CFSI Development Labs offer a small group of leading innovators through peer learning opportunities in order to strengthen their capacity, sophistication, and efficiency in delivering solutions that promote the financial capability of underserved consumers. The Labs provide information and training, brainstorming and problem-solving sessions, and cross-sector networking and learning opportunities to assist participants in combining access to quality financial products and services with new and improved educational tools to help underserved consumers better manage their finances.
“The Financial Capability Innovators Development Lab represents an unparalleled network of financial
capability innovators and a mechanism for promising programs to grow stronger, get traction, and eventually achieve scale” said Sarah Gordon, CFSI Senior Relationship Manager. “Ultimately, we expect this group of thought-leaders will be instrumental in moving the financial education field and the broader financial services industry forward.”
The Financial Capability Innovators Development Lab is part of CFSI's Financial Capability Innovation Fund which is supported by a collaborative of funders led by the Citi Foundation also including Bank of America, Morgan Stanley, Experian U.S. Bank and VISA. Special support for the Financial Capability Development Lab is provided by Capital One.