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News Desk

The latest news and press releases from the Rellevate News Desk
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News Desk

Has The Gig Economy Finally Peaked?

The gig economy, famous for changing the employer/employee dynamic and establishing new technologies such as On Demand Pay, saw an 18% drop in worker income between March 2022 and February 2023 That’s good news for the service sector that had suffered huge employee losses over the past 4 years to the gig industry which had ...
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Labor Hoarding…A New Phenomenon Sweeping The Country 

As businesses brace for a mild recession, U.S. companies wary about their economic prospects have taken to labor hoarding “Some industries are still trying to catch up on their labor needs from pandemic losses; and then you have a whole number of businesses that are just holding on to people, waiting for the bad things to ...
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Americans Now Owe $1 TRILLION In Credit Card Debt

The average household now carries a $10,000 balance that has an interest rate above 20%   “We once thought of putting things on our credit card as frivolous spending, or a big purchase, a TV. Now, because of inflation, people are putting actual necessities, food, housing, on their credit card.” Jill Gonzalez, senior analyst, WalletHub ...
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Press Releases

City of New Britain Partners with Rellevate

Contact: Sherry Goldman Goldman Communications Group 718-224-4133 [email protected] FOR IMMEDIATE RELEASE City of New Britain Partners with Rellevate Administration Encourages Employee Financial Wellness Stamford, CT, May 19, 2021 – Rellevate, Inc., a fintech company dedicated to empowering consumers through leading-edge financial and payment services, announced it has partnered with the City of New Britain to ...
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Rellevate and Richard Petty Announce the Richard Petty Icon Gift and Reward Cards

For Immediate Release – January 22, 2021 Stamford, Conn. (January 22, 2021)—Rellevate, Inc., a fintech company dedicated to empowering consumers through leading-edge financial and payment services, announced today a multi-year licensing and distribution agreement with Richard Petty. The partnership will allow fans to buy gift and reward cards depicting Richard Petty, “The King,” an American ...
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Rellevate Joins UKG Technology Partner Network

Improving Employee’s Lives and Employer’s Bottom-lines through Financial Wellness Stamford, CT – December 7, 2020 – Rellevate, Inc., a fintech company dedicated to empowering consumers through leading-edge financial and payment services, announced it has joined the UKG Technology Partner Network, a collaborative ecosystem of organizations creating solution extensions for UKG Dimensions (formerly Workforce Dimensions from Kronos) ...
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Rellevate, Inc., Completes Initial Capital Seed Round And Forms Board Of Directors

Rellevate, Inc., Completes Initial Capital Seed Round And Forms Board Of Directors STAMFORD, CT – Rellevate, Inc., a digital fintech company dedicated to empowering consumers through innovative financial and payment services that allow them to access, move and use their money anytime, anywhere, announced that it has closed its initial capital raise to fund the ...
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Rellevate, Challenger Bank for the Working Poor, Goes Live

By Penny Crosman | August 06, 2020 Fintech companies are taking on a glaring problem in America that the coronavirus pandemic has made worse — the struggle of the working poor. Millions of Americans have full-time jobs but still can’t make ends meet. This is the market targeted by Rellevate, a challenger bank that launched ...
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Rellevate Launches Digital Consumer Financial Services Platform for People Who Need It Most

Inks Agreement with Sutton Bank to Further Bolster Best-in-Class Partner Network STAMFORD, CT – Rellevate™, a digital fintech company aimed at facilitating access to consumer financial services for middle and lower-income Americans, officially launched its platform today. The announcement was made by Stewart A. Stockdale, Rellevate’s Co-Founder, Chairman & CEO, who also announced that the ...
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