We aspire to accomplish that by building innovative solutions that make people financially secure.
We collaborate with consumers, the financial services industry, policy makers, and mission-driven organizations to discover ideas, pilot solutions, and drive innovations to scale so wealth can become possible for everyone.
We Work with Industry
We understand broad change requires market players to act. We apply consumer insight and business acumen to build solutions that our industry partners scale. Our partners trust us to deliver solutions that are aligned with business objectives and good corporate citizenship, and are good for consumers. The solutions we build are grounded in real life, based on our deep understanding of people who are financially vulnerable and how businesses can best serve them.
We envision a financial services marketplace that works for everyone.
We are Policy Driven
Policymakers trust us to deliver insights that are data-driven, bipartisan, practical and effective. Our policy work includes collaborating with government to find ways to eliminate regulatory barriers, to craft and protect policies that enable broad access to the financial system, and to deliver essential consumer tools at scale.
We envision a financial system that works for everyone.
We Work with the Social Sector
We partner with other mission-driven organizations to understand consumers, pilot and test solutions, and pursue scale opportunities that deliver meaningful social impact.
We envision a social sector engaged in building financial opportunity for everyone.
Overview
Mentions in press and media 7
| Date | Title | Description |
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| Jun 13, 2024 | Commonwealth Report Shows How AI Can Improve Lives of Less Wealthy | A report from Commonwealth highlights the ways AI can improve the financial lives of people with low to moderate incomes. It is the result of a three-year project supported by JPMorgan Chase. The firms said it is urgent to research and iden... |
| Jan 25, 2023 | Commonwealth Collaborates with JPMorgan Chase to Examine the Effect of Emerging Technology on Financially Vulnerable Americans | Commonwealth Practically, we hope to give financial technology developers and providers a much deeper understanding of users earning low and moderate incomes, and create hands-on experience to shape emerging tech based on this deeper unders... |
| Jul 14, 2021 | Truist Financial : launches ‘Start. Save. Win!' pilot program to help clients build emergency savings | CHARLOTTE, N.C., (July 14, 2021) - Truist Financial Corporation (NYSE: TFC), in partnership with Commonwealth via BlackRock's Emergency Savings Initiative, today announces the 'Start. Save. Win!' sweepstakes pilot program to encourage those... |
| Feb 16, 2021 | Commonwealth to Address Systemic Financial Insecurity for Non-Traditional Workers | The changing nature of work and proliferation of non-traditional workers has created new challenges in enabling worker financial security. BOSTON (PRWEB) February 16, 2021 Today, national nonprofit Commonwealth (buildcommonwealth.org) annou... |
| Feb 2, 2021 | Voya Becomes First Retirement Company to Join BlackRock’s Emergency Savings Initiative to Advance Workplace Emergency Savings | As American workers face ongoing economic hardship and an increasingly urgent savings crisis, these changes to the financial system infrastructure will provide a critical foundation to financial security for all Americans. BOSTON (PRWEB) Fe... |
| Sep 11, 2019 | MassChallenge FinTech Launches Application for 2020 Program, Announces Three New Partnerships | Boston, MA – MassChallenge, a global network of zero-equity startup accelerators, yesterday celebrated the launch of applications for the second program of MassChallenge FinTech (MCFT20). Enterprise-ready startups – in general, those that h... |
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FAQ about Commonwealth
When was Commonwealth founded?
Commonwealth was founded in 2000.
What has the press written about Commonwealth?
Parsers VC has collected 7 articles mentioning Commonwealth, among them “Commonwealth Report Shows How AI Can Improve Lives of Less Wealthy” (Jun 13, 2024) and “Commonwealth Collaborates with JPMorgan Chase to Examine the Effect of Emerging Technology on Financially Vulnerable Americans” (Jan 25, 2023).
Is Commonwealth still active?
Yes, Commonwealth is active; its latest activity on Parsers VC dates from Mar 2, 2026.