Fintech Equality Coalition Engages Black Fintech CEOs
Frequently, questions about diversity in fintech center on gender diversity, and that gender diversity means “white women.” When any organization is predominantly white, it tends to focus on attracting customers who look like its employees and leadership—white ones, though that’s
Killer Mike’s new Black-owned bank receives ‘tens of thousands’ of account requests in less than 24 hours
New York (CNN)A new majority Black and Latinx-owned and operated digital bank hopes to make supporting Black-owned banks and businesses a little easier for consumers. Greenwood was created by Bounce TV founder Ryan Glover and his close friend, rapper-activist Michael
The debt US companies owe Black Americans
In the weeks following George Floyd’s killing, as protests against
How Reginald F. Lewis Influenced Generations of Black Entrepreneurs
Why Should White Guys Have All the Fun? is celebrating its 25th anniversary. The book is about Reginald F. Lewis, the legendary entrepreneur who rocked Wall Street when his firm, TLC Group, acquired Beatrice International Foods for $985 million. The
BofA Backs Black-Owned Banks in $300 Million Equality Drive
(Bloomberg) — Bank of America Corp. invested $50 million in
Biotech company partners with Black bank
The Liberty City branch of OneUnited Bank, the largest Black-owned bank in the U.S. Multinational biotechnology company Biogen Inc. has made a $10 million deposit in OneUnited Bank, the largest Black-owned bank in America. OneUnited was chosen because of its
How BankBlackUSA Is Helping Empower Black-Owned Banks And Credit Unions
In 2016, OneUnited Bank, the nation’s largest Black-owned bank and first Black internet bank, spearheaded the national #BankBlack Challenge. The ongoing campaign seeks to galvanize Black Americans and their allies to move their accounts to Black-owned financial institutions. “The movement’s
How The First Black-Owned Bank With $1 Billion In Assets Can Close The Racial Wealth Gap
The Breakdown You Need To Know: Trying to make a dollar out of fifteen cents has only been getting harder for Black-owned businesses in need of capital injections. CultureBanx reported that most Black-owned businesses are usually sole proprietorships earning less
