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BLACK ENTERPRISE To Present Virtual Summit Focused On Energizing A New Entrepreneurship Movement Driven By The Push For Economic Equity, May 6

BLACK ENTERPRISE To Present Virtual Summit Focused On Energizing A New Entrepreneurship Movement Driven By The Push For Economic Equity, May 6 The Black Enterprise Small Business Summit will deliver tools, strategies, and resources for entrepreneurs, startup founders, and established business owners seeking to maximize the profitability of their ventures News provided by Share this article NEW YORK, May 3, 2021 /PRNewswire/   BLACK ENTERPRISE will present its first Small Business Summit, hosted by May 6, as the latest in the company s series of Diversity Equity & Inclusion Summits. The Small Business Summit is designed to energize an entrepreneurial movement emerging from the demand for equity triggered by the twin pandemics of COVID-19 and racial injustice brought to the forefront of global awareness by the murder of George Floyd.

Leadership and the Workplace (Leaders)

Leadership and the Workplace (Leaders)
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MoCaFi CEO Wole Coaxum seeks to close racial wealth gap

EDUCATION Bachelor’s in history, Williams College; MBA, NYU Stern School of Business HOW IT WORKS MoCaFi bank accounts are chartered with the FDIC through a partnership with Sunrise Banks. The startup draws its revenue through the exchange fees merchants pay credit-card processors. BIG BACKING MoCaFi’s investors include the Partnership Fund for New York City.  TEE TIME Coaxum has run in the New York Marathon twice, but he is now more focused on golf. “Golf is a good way to get outdoors and clear my mind.” FAMILY BUSINESS? He’s not looking for his two daughters to follow in his footsteps. “All I hope for is that they do something that is meaningful to them.”

Top Organizations Across US Launch NinetyToZero To Combat Racial Wealth Gap

Top Organizations Across US Launch NinetyToZero To Combat Racial Wealth Gap
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Mobile-First Banking Platform MoCaFi Secures $12 Million Through Series A Funding Round

Mobile-First Banking Platform MoCaFi Secures $12 Million Through Series A Funding Round March 1, 2021 @ 9:46 am By Samantha Hurst Mobility Capital Finance (MoCaFi), a U.S.-based mobile-first banking platform, announced on Monday it secured $12 million through its Series A funding round, which was led by Tom and Wende Hutton, with participation from Citi Impact Fund, Mastercard, 1Flourish Capital, Commerce Ventures, Founded in 2015, MoCaFi describes itself as a financial services platform for 110 million Americans that are dealing with economic hardship and have no path to a better circumstance. “Our platform consists of a prepaid Mastercard, FDIC-insured bank account, money management app, credit-building bill payment and personal wealth coaching. We’re helping communities spend smart, build credit, and live wealthy.”

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