We are proud to share that Candidly has been named to Fast Company's list of the world's Most Innovative Companies for 2024. 🚀 80% of Americans with student loans prioritize paying down their college debt over saving for retirement — a tradeoff with devastating consequences for long-term financial security. So when lawmakers first proposed a policy to enable employers to match workers' student loan payments with retirement contributions, we started developing the technology needed to bring such a program to life. And as a result of our proactive stance and steadfast willingness to make big bets in borrowers' best interest, Candidly was ready to help stakeholders operationalize the legislation from the moment it became law on January 1, 2024. Our SECURE 2.0-compliant Student Loan Retirement Match solution is just one example of how innovation drives impact at Candidly, and one of many reasons why we're so proud to be recognized among the world's Most Innovative Companies. Read more here: https://lnkd.in/gjarVdN3
Candidly
Financial Services
Student debt solutions that build financial wellness everywhere consumers earn, spend, and save.
About us
Candidly is an AI-driven student debt and savings optimization platform that addresses the full lifecycle of education expenses and empowers people to make simultaneous progress on paying down student debt and building wealth. Candidly partners with leading employers, financial services companies serving the workplace like 401(k) and 403(b) recordkeepers, financial institutions, retirement plan advisors and more, to embed its experience anywhere a user works, banks, or experiences financial services. The platform supports flexible integration options including outlink, SSO, widget integration, and APIs that meet partners where they really are in resourcing, technical debt, and product resourcing/roadmap capacity. Candidly supports multiple branding options including white labeling and co-branding. Candidly understands that education is one of the largest investments most people will make in a lifetime — whether for themselves or their children. Candidly brings compassion, authenticity, and confidence to Americans as they navigate their higher education pursuits — past, present and future. Candidly is backed by leading venture capital and strategic investors including Aflac, Equal Opportunity Ventures, Impact Engine, Rethink Impact, Salesforce Ventures, UBS, Unum, and Vulcan Capital. For more information, visit www.getcandidly.com.
- Website
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https://getcandidly.com
External link for Candidly
- Industry
- Financial Services
- Company size
- 51-200 employees
- Headquarters
- New York City
- Type
- Privately Held
- Founded
- 2016
- Specialties
- Employee benefits, Fintech, Retirement benefits, Financial wellness, and Talent acquisition and retention
Locations
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Primary
New York City, US
Employees at Candidly
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Robin Roylance
Digital Marketing Professional | B2C and B2B Marketing & Sales Enablement Programs | Strategic Thinker with Operational & Executional Competence
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Michael Degnan
Head of Enterprise Innovation at PNC
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Nuno Leong
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Nathan Sweet
Product Management | Artificial Intelligence | FinTech | Financial Wellness
Updates
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Two federal district courts on Monday issued orders that halt further implementation of the SAVE Plan. The orders were entered in response to lawsuits filed by lawmakers in Kansas and Missouri, and prevent the Department of Education from issuing any further loan forgiveness through SAVE and from reducing monthly loan payments under SAVE from 10% to 5% of borrowers’ discretionary income (a change that had been slated to be carried out on July 1). It’s expected that the Biden administration will fight this legal challenge, but for the time being, borrowers should expect that their monthly payment amount will remain the same. The orders do not, however, block borrowers from enrolling in SAVE, or reverse any payments made by or forgiveness granted to borrowers who are already enrolled in the repayment plan. Read more about this latest roadblock for federal student loan borrowers: https://lnkd.in/gJpDhZvF.
US judges block parts of Biden's student loan relief plan
reuters.com
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Are you at #SHRM24? We are! Drop by booth 423 to say 'hi' to our team 👋 Andrew Blaho Ryan Derkson Michael Sowa, CFA, FRM, CAIA Brittany Tony
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Recent studies have found that for every $100 in wealth held by white households, Black households hold only $15. The racial wealth gap is, simply put, massive — and it continues to grow each year. Each year, we observe Juneteenth as a company holiday to celebrate freedom, reflect on the continued fight for equity, and consider how our mission — to bring financial wellness within reach for everyone — can help to narrow the racial wealth gap.
Addressing Financial Wellness Inequities Faced By Black Employees
getcandidly.com
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Federal student loan repayment resumed last fall. How have borrowers been faring in the months since this turning point? Here's what we learned when we surveyed borrowers on the financial — and emotional — impacts of the return to repayment:
Inside the Rocky Start to the Return to Repayment
getcandidly.com
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Heading to #SHRM24? Schedule time to meet with our team to learn about bringing smarter financial wellness benefits to your workplace — and score a custom candy box to take home 🍭 Learn more and schedule your meeting here: https://lnkd.in/gKz66VEA
Meet with Candidly at SHRM24
pages.getcandidly.com
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For highly educated, highly indebted nonprofit workers, PSLF can be "a light at the end of the tunnel." Check out these highlights from our latest webinar, and join us in thanking Dr. LaTonya Henderson, Carli Coyne Reddy, CSLP, and Michaela (Noé) Rubin for sharing their insights!
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Tuition reimbursement benefits unlock tax incentives, cultivate employee loyalty, attract top talent, and promote a more inclusive workplace. Take a closer look at what employers have to gain by offering this perk in the latest from our blog:
Tuition Reimbursement: What Employers Have to Gain
getcandidly.com