Money Making Conversations

My next guest is the Founder and Chief Executive Officer of Mobility Capital Finance, Inc. Mobility Capital Finance, Inc. (MoCaFi) is an African American owned fintech serving Americans who exist in the economic margins as unbanked or underbanked. MoCaFi is addressing market failure in the banking industry by reimagining financial services for individuals to ensure that all Americans have access to safe, secure, and affordable financial products and services. In 2014, as the city of Ferguson, Missouri, erupted in protests following the shooting death of an unarmed Black teenager, an Oxford-educated African American financial executive sat in his office at a Fortune 100 company and considered ways to close the economic gap. Two years later, the executive, Wole Coaxum, launched Mobility Capital Finance, Inc. or MoCaFi, as a digital banking platform that would target the more than 50 million unbanked and underbanked people living in the country. He on the show to discuss his banking app that can help the minorit