Class wallet1/31/2024 ![]() ![]() The desire to streamline workflows and the need to ensure compliance, mitigate potential fraud, and track spending are driving adoption of the solution. Through its patented digital wallet technology, ClassWallet enables its customers to disburse funds quickly and compliantly at scale, while automating every step of the purchasing and reimbursement lifecycle. We are thrilled to partner with ClassWallet as they expand upon their leading position in the education and state government digital spend management market.”ĬlassWallet is the market leader in efficient and compliant disbursement of funds to a decentralized user base addressing $25 billion of state and federal government and K-12 education funding initiatives. “The Company embodies everything that we look for as an entrepreneur-led, capital efficient, rapidly growing, and highly differentiated business in a compelling market. “ClassWallet has fundamentally transformed the way state agencies and school districts disburse funds compliantly at scale,” said Gene Nogi, Guidepost General Partner. This partnership will further enhance the Company’s ability to help state agencies and educational institutions address the growing fiduciary burden associated with the control and compliance of public fund distribution and management. Guidepost provides additional industry reach and supports go-to-market strategy, product roadmap, and hiring initiatives. MIAMI, March 21, 2023 /PRNewswire/ - ClassWallet, a leading digital wallet purchasing and reimbursement platform for public funds, today announced it has received a significant minority growth investment from Guidepost Growth Equity.
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