Description
HealthEquity, Inc. is an American financial technology and business services company that is designated as a non-bank health savings trustee by the IRS. This designation allows HealthEquity to be the custodian of health savings accounts regardless of which financial institution the funds are deposited with.
History
HealthEquity was incorporated in January 2002 in Tucson, Arizona by Stephen Neeleman, Nuno Battaglia, and David Hall to re-introduce consumer-driven health care (CDH). It moved its incorporation to Utah in February 2004.
Acquisitions
August 30, 2019 - HealthEquity acquires WageWorks.
March 8, 2021 HealthEquity acquires Luum and expands Commuter benefit offering.
November 1, 2021: HealthEquity completes Further acquisition.