Capital One Sets a World Record

Capital One set a world record for the most users to take an online financial literacy lesson in 24 hours. 

More than 1,800 individuals participated in this challenge and engaged with Khan Academy's financial literacy curriculum to learn helpful tips in budgeting & saving, buying a car and paying for college. 

Participants joined this challenge across the country through organized events at Capital One’s campuses and Capital One Café locations nationwide, engagements with community organizations, and remotely. Capital One associates also took part in the challenge, including three of our Student Ambassadors in our Anacostia Café – a program that offers paid internships for local high school students in the Washington, D.C. area.

“Financial literacy can help build the foundation for financial security, both for individuals and families — which can lead to more vibrant communities,” said Sanjiv Yajnik, President of Financial Services at Capital One. “I am thrilled that we set a new world record, and am grateful to our associates, their families and friends, our community partners, and our customers who completed the challenge. Most importantly, I’m excited that we were able to spread the word about the importance of financial literacy and bring awareness to Khan Academy’s free lessons through this initiative.”

Supporting financial well-being in Dallas-Fort Worth

Capital One leveraged its connection with the education nonprofit NAF, as well as local Independent School Districts, to host 450 high school students across the Dallas-Fort Worth area at an in-person event at the Capital One Plano campus. The nearby Capital One Café in Frisco also hosted 100 additional students. According to Khan Academy, individuals who participate in education programs increased their savings rates by 22%.

Sen. Angela Paxton (R-TX) and Rep. Mihaela Plesa (D-TX) both attended the event at Capital One’s Plano campus and spoke about the importance of financial literacy legislation in the state.

“One of the things that I had an opportunity to do in the Texas Senate about four years ago was sponsor bi-partisan legislation to allow schools to offer an expansion in the way that students can meet their economics graduation requirement,” Paxton said. “That was to include financial literacy as part of an economics graduation requirement. I am happy to see it in action here.”

“We need more events like this to make sure that people are getting the education they need,” Plesa said. “I need your help to make this vision a reality. We need to advocate for financial literacy in our schools. We need to talk to our teachers, parents and friends.”

Additionally, Dallas Mavericks Forward and Frisco, Texas-native P.J. Washington shared his story with students at the event and spoke about the importance of goal setting. 

“Growing up, I would outline my goals, and would keep the notes of them near my bed to track my progress each night,” Washington said. “ I’m very proud that I had the opportunity to join Capital One at the world record event to tell my story. Financial goals are very important for me, and I love to see the positive impact of these events for kids as they gain financial confidence to achieve their goals.”

Helping people feel confident, capable and in control when it comes to their money

This milestone accomplishment builds on Capital One’s commitment to help more Americans achieve financial well-being. In 2023, Capital One launched its support of Khan Academy to develop the free financial literacy course leveraged for the world record challenge. Since the launch of the financial literacy course on the Khan Academy website, more than 1 million people have completed the course with 27.5 million learning minutes.

Capital One’s support of Khan Academy is made possible through the Capital One Impact Initiative, a multi-year commitment to advance socioeconomic mobility and close opportunity gaps. Our work focuses on financial well-being, equipping individuals with the products and resources needed to fully meet financial obligations, and feel secure in their financial future.