The Beans
The Beans is a financial care platform that helps employers improve retention and wellbeing by giving employees personalized, automated cash flow plans, evidence-based professional development courses, and community support sessions led by financial advisors and behavioral coaches. The platform is designed to address finances—the number one source of employee stress—and has helped partners reduce turnover to 6.6% while increasing staffing by 9.5%.
- Financial Technology
- HR Technology
- Software Only
- Education Technology
Funding
Funding not disclosed
Founders
Founder details are not available yet.
Product
Problem
Financial stress is a leading driver of employee disengagement and turnover, yet most employers lack effective, scalable tools to address it. Traditional financial wellness benefits are often generic, one-size-fits-all resources that fail to produce measurable improvements in employees' financial health or retention.
Solution
The Beans delivers a structured financial care platform that combines personalized, evidence-based cash flow planning with interactive professional development courses and community support. Each participant receives an automated cash flow plan that evolves with their financial situation, supported by positive, proactive guidance. Employees also gain access to community sessions facilitated by financial advisors and behavioral coaches to address specific financial challenges. The platform is designed to demonstrate employer care while achieving measurable outcomes such as increased savings and reduced debt, with partners reporting significant improvements in retention.
Target Audience
Primary customers are employers seeking to improve employee retention and wellbeing, including organizations in caring professions such as Head Start programs, as well as HR leaders and benefits managers.
Features
- Personalized, automated cash flow planning that adapts to each employee's changing financial circumstances
- Evidence-based interactive professional development courses focused on financial stress reduction and progress
- Community support sessions led by financial advisors and behavioral coaches for targeted problem-solving
- Ongoing positive and proactive support embedded in the app to sustain engagement and habit formation
- Outcomes-focused design proven to increase savings and reduce debt among participants
- Secure financial data integration via Plaid and Moov, with bank credentials never stored and transaction data held on encrypted Google Cloud Servers