ClassWallet is a financial technology company founded in 2014 that operates a patented digital wallet platform designed to modernise how public funds are distributed, tracked, and reported. Its customers include government agencies, school districts, and nonprofit organisations across 33 states. To date, the platform has processed over $3.5 billion in public funds.
The platform addresses a specific problem in public-sector finance: getting money from agencies to end recipients - families, educators, and communities - efficiently, while maintaining the compliance and audit trails that public spending requires. ClassWallet handles fund distribution, spend compliance, and reporting in a single system, with the stated aim of reducing administrative overhead for the institutions that use it.
The company was founded by Jamie Rosenberg, who previously founded AdoptAClassroom.org. ClassWallet has been ranked 61st among the fastest-growing software companies on the Inc. 5000 and appears on the Deloitte Technology Fast 500 list of top financial technology innovators.
