GeekWire: Seattle Startup Vets Launch Platform That Lets Employers Provide Emergency Savings Accounts
The pandemic has caused a financial burden for millions of employees across the nation. It also impacts the companies that people work for due to lower productivity, distractions, and other factors.
A new Seattle startup called Secure is launching to help employers offer a financial wellness benefit to workers beyond their paycheck in the form of an emergency savings account (ESA). The company, which just spun out of Pioneer Square Labs, provides software that lets employees make automatic, post-tax payroll deferrals into a customized savings account.