ClassWallet provides a digital payment platform designed for organizations that need to distribute funds for specific purposes, particularly in education and social services. The company's platform allows institutions to issue prepaid cards and digital wallets to recipients, enabling controlled spending on approved items and services. ClassWallet serves schools, government agencies, and nonprofits, helping them streamline fund distribution while maintaining oversight and compliance. The platform has gained traction in the education sector, particularly for managing federal funding programs.
ClassWallet has received investment from 1 venture capital firm.
Digital payment platform that enables organizations to distribute and manage funds for educational and social programs through prepaid cards and digital wallets.
ClassWallet has received investment from Elevate Capital. These venture capital firms and investors provide both capital and strategic support.
ClassWallet has raised $20M in total funding, with their most recent round being a Series A. The company operates in the Fintech sector.
ClassWallet was founded in 2014 and is headquartered in Hollywood, Florida.
ClassWallet operates in the Fintech sector. Digital payment platform that enables organizations to distribute and manage funds for educational and social programs through prepaid cards and digital wallets.