Financial wellness

Its data-driven financial management services for workers who live paycheck to paycheck — and a contract with Walmart — have attracted executives from Facebook, JPMorgan and elsewhere as well as a major investment from the head of Box.

Several challenger banks are trying to relieve consumers’ financial stress by offering tools that guide better habits.

After the Cincinnati bank started a personal assistant service for new mothers, it learned new parents needed help with budgeting, and that motivated it to team up with a Goldman Sachs firm to establish a financial wellness program for all its employees.

Oportun, a consumer lender that focuses on Latinos, is rolling out a product designed to combat overdraft fees.

It’s not just hourly workers who struggle to make ends meet — many managers also often find themselves short on cash each month. To help employees cope, the retail chain is using a tool developed by the fintech Even to give them access to their wages before the next pay period.