February 6, 2023

Black-Owned Bank Adelphi Opens in Ohio, Will Focus on Developing Black Generational Wealth

Earlier this month, a new Black-owned bank has opened in Columbus, Ohio, making history as the only one in the state. Adelphi Bank, the name which pays homage to “Adelphi Loan and Savings Company”, the only Black-owned bank in the 1920s, aims to help Black families build generational wealth by removing common barriers. According to its […]

June 23, 2022

Greenwood, Inc. Acquires Valence to Provide Professional Development & Job Recruiting For The Black Community

Greenwood, digital picking platform for black and Latino professionals and business owners, has announced another acquisition. Valance, the newest addition connects, showcases and empowers black professionals through recruitment and professional development verticals. This newest addition will provide clean words community of nearly 1,000,000 black professionals with access to a multitude of job listing and career […]

September 29, 2021

The Black Wall Street Wallet: Creating The Black Wall Street Through Crypto

The Black Entrepreneurship Summit hosted its 25th annual summit for 2021, kicked off by Black Enterprise CEO Earl “Butch” Graves Jr. and Chris Igodan, VP of Nationwide Financial which sponsored the virtual summit. For 2021, they invited Hill Harper and Najah Roberts, Chief Visionary Officer of Crypto Blockchain plug to discuss a variety of topics […]

August 3, 2021

Increasing Diversity in Wealth Management

The work of wealth managers is to help high-net worth individuals manage their wealth and as such, meet their financial objectives. And, for Araya Mesfin, this job description is not restricted to race nor color. Firms may need to start looking into diversity in wealth management. In this article, you’ll learn about this high-profile financial […]

April 16, 2021

Hill Harper introduces “The Black Wall Street Wallet”

Hill Harper, star of the TV show The Good Doctor, is launching The Black Wall Street Wallet app. This app is a digital wallet that allows users to send each other money directly, similar to Cash app and Venmo. It also allows users to trade cryptocurrencies, such as Either and Bitcoin. The app’s name alone […]

April 6, 2021

Killer Mike, Andrew J. Young and Ryan Glover’s Greenwood banking platform raised nearly $40 million in Series A funding

Nicknamed “Black Wall Street”, the emerging fintech startup named after the early 20th-century African-American business district in Tulsa, Oklahoma, has raised approximately $40 million in Series A funding since its inception in October. According to a joint announcement released on Thursday. “The challenge of the racial prosperity gap can only be effectively addressed by a […]