ClassWallet News

Ensuring Transparency with Education Savings Account Programs

From “the Learning Counsel” | By Sarah Raybon, Senior Director, Strategic Initiatives, ClassWallet | Published July 15, 2024 The number of states with education choice programs has been trending progressively upward over the last two years, with at least 36 states having considered education savings account (ESA) legislation in 2023 and 13 states implementing programs. … Continue reading “Ensuring Transparency with Education Savings Account Programs”

How Early Care and Education Organizations Can Navigate Hurdles and Efficiently Access Unused Grant Funds

From “the Learning Counsel” | By Dr. Michael López, Ph.D., Senior Director of Strategic Initiatives, ClassWallet | Published May 13, 2024 In June 2022, the California Department of Social Services agreed to award a new $1 million grant to Buds and Blossoms Preschool for a new infant care program to serve low-income children. Yet, seven … Continue reading “How Early Care and Education Organizations Can Navigate Hurdles and Efficiently Access Unused Grant Funds”

For the Public Sector, Security and Compliance are Just Good Business

From “American City and County” | By Neil Steinhardt, President, ClassWallet | Published April 17, 2024 State and local officials in charge of distributing public funds understand that security and compliance must be a top priority, but it can feel like a challenge to be fully prepared for audits. First, government organizations face a significant … Continue reading “For the Public Sector, Security and Compliance are Just Good Business”

EdTech Digest Interviews Jamie Rosenberg, ClassWallet CEO, on Getting Funding to Teachers and Schools

From "EdTech Digest" | Interview with Victor Rivero | Published November 14, 2023 A serial entrepreneur dedicated to improving education in America, Jamie Rosenberg left his mergers and acquisitions career to launch AdoptAClassroom.org, one of the first crowd funding sites on the Internet. Jamie grew AdoptAClassroom.org to one of the largest education philanthropies in the … Continue reading “EdTech Digest Interviews Jamie Rosenberg, ClassWallet CEO, on Getting Funding to Teachers and Schools”

South Florida Scaleup ClassWallet Raises $95M To Continue Reshaping How Public Agencies Do Business

From "Refresh Miami" | Nancy Dahlberg | Published August 15, 2023 After several years of doubling and tripling its business, ClassWallet, the digital wallet-based purchasing and reimbursement platform for public funds, announced today it closed a growth funding round of $95 million. "ClassWallet has fundamentally transformed the way state agencies and school districts disburse funds, … Continue reading “South Florida Scaleup ClassWallet Raises $95M To Continue Reshaping How Public Agencies Do Business”

Washington’s Tech Play to Streamline School Relief Distribution

From "Government Technology" | News Staff | September 27, 2022 The state has partnered with the financial technology company ClassWallet to help manage the distribution of federal relief funds given to private and other nonpublic schools, an announcement said. Washington state officials have partnered with the fintech platform ClassWallet to help distribute $3.8 million in … Continue reading “Washington’s Tech Play to Streamline School Relief Distribution”

Now with 160 employees, ClassWallet sees 916% 3-year growth. That’s ‘just scratching the surface’

From “Refresh Miami” | Riley Kaminer | September 1, 2022 Hollywood-based ClassWallet helps teachers, maintenance crews, and families get access to the capital they need – so schools can worry less about accounts payable and more on educating the next generation of Americans. Their platform eliminates the manual aspects of purchasing, digitizing the paper trail … Continue reading “Now with 160 employees, ClassWallet sees 916% 3-year growth. That’s ‘just scratching the surface’”

ClassWallet Signs String of New State Contracts

From ‘Payments Dive’ | Jonathan Berr | Published July 19, 2022 Demand for ClassWallet’s education digital payments tools increased during the coronavirus pandemic, and that rise has continued this year in the company’s signing of new state contracts. Demand for education technology surged during the coronavirus pandemic, when school districts sought funding to combat “learning … Continue reading “ClassWallet Signs String of New State Contracts”

Minnesota Department of Education Selects ClassWallet to Distribute Federal EANS and ELC Funds to K-12 Schools to Help Offset Pandemic-Related Disruptions and Support COVID-19 Testing Programs

MIAMI and ROSEVILLE, Minn., Feb. 15, 2022 /PRNewswire/ — The Minnesota Department of Education has selected ClassWallet to distribute up to $55 million from two federal funding programs to help kindergarten through 12th grade schools manage the continuing disruptions caused by COVID-19. The first program, funded with up to $40 million in Emergency Assistance for … Continue reading “Minnesota Department of Education Selects ClassWallet to Distribute Federal EANS and ELC Funds to K-12 Schools to Help Offset Pandemic-Related Disruptions and Support COVID-19 Testing Programs”