Press Releases

MIAMI and LANSING, Mich., Nov. 30, 2021 /PRNewswire/ — ClassWallet has been selected by the Michigan Department of Education to distribute up to $173 million in federal EANS funds to non-public and private schools to help offset the educational disruption caused by COVID-19. The three-year contract provides access to ClassWallet’s accounts payable automation platform to school administrators throughout the state. Each will receive … Continue reading “ClassWallet Selected by Michigan Department of Education to Support Distribution of EANS Funds to Non-Public Schools to Help Offset Educational Disruptions Caused by COVID-19. Participating Schools to Receive Share of Up to $173 Million in Funds from Coronavirus Response and Relief Supplemental Appropriations Act of 2021 and American Rescue Plan Act.”

MIAMI, Oct. 4, 2021 /PRNewswire/ — ClassWallet, the leading digital wallet technology for K-12 education, experienced record-breaking growth in its 2021 fiscal year ending July 31 with a more than sevenfold increase in gross business, triple digit growth in both transaction volume and revenues, a significant number of federal, state and district contracts and a nearly tripling of staff requiring … Continue reading “ClassWallet Achieves Significant Growth in 2021 Fiscal Year with 700% Increase in Business and Triple Digit Increases in Transaction Volume and Revenue”

MIAMI and CONCORD, N.H., Sept. 13, 2021 /PRNewswire/ — Children’s Scholarship Fund, which administers the education tax credit scholarships for New Hampshire students – including low- and moderate-income families – has selected ClassWallet to process payments and provide the digital wallet and payment platform  for the state’s Education Freedom Account (EFA) program. The new program is designed to help expand educational opportunities for New Hampshire children. Beginning … Continue reading “New Hampshire’s Children’s Scholarship Fund Selects ClassWallet to Provide Digital Wallet Technology for Statewide Education Freedom Accounts”

MIAMI and ATLANTA, Aug. 2, 2021 /PRNewswire/ — ClassWallet will distribute grants from the Centers for Disease Control and Prevention (CDC) to schools in Georgia that are  voluntarily opting into the Epidemiology Laboratory Capacity (ELC) Reopening Schools Program. The program will help offset direct and indirect costs associated with COVID-19 testing for faculty and staff, students and those involved in school athletic programs. … Continue reading “ClassWallet Selected To Support Reopening Schools Program In Georgia”

MIAMI and SANTA FE, N.M., July 12, 2021 /PRNewswire/ — The New Mexico Secretary of Education has awarded a contract to ClassWallet to implement its innovative TeacherWallet fintech spending management platform for teachers helping to transition special education students back into regular classroom routines for the 2021-22 school year. TeacherWallet will enable the New Mexico Public Education Department to provide special education … Continue reading “New Mexico Selects the TeacherWallet Spending Management Platform to Distribute Funds to Help Transition Special Education Students Back into Regular Classroom Routine”

MIAMI, June 28, 2021 /PRNewswire/ — ClassWallet has been selected by six states – Arkansas, Florida, Georgia, Indiana, Massachusetts and South Carolina – to manage and distribute a combined $485 million in funds from the Federal Government’s Emergency Assistance to Non-Public Schools (EANS) program to help non-public schools to address the educational disruptions caused by COVID-19. The EANS program, funded by Congress through the Coronavirus Response and … Continue reading “ClassWallet Selected by Six States to Manage Nearly $500 Million in Emergency Assistance to Non-Public Schools Program Funds”

MIAMI and CONCORD, N.H., April 14, 2021 /PRNewswire/ — The State of New Hampshire’s Department of Education has selected Miami-based ClassWallet to administer its highly innovative ReKINDling Curiosity Program. The program is designed to provide a summer camp experience for children with disabilities or those from low-income families who have been adversely affected by COVID-19 schooling disruptions. The program was established by Governor Christopher T. … Continue reading “New Hampshire’s Department of Education Picks ClassWallet to Administer its ReKINDling Curiosity Program”

MIAMI and AUSTIN, Texas, Feb. 1, 2021 /PRNewswire/ — The Texas Education Agency (TEA) has selected Miami-based ClassWallet and its FamilyWallet product to manage its new Supplementary Special Education Services (SSES) program for families of students with significant cognitive disabilities and impacted by COVID-19 schooling disruptions. Under the program, established with $30 million in funds by Texas Governor Greg Abbott and the TEA, nearly 59,000 qualified students statewide … Continue reading “Texas Education Agency Selects ClassWallet to Manage New Supplementary Special Education Services Program for Families of Students with Cognitive Disabilities Impacted by COVID-19”

Enables K-12 Maintenance Crews and Custodians to Purchase Supplies While Providing School Operations Managers with Complete Oversight via a Streamlined and Paperless Tool MIAMI, Jan. 25, 2021 /PRNewswire/ — Financial technology platform provider ClassWallet has expanded its popular classroom spending management platform to support the needs of K-12 school maintenance and custodial staff. Called MaintenanceWallet, … Continue reading “ClassWallet Expands its Financial Spending Management Platform into School Maintenance and Custodial Market with MaintenanceWallet”

MIAMI, November 3, 2020 – Financial technology company ClassWallet has appointed Bryan Coble, an accomplished and successful K-12 education market sales leader, to the position of vice president, sales.  Coble will lead and expand the sales organization within ClassWallet for the company’s TeacherWallet and other products. Prior to joining ClassWallet, Coble worked at Dude Solutions, a software-as-a-service … Continue reading “ClassWallet Appoints Former Dude Solutions’ Senior Manager K-12 Sales, Bryan Coble, as its Vice President of Sales”

MIAMI and BOISE, Idaho, Oct. 19, 2020 /PRNewswire/ — ClassWallet has been awarded a contract from the State of Idaho and the Idaho State Board of Education to help distribute close to $50 million in funds for its ‘Strong Families, Strong Students Initiative’ to families for their remote learning needs during the COVID-19 pandemic. Funds for the initiative come from the federal Coronavirus Aid, Relief, … Continue reading “ClassWallet to Distribute ‘Strong Families, Strong Students Initiative’ Funds in Idaho to Low-Income Families for Remote Learning Expenses During COVID-19”

MIAMI and OKLAHOMA CITY, August 11, 2020 – ClassWallet has been awarded a contract from the office of Oklahoma Governor Kevin Stitt to implement its innovative fintech platform to help distribute $18 million in federal funds to support the educational resource needs of low-income families during the COVID-19 crisis. ClassWallet will support in the administration … Continue reading “ClassWallet Awarded Contract by State of Oklahoma to Distribute Federal Funds Supporting Educational Needs of Low-Income Families During COVID-19”