HealthEquity, Inc. is an American financial technology and business services company that is designated as a non-bank health savings trustee by the IRS.
[2] This designation allows HealthEquity to be the custodian of health savings accounts regardless of which financial institution the funds are deposited with.
[3] 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).
[6] In March 2021, HealthEquity acquired Luum and expanded the Commuter benefit offering.
[9] In May 2024, HealthEquity acquired BenefitWallet, a Health Savings Account (HSA), owned by Conduent Inc.[10][11]