What do caregiving and divorce have in common? Financial stress for employees

Published 3 Min Read

Ivan Samkov from Pexels

When Sheri Atwood initially founded SupportPay, the fintech platform was built to help divorced couples financially navigate co-parenting. But she quickly realized that her app could offer solutions to other demographics of caregivers, too.

According to the company’s data, 28% of SupportPay’s users are “financial caregivers” — folks who financially support a loved one but are not the primary caregiver. Twenty percent of those are sharing that financial responsibility with other family members outside of their household — and struggling to split the burden. SupportPay has recently expanded their offering to meet those needs.

Paola Peralta
Associate Editor

Paola Peralta is an Associate Editor at Employee Benefit News and has been with the team for five years. She is a proud UCF journalism graduate who got her start through a Dow Jones News Fund … Read full bio


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