ProsperOn Concludes Participation in MassChallenge Fintech Program

June 19, 2024

ProsperOn Concludes Participation in MassChallenge Fintech Program

Boston, MA – June 19, 2024 - We are thrilled to announce the successful completion of our journey with the MassChallenge Fintech Program. This prestigious accelerator has provided us with invaluable resources, mentorship, and networking opportunities that have been instrumental in our growth and development.During our time with MassChallenge, we benefited from expert mentorship from industry leaders and seasoned entrepreneurs who helped refine our business model and strategic approach. Additionally, we gained access to a vast network of fintech professionals, investors, and potential partners, further enhancing our visibility and market presence. Participation in targeted workshops also enriched our technical and business acumen.

A significant highlight of our MassChallenge experience has been the opportunity to collaborate with MassMutual. Together, we are co-creating content for our system focused on employee benefits, aiming to enrich our platform with comprehensive and practical financial education tailored to user needs. This new employee benefits module is set to go live this Fall, coinciding with several other significant updates to our system, including a new credit module designed to provide users with a deeper understanding of credit management and a new banking module offering insights into effective banking practices and savings strategies. We are also rolling out various system improvements to enhance user experience and expand the educational content available on our platform.

At ProsperOn, our mission is to provide unbiased financial guidance and education, empowering users to make informed decisions. The support and resources from MassChallenge have been pivotal in helping us advance this mission. We are excited about the future and look forward to continuing to innovate and expand our offerings.

ProsperOn provides a simulated environment where college students can learn how their financial decisions compound over time. By delivering unbiased guidance and fostering education into action, ProsperOn helps users understand the impact of their financial choices. The platform is distributed through first-year seminars, orientations, and other channels on college campuses, and we work with local banks as sponsors on campus, ensuring reach on campus.

MassChallenge is a global network of zero-equity startup accelerators. Headquartered in the United States with locations worldwide, MassChallenge is committed to supporting entrepreneurs and innovation across various industries. The MassChallenge Fintech Program specifically supports startups transforming the financial services industry, offering unparalleled access to mentorship, resources, and potential partners.

Stay tuned for more updates as we prepare to launch these new features and continue our journey towards financial literacy and empowerment.

Thank you for your continued support.

- ProsperOn Team