About Backpack
Backpack aims to reduce education costs for universities while helping millions of families access better savings tools.
Paper-based processes waste time and money across higher education. Meanwhile, 529 accounts, a great education funding tool, are underutilized due to poor payment infrastructure.
We're building the first education-specific payments platform to digitize payments, unlock 529's potential, and reduce costs for everyone.
Founded by asking, "why is education getting more expensive?"
While there are many factors, antiquated systems and manual processes make it more expensive for universities and harder for student families.
