Inspira Financial Acquires First Dollar, Redefining Consumer-Driven Healthcare and Empowering Go-To-Market Partners with Advanced Health Benefits Technology

OAK BROOK, Ill., December 2, 2024 (Newswire.com) - Inspira Financial, a leader in health, wealth, retirement, and benefits solutions, today announced the acquisition of First Dollar, a technology innovator known for simplifying consumer-directed benefits. This strategic move enhances Inspira's Health & Benefits (H&B) platform by integrating First Dollar's advanced technology, designed to place health back at the heart of financial well-being.

"We're thrilled to welcome First Dollar to Inspira," said Matt Marek, President of Inspira Financial. "First Dollar's platform not only aligns with Inspira's mission/vision to improve health outcomes but also positions us as a premier partner for insurance providers and other distribution channels," added Marek. "By empowering our partners with customizable solutions, we're accelerating our ability to connect consumers with the benefits that matter most to their health and financial well-being."

This acquisition is a key investment in Inspira's vision to lead the industry in health consumerism by combining innovative technology with a health-focused mission. First Dollar's development team joins Inspira with expertise in delivering high-quality, consumer-driven solutions, accelerating Inspira's ability to meet client needs while seamlessly connecting health and financial well-being. The result is a unified platform that bridges gaps in healthcare and finance, transforming how individuals experience health benefits.

About Inspira Financial
Inspira Financial provides health, wealth, retirement, and benefits solutions that strengthen and simplify the health and wealth journey. With more than 8 million clients holding over $62 billion in assets under custody, Inspira works with thousands of employers, plan sponsors, recordkeepers, TPAs, and other institutional partners - helping the people they care about plan, save, and invest for a brighter future. Inspira relentlessly pursues better outcomes for all with our automatic rollover services, health savings accounts, custody services, and more. Learn more at inspirafinancial.com.

About First Dollar
First Dollar is a technology company that builds flexible infrastructure for health spending benefits. Innovative organizations-from TPAs to banks-use First Dollar's suite of software tools and APIs to launch and manage lifestyle benefits, pre-tax accounts (FSAs, HRAs, HSAs), rewards programs, and supplemental benefits. First Dollar's Benefit Suite includes the Health Wallet for members, the Health Wallet Manager for administrators, and the Health Wallet Platform for partners.

For media inquiries, please contact:
Casey Burke
PR Manager, Inspira Financial
Email: [email protected]

Source: Inspira Financial