Voya Financial

Voya Financial

Financial services for retirement and investments

About Voya Financial

Simplify's Rating
Why Voya Financial is rated
B+
Rated B on Competitive Edge
Rated B on Growth Potential
Rated A on Rating Differentiation

Industries

Fintech

Financial Services

Company Size

5,001-10,000

Company Stage

IPO

Total Funding

N/A

Headquarters

New York City, New York

Founded

2014

Overview

Voya Financial offers a range of financial services, including retirement plans, investment management, and insurance products, to help individuals and businesses achieve financial wellness. Their services are tailored for individuals, employers, and institutions, focusing on retirement planning and employee benefits. Voya stands out from competitors through its commitment to inclusiveness and corporate responsibility, which helps attract and retain clients. The company's goal is to empower clients to achieve financial confidence and a fulfilling life.

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Simplify's Take

What believers are saying

  • Voya's ESG commitment aligns with the growing investor focus on sustainable investing.
  • The financial wellness market's growth offers significant opportunities for Voya's programs.
  • AI integration in investment management can enhance Voya's strategies and client outcomes.

What critics are saying

  • Increased competition from fintech companies may erode Voya's market share.
  • Operational challenges in integrating OneAmerica's business could affect service quality.
  • Regulatory scrutiny on fees may impact Voya's pricing strategies and profitability.

What makes Voya Financial unique

  • Voya's commitment to inclusiveness and corporate responsibility sets it apart in the market.
  • The acquisition of OneAmerica's retirement plan business expands Voya's client base significantly.
  • Voya's focus on digital financial planning tools enhances client engagement and satisfaction.

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Funding

Total Funding

$0

Below

Industry Average

Funded Over

1 Rounds

Acquisition funding comparison data is currently unavailable. We're working to provide this information soon!
Acquisition Funding Comparison
Coming Soon

Benefits

Health Savings Account (HSA)

Flexible Spending Accounts (FSA)

Rally wellness program

Employee Assistance Program (EAP) and Work Life Services

Behavioral Health Family Support Program

Livongo support for diabetes, hypertension, and weight management

AccessHope cancer support

Wellthy caregiving assistance

Back-up child care and elder care

Health Advocate

ABLE accounts

Legal insurance

Identity theft protection

Voya Foundation Matching Gift Program

Company News

Plan Adviser
Jan 10th, 2025
Jay Kaduson Joins Voya Financial as CEO of Workplace Solutions

Jay Kaduson will join Voya Financial Inc. as CEO of workplace solutions on January 16, the firm announced Thursday.

Stock Titan
Jan 2nd, 2025
Voya Financial completes acquisition of OneAmerica Financial's retirement plan business - now supports nearly 8 million participants

Voya Financial (NYSE: VOYA) has completed the acquisition of OneAmerica Financial's full-service retirement plan business.

Stock Titan
Dec 17th, 2024
New funder for Latinas & Power's 'Latinas in Leadership Institute'

HARTFORD, Conn., Dec. 17, 2024 /PRNewswire/ - Voya Foundation has awarded a $50,000 grant to Latinas & Power Corp. for its innovative 'Latinas in Leadership Institute' (LiLi), headquartered in Hartford, Connecticut.

Bakersfield.com
Dec 3rd, 2024
Voya Financial teams up with Orion to launch new technology platform for financial professionals

Voya Financial teams up with Orion to launch new technology platform for financial professionals.

Policy Center for the Middle Class
Nov 4th, 2024
Policy Center Announces Election of U.S. Health Leaders to Its Board of Directors

In 2021, Ms. Mendoza joined Voya Financial as the Vice President of Benefits, where she crafts the enterprise benefits strategy, expands employee retirement readiness initiatives, collaborates with business leaders, and champions DE&I and health equity across the organization.

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