Newsletters

The school year is off with a huge bang for ClassWallet! Millions of dollars have been deposited into tens of thousands of user wallets. An excel spreadsheet and a click of a mouse distributed over $1.5 million to 5,700 teachers in one school district. Hundreds of thousands of dollars went to thousands of teachers and … Continue reading “ClassWallet Grows Presence in Northern California, now in Berkeley”

August was a busy month for ClassWallet. We signed 3 more Florida school districts and a new district in California. We are excited to be working with the newly signed Chan Zuckerberg Initiative on some of the great programs they are doing with schools in Northern California. Some PTAs and nonprofit organizations have signed-on rounding … Continue reading “Polk County School District – Country’s 30th Largest Signs with ClassWallet”

This past month we have been working diligently on the product to meet the growing demand of ClassWallet. This fall, we will be launching our new reimbursement feature that allows educators to submit images of receipts via desktop and through our mobile app, also launching in fall. In addition, due to the market demand, we … Continue reading “ClassWallet Expands into Tennessee; Addresses Teacher Crowdfunding”

This month ClassWallet closed school district customers in two new states, putting our solution in 14 states. More great vendor partners continue to join our ecommerce marketplace enabling us to strengthen the service we provide to teachers. And our new mobile application launching this fall will forever make physically collecting a paper receipt a thing … Continue reading “Home Depot, eNasco and Explain Everything Join the ClassWallet Network E-Marketplace”

ClassWallet is excited to have closed its recent Series Seed round led by Idea Bulb Ventures with participation with Techstars Ventures. The financing comes in the midst of a great deal of momentum for the Company. We are finding a growing trend of organizations abandoning debit cards for the ClassWallet solution. We have already doubled … Continue reading “Many Organizations Abandoning Debit Cards for ClassWallet”

I get no greater satisfaction as a founder than when our clients renew for another year. This year so far, ClassWallet is batting 100%. Every client account up for renewal in the first quarter has renewed. We pride ourselves on providing a quality product that delivers real time and cost savings value. The renewals validate … Continue reading “More School Districts Choose ClassWallet”

ClassWallet is off to a great new year. Clients are renewing for the 2016 year, and we are connecting with new districts, foundations and schools each day. We participated in a statewide finance officer event and heard the horror stories of how districts are coping with collecting teacher receipts and reviewing to ensure purchases are … Continue reading “ClassWallet President Neil Steinhardt Invited Featured Speaker at Leading FinTech Conference”

Last school year, ClassWallet was used in over 1,150 nonprofit organizations and schools. In September, we added 23 more schools to the list. We treat each new client like a partner and pride ourselves in ensuring that their transition to ClassWallet is as positive as can be. Here is an email from one of our … Continue reading “ClassWallet to Speak at Upcoming South Carolina Charter Schools Conference”

July marked another great month for ClassWallet. Three organizations – the Education Foundation of Martin County, the Education Foundation of Palm Beach County and the Foundation for Newark’s Future – signed with ClassWallet to distribute funding to the schools, teachers and programs they serve. ClassWallet was awarded top prize at the Education Industry Association Innovation … Continue reading “ClassWallet Wins Education Industry Association Innovation Lab Top Prize!”

We are very excited about the positive responses we are getting from our customers and the prospects we are talking to. As more and more users are managing dollars through our platform, we are learning about the cost savings of ClassWallet compared to doing it “the old way.” The checks, reimbursements, purchase orders, receipts, re-keying … Continue reading “Broward Education Foundation Signs with ClassWallet”

ClassWallet is off to a great 2015 with many exciting developments. I invite you to visit our new and improved website. Below are some highlights. For a more detailed update, please feel free to email me. I would enjoy giving you a personal demonstration of our funds distribution enterprise features that many education foundations, districts … Continue reading “ClassWallet News: ClassWallet Debit Cards, Amazon Payments, New Education Foundations, and More”