Penny Finance Signals a New Era for Women With Their AI-powered Financial Platform

BOSTON–(Small business WIRE)–Penny Finance, the initial on the internet economic mentorship platform for girls, right now announces the start of an all-in-one particular local community characteristic. The new neighborhood aspect offers a welcoming area for ladies the place they can appear collectively and share advice on money wellness for today and the potential. The new local community website page is moderated by the seasoned Penny Finance crew, presenting economical mentorship for ladies who do not have obtain to a economical advisor. By way of Penny Finance, women of all ages lastly have the equipment and group aid they want to get their money, financial debt, and investing queries answered.

In a current survey, we found out 67{1b90e59fe8a6c14b55fbbae1d9373c165823754d058ebf80beecafc6dee5063a} of Penny customers want to know if they are building the suitable monetary choice for themselves and their households. Paired with Penny’s tailor-produced revenue strategies and self-empowered schooling, this new neighborhood system alerts a new period for females to nurture both equally financial health and fitness and fiscal prosperity.

“Women are whip-smart. We are additional educated, live more time, and nevertheless, we ordinarily retire with one particular-3rd of the wealth of a male. Why? The system wasn’t created for us. The planet of finance is a ‘boys club’ with its own procedures. But, the excellent information is, it is not as complex as they built it out to be. Controlling your funds should be quick. Penny is below to demonstrate females how to find their wallet’s untapped opportunity so jointly, we can shut the wealth gap,” states Crissi Cole, CEO & Founder of Penny Finance.

The influence on ladies is large. Tyler Chanel, a Penny Member from Los Angeles, shares: “Knowing funds can seem like an overpowering endeavor, but Penny makes it tremendous easy. Their e-discovering system shares simple tips and is tremendous interactive. I enjoy how they crack down topics such as investing, owning a home, and budgeting with no making use of far too substantially finance jargon. Ideal $10 a thirty day period I have ever used.”

The launch of the new group element underscores the momentum all-around Penny Finance’s development opportunity and increased desire for financial wellness resources for women of all ages. Previously this thirty day period, the fintech startup celebrated its acceptance into the 2022 class of the Techstars Upcoming of Longevity Accelerator, run in partnership with Pivotal Ventures, an investment decision and incubation firm made by Melinda French Gates.

About Penny Finance

Established by Wall Avenue veteran Crissi Cole, Penny Finance is the initial personalised and tech-run economic mentor that provides true-environment knowledge to gals who don’t have entry to a financial advisor. By way of tailor-built revenue ideas, quick insights, and digestible economic training, Penny offers individualized revenue assistance to support girls increase dollars flow right now, and retire with wealth tomorrow. Be a part of the Penny Finance group at

Christopher Lewis

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