News Archives

ClassWallet Unveils Expense Tool For School Maintenance

Miami-based FinTech ClassWallet has grown its classroom expense management offering to help with the requirements of custodial and maintenance workers in primary and secondary schools, according to a Monday (Jan. 25) announcement. “We’re making it easier for school employees charged with maintaining school facilities to obtain the supplies they need while automating the reconciliation of … Continue reading “ClassWallet Unveils Expense Tool For School Maintenance”

The Education Report: ClassWallet to Distribute “Strong Families, Strong Students” Initiative Funds In Idaho to Low Income Families

OCTOBER 19, 2020 / PRNEWSWIRE – ClassWallet has been awarded a contract from the State of Idaho and the Idaho State Board of Education to help distribute close to $50 million in funds for its ‘Strong Families, Strong Students Initiative’ to families for their remote learning needs during the COVID-19 pandemic. Funds for the initiative … Continue reading “The Education Report: ClassWallet to Distribute “Strong Families, Strong Students” Initiative Funds In Idaho to Low Income Families”

ClassWallet Powers Oklahoma Governor’s Emergency Education Relief Fund

“Low-income Enid families can receive up to $1,500 in funds for school supplies, tutoring and technology needs as more schools turn to distance learning during the COVID-19 pandemic. As part of its Digital Wallet program, the Governor’s Emergency Education Relief Fund will provide grants to up to 5,000 families statewide at or below the poverty … Continue reading “ClassWallet Powers Oklahoma Governor’s Emergency Education Relief Fund”

PaymentsSource: Coronavirus, Data Security Changing How Teachers Handle Classroom Expenses

By Kate Fitzgerald August 31, 2020 When the coronavirus pandemic forced teachers and students to move classroom learning online this year, school districts and educators suddenly face a raft of challenges around handling new expenses for tools needed for cyber education. Many schools are still improvising ways to authorize and reimburse teachers for online learning … Continue reading “PaymentsSource: Coronavirus, Data Security Changing How Teachers Handle Classroom Expenses”

The Card Networks and Open Banking; Crypto Platform Joins Mastercard Network

The Card Networks and Open Banking; Crypto Platform Joins Mastercard Network and other Digital Transactions News briefs from 7/20/20 Cryptocurrency platform Wirex has become the first such entity to obtain a principal membership in the Mastercard network. The move comes as Mastercard Inc. announced an expansion of its cryptocurrency program, which aims to make it easier for … Continue reading “The Card Networks and Open Banking; Crypto Platform Joins Mastercard Network”

ClassWallet as a Solution to Most, if Not All, Misspending

ClassWallet is being used to help provide oversight of how parents spend money in their ESA accounts in real time, and could reduce the administrative burden of auditing ESA expenses. Under the previous system, which used debit cards through Bank of America, there was a higher risk for fraud and misspending whether families meant to … Continue reading “ClassWallet as a Solution to Most, if Not All, Misspending”

ClassWallet’s Efma Fintech Friday Interview

Jamie Rosenberg, founder and CEO of ClassWallet, spoke with Efma’s Boris Plantier about how his company is making the lives of teachers and administrators easier all over the U.S. What led to the creation of ClassWallet? After starting www.AdoptAClassroom.org, a crowdfunding platform for teachers, in 1998 and managing the organization for 15 years, I saw … Continue reading “ClassWallet’s Efma Fintech Friday Interview”

This App Solves an Expensive Problem for Many Teachers

Instead of spending their own money and submitting receipts and paperwork in hopes of reimbursement, teachers can just deduct it from their ClassWallet account that’s linked to the school. Since all this is done online, all transactions are fully transparent and easily trackable. ClassWallet is a financial technology company providing a spending management solution for … Continue reading “This App Solves an Expensive Problem for Many Teachers”

ClassWallet is Bringing Classroom Money Management to a School Near You

When it comes to keeping track of money for classroom expenses, collecting cash for field trips is just the tip of the iceberg. There are several common issues that every teacher faces when it comes to money, or lack of money, in the classroom. And most stem from how it’s managed. ClassWallet is a financial … Continue reading “ClassWallet is Bringing Classroom Money Management to a School Near You”

ClassWallet News