Butterfield and nudge to launch financial education platform
Butterfield Bank has partnered with nudge, the financial wellbeing company, to launch an online education platform for the benefit of clients and the wider communities in Bermuda and the Cayman Islands.
Aligned with Butterfield’s commitment to support community financial health through education opportunities, the company said this collaboration aims to make financial knowledge more accessible and actionable for individuals at every stage of life.
Together, the company said, Butterfield and nudge will deliver personalised, impartial financial education through four life stages, from children, young adults, middle adults and seniors, ensuring an inclusive approach that meets diverse needs — and all sponsored by Butterfield.
Beyond the online platform, Butterfield said it will continue to host in-person workshops, equipping groups and organisations with essential money management skills to navigate life’s financial challenges and opportunities.
The details of any planned and upcoming sessions will be shared online and in Butterfield’s banking centres.
Jody Feldman, Butterfield’s managing director in Bermuda, said: “Butterfield continues to invest in providing meaningful learning opportunities to help clients and the wider community build lifelong financial literacy and wellbeing.
“We want to give individuals the knowledge, tools and resources they need to build financial confidence and make informed decisions about their money, which ultimately leads to greater financial stability and security.
“By working with nudge, we are able to make sure the information is readily available and easily accessible to everyone.”
Tim Perkins, chief executive and cofounder of nudge, said: “This partnership is about empowering individuals at every stage of life to feel confident in managing their money.
“By combining Butterfield’s deep commitment to their communities with nudge’s technology and expertise, we’re making financial education more accessible and helping people in Bermuda and the Cayman Islands build brighter, more secure futures.”
Covering everyday money management to more complex financial topics, users can select from more than 30 topics of interest.
The platform also offers a financial health checkup to help people better understand their financial health across the five key areas of borrowing, learning, planning, saving and spending.
Nudge said it is an impartial, global financial education platform for all. Combining behavioural psychology, data and personalised education, nudge said it empowers people to develop their financial skills and knowledge.
A global solution without conflicting financial products, nudge said its inclusive approach is trusted by millions worldwide.
The organisation is headquartered in London, England.
• To register for an account, visit https://nudge.butterfieldgroup.com