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Ohio Partners with ClassWallet to Modernize Scholarship Programs and Improve Family Access to Education Funds.

Oct 20, 20257 months ago

Contract Type

partnership

HollywoodFinancial ServicesGovernment

Description

The Ohio Department of Education and Workforce has partnered with ClassWallet to upgrade its scholarship programs by implementing a digital platform. This initiative aims to simplify the scholarship application process for Ohio families and enhance administrative efficiency.

Company Information

Company

ClassWallet

Location

Hollywood, Florida, United States

About

Founded in 2014, ClassWallet is the leading purchasing and reimbursement platform for public funds. The company’s patented digital wallet technology ensures that public funds reach the correct recipients and are used for the intended purpose – at a fraction of the time and cost of existing technology solutions with full compliance safeguards. ClassWallet is used by state government agencies and school districts across 32 states, helping those clients realize the full potential of over $2.7 billion in public funds. Its integrated marketplace of top retailers and service providers includes Amazon, Best Buy, Home Depot, Michaels, Office Depot, Scholastic, Staples, Varsity Tutors and more.

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Agreement Insights

Based on industry data
Strategic partnership established
Partnership agreements typically involve technology integration and joint go-to-market strategies
Contract momentum indicator
Companies with recent agreements are 2.3x more likely to make additional purchases within 6 months