This up-and-coming entrepreneur wants to bring fair banking to everyone, starting with her hometown.
Sheena Allen grew up in a one-bank town where lots of people relied on payday lenders. She's building her company to help those she grew up with.
CapWay, Inc., a financial technology startup based in Atlanta, has announced the launch of its neobank, the core service in its financial system of inclusive products and services.
What does it take to become the youngest woman in America to own and operate a digital bank? Hill Harper sits down with Sheena Allen –the woman defying stereotypes of who can be a successful tech entrepreneur.
From small-town Mississippi to Silicon Valley and beyond, the CapWay founder is challenging our financial systems and helping more communities build generational wealth.
CapWay, Inc., a financial technology startup based in Atlanta, has announced the launch of its neobank, the core service in its financial system of inclusive products and services. With a CapWay Money Account and CapWay Visa (virtual and physical) debit card, benefits include the ability to make online transactions, send and receive money, and round-up change per transaction to direct towards "Money Goals."
The financial tech industry is notoriously crowded with white founders. These black women, however, are changing the face of the space one venture at a time.
Nearly one-quarter of adults in the U.S. are unbanked (they do not have a checking, savings, or money market account) or underbanked (they have a bank account but also use an alternative financial service product), according to the Federal Reserve.
Atlanta-based fintech company, CapWay, has launched its new Phunds specialized program, “Food and Finance,” in partnership with education-based nonprofit BeGreat Together and Kansas City Public Schools’ Success Academy at Anderson. The program aims to provide free food to students in underserved communities while also teaching them about money through a Phunds digital-first financial literacy program.