NEW YORK, Feb. 11, 2020 /PRNewswire/ — CentSai and Standing Cash introduced in the present day that they’ve teamed as much as develop entry to monetary training and wellness.
Monetary training has by no means been extra necessary, with U.S. family debt hitting an all-time excessive of $14 trillion ($1.three trillion increased than the earlier peak in 2008) and solely 17 % of People aged 18 to 34 having primary monetary literacy, in accordance with FINRA’s newest Monetary Functionality Research.
Standing Cash is a social monetary app that permits customers to anonymously evaluate monetary statistics and crowdsource recommendation from friends. The corporate lately disclosed having greater than 263,000 customers and over 100 company advertisers.
CentSai teaches finance by means of storytelling and professional ideas to assist shoppers navigate monetary merchandise from a spot of data as a substitute of concern. Via private tales, guides, and quizzes, CentSai makes planning and managing your funds enjoyable, simple, and fewer intimidating.
Beneath the partnership, CentSai will present Standing Cash customers with related content material to assist them study necessary monetary ideas and construct wholesome cash habits.
“We’re excited to workforce up with a company that is going to rework monetary companies,” mentioned Arindam Nag, cofounder of CentSai. “Our content material will allow Standing Cash customers to know the advanced monetary world by means of pleasant studying instruments and experiences.”
“CentSai’s distinctive strategy to monetary training makes it enjoyable and accessible,” added Majd Maksad, founder and chief govt of Standing Cash. “This partnership creates a drive multiplier that may allow us to empower tens of millions of People with highly effective monetary instruments and knowledge.”
CentSai’s mission is to make studying private finance abilities approachable and enjoyable for younger People by means of each stage of life. CentSai gives monetary wellness training by means of its two platforms — CentSai, which serves millennials and Gen Xers, and CentSai Schooling, which serves academics. Each platforms unfold invaluable private finance data by means of private tales, movies, professional ideas, Q&As, podcasts, and extra.
About Standing Cash
Standing Cash is a New York–based mostly fintech firm that calls itself “the social app in your cash.” It gives a free monetary administration platform that exhibits customers how their funds evaluate with friends and allow them to crowdsource monetary recommendation. Standing Cash was based in 2016 by former Citi and Goldman Sachs analytics executives. For extra details about Standing Cash go to: https://statusmoney.com.
SOURCE CentSai Inc