Entitled Solutions is a financial wellness platform that provides low-income workers with access to salary advances, personal loans, and low-cost health insurance, all based on employment and performance data. By facilitating these essential financial and health benefits, the platform addresses the challenges of financial insecurity and limited access to healthcare for this demographic.
Funding
$3.3M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Low-income workers often face challenges accessing essential financial services like salary advances and personal loans due to limited credit history and income volatility. Traditional healthcare plans can also be unaffordable, leaving this demographic vulnerable to financial strain from unexpected medical expenses.
Solution
Entitled Solutions offers a financial wellness platform that provides low-income employees with access to financial and health benefits based on their employment and performance data. The platform facilitates access to salary advances, personal and medical loans, low-cost health insurance plans, savings products, and government benefits. By integrating with employer payroll and performance systems, Entitled Solutions assesses risk and extends financial services to employees who may not qualify through traditional channels. This helps improve employee financial stability, reduce financial stress, and increase engagement and retention.
Target Audience
The primary target audience includes employers looking to enhance their employee benefits package, improve retention rates, and increase employee engagement, specifically focusing on companies with a large proportion of low-income workers.
Features
- Salary advances and personal loans based on employment and performance data
- Low-cost, comprehensive healthcare plans covering hospitalization and out-of-pocket expenses
- Flexible and secure savings products for emergencies and long-term goals
- Access to eligible central and state government schemes with end-to-end enrollment support
- Employer-run reward programs and perks for positive lifestyle changes
- Integration with payroll systems for automated eligibility checks and disbursement
- Mobile app for employees to manage their benefits and track their financial wellness