ability to serve even more employees with new, personalized technology that gets them the answers, products, and services they need faster."
Best Money Moves is honored by the recognition of its impactful work. Being awarded the Social Impact Award fuels its commitment to expanding its reach and developing even more effective tools for financial wellness. Best Money Moves looks forward to continuing its mission of positive social change, especially in communities where financial resources are scarce.
To learn more about their work or join their growing community, visit Best Money Moves' website and explore how they reshape financial wellness for individuals and businesses alike.
About Best Money Moves
Best Money Moves helps people measure their level of financial stress using artificial intelligence to push contextually relevant information, tools, solutions, and its customers' own benefits to its employees. The award-winning company, which is now available to more than a million employees, was named one of Chicago's 50 Startups to watch and ranks on Workforce Magazine's hot list of financial wellness providers. It has been widely featured in national publications and industry press, including Forbes, CNN, New York Times, Washington Post, NBC News, WGN Radio, Inc. Magazine, WTTW Chicago, HR Technologist, Human Resource Executive, Workforce, Inc., and Employee Benefit News.
Media Contact
Lily Blake, Roosterly, 52 9541786687, [email protected], https://roosterly.com/
SOURCE Best Money Moves
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