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Financial Finesse acquires OfColor to advance financial wellness for employees of color

PRIVATEOct 30, 2024

Acquiring Company

Financial Finesse

Acquired Company

OfColor

El SegundoNew YorkFinancial ServicesFinanceLendingFinancial ServicesFinance

Description

Financial Finesse, the largest independent provider of unbiased financial coaching as an employer-paid benefit, has acquired OfColor, a bold financial wellness platform empowering employees of color to improve their financial well-being and build wealth. This acquisition further reinforces Financial Finesse's commitment to changing the financial lives of employees facing serious financial stress, particularly those who are disproportionately represented among employees of color.

Quick answer

Financial Finesse is acquiring OfColor, announced October 30, 2024. Financial Finesse is based in El Segundo, California, United States.

How much did Financial Finesse pay for OfColor?
The deal value was not disclosed.
What does Financial Finesse do?
Financial Finesse is the country’s leading independent provider of unbiased financial wellness benefits.
Where are Financial Finesse and OfColor based?
Financial Finesse is based in El Segundo, California, United States. OfColor is based in New York, New York, United States.
Who are the decision-makers at Financial Finesse?
Fundz holds 3 contacts at Financial Finesse. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

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Company Information

Company

Financial Finesse

Location

El Segundo, California, United States

About

Financial Finesse is the country’s leading independent provider of unbiased financial wellness benefits. Since 1999, we’ve helped over 10,000 organizations, including many of the Fortune 1000, improve their bottom lines and become more competitive by empowering their employees to achieve financial security. We do this by making our award-winning financial wellness programs available to employees at no cost as an employer-sponsored benefit. With highly personalized and ongoing one-on-one coaching from CFP® professionals, AI-powered virtual coaching, live workshops, webcasts, educational tools and content, we reach over 2.4 million individuals every year.

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Frequently asked

Who acquired OfColor?

OfColor was acquired by Financial Finesse, based in El Segundo. The deal was reported on October 30, 2024. Financial Finesse is the country’s leading independent provider of unbiased financial wellness benefits. Financial Finesse is privately held and operates in Financial Services.

When did Financial Finesse acquire OfColor?

Financial Finesse's acquisition of OfColor was reported on October 30, 2024. Financial Finesse, the largest independent provider of unbiased financial coaching as an employer-paid benefit, has acquired OfColor, a bold financial wellness platform empowering employees of color to improve their financial well-being and build wealth. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does OfColor do?

OfColor is a financial wellness SaaS platform that is wholly focused on improving the financial health of employees of color. It is privately held, operating in Financial Services, and is based in New York.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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