The Beans is a platform designed to automate the finances of America’s caring professionals, who are disproportionately women. The 40M frontline employees represent the largest and fastest growing segment of the U.S. economy, and financial stress remains the top reason for these workers vacating their jobs. Financial stress is a Public Health Emergency, and lowering that stress among frontline workers will help to decrease their all-cause mortality and improve their quality of life. Additionally, the trickle-down effect for these caring professionals, including teachers, nurses, and healthcare employees, will be that they continue to care for others emphatically and improve outcomes of society-at-large. 

The Beans founder and CEO Melissa Pancoast was a key member at Oxford that developed the first program proven to reduce financial stress, which served as inspiration for The Beans. Their platform is sold as a learning and development offering to employees, and has already helped many people on their journey to financial freedom. 

The Beans website here.

HQ: San Francisco, CA

Business Model: B2B2C

Industry: FinTech

Vertical: Financial Wellness