"Banking While Black: How This FinTech Boss is Changing the System" w/ Sheena Allen, CEO and Founder of Capway
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Description
We all know you need money to make money but you also need to "bank" money to use it especially as our world becomes more reliant on technology and touch-free. However, many lower-income, immigrants, and even young people do not have access to traditional financial services like banks. This week’s guest, Capway founder Sheena Allen, hopes to change this for the “underbanked” by restoring trust in and a fair banking system with her latest app. Allen, a serial entrepreneur at heart, grew up in a small town with one bank. As a result, the people in her community, including family and friends, would keep their money in their home or use other fee-heavy alternative banking options. She created her very first app with little tech experience and has since developed into an app machine, with five apps under her belt to date. In 2016, Allen had the idea to create the app and digital bank, Capway, which gave Sheena the title as the youngest female in America to own and operate a digital bank. The fintech company connects underserved millennials and Gen Z to today’s cashless economy. Join us as we chat with Sheena about the challenges of banking while Black as well as what it takes to launch an app in this digital world.  Entrepreneurs and investors - you won't want to miss this!