Contigo Financial merges with San Francisco firm
Nashville-based Contigo Financial has merged with Emerge Financial Wellness, a San Francisco-based financial wellness provider, to offer consumer lending products, according to a news release.
Contigo, launched last year by [5]Mario Avila[6] out of Jumpstart Foundry, will become a wholly-owned subsidiary of Emerge and the combined company will operate under the Emerge Financial Wellness brand with a Nashville headquarters. Avila will become CEO of the company, and Emerge founder Jonathan Harrison[7] will serve as chief program officer, according to the release.
“I am excited to build the leading financial wellness program to address the specific needs of workers at all levels — from expert education and guidance to socially responsible financial products,” Avila said in the release. “Employees overwhelmingly want financial wellness programs in the workplace, and employers are recognizing that financial well-being is a cornerstone to a healthy and productive workforce.”
Contigo offers loans and other financial products to employees by partnering with employers. Emerge was created in 2010 to help employees manage finances through financial wellness assessments, financial education resources and one-on-one counseling.
Jamie McGee covers tourism, entertainment and technology.
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