Announcing GreenShield’s Acquisition!

Announcing GreenShield’s Acquisition!

We have some exciting news for our friends, partners and clients. We can now publicly announce that GreenShield was acquired by a private equity firm earlier this year!

This acquisition gives us the flexibility to refocus and reboot in a way that lets us best serve Americans as they grapple with emergency, healthcare and retirement savings. We’re already well on our way with several pilots in progress.

We’re happy to share more info with you directly – send us a note at partners@greenshield.io – and we’ll get back to you with the details.

Important changes to your GreenShield account


What’s happening?

A year and a half ago, we entered the benefits and wellness space. Since then, we’ve helped thousands of employees better their financial lives through GreenShield’s education, tools and services.

Unfortunately, a business can’t survive without a steady stream of revenue to support it. Given both the historically difficult economic times and the dozens of free consumer products out there, we’ve had a hard time charging employers for GreenShield.

As a result, we’ve made the difficult decision that GreenShield will cease operations in 2 weeks as of April 29th, 2016.


Here’s what this means for you and your account

  1. You have until end of day Wednesday, April 27th 2016 to withdraw your Dynamic Savings balance and/or disconnect your linked accounts. Not to worry, any left over funds in your Dynamic Savings balance after that date will be automatically withdrawn to your checking account, and any linked account will be automatically disconnected.
  2. All user data will be deleted on Friday, April 29th 2016.

For those of you who enjoyed GreenShield’s tools have a few free tools you can use. For employees who really loved our Dynamic Savings tool, we’d recommend you check out Digit (www.digit.co) and/or Acorns (www.acorns.com). For employees who wanted help creating a debt payoff plan, we’d recommend you check out ReadyForZero (www.readyforzero.com).

From all of us at GreenShield, we’d like to thank you for using, contributing to, and helping us grow the site. We’re committed to making sure this transition period goes smoothly for you.


What if I have specific questions?

Feel free to reach out to us at contact@greenshield.io with any questions you may have.