WealthMore, the fintech startup founded by Mical Jeanlys-White, has secured over $1 million in pre-seed funding according to Forbes. The company aims to make financial advice more accessible and affordable, particularly for individuals who have been historically underserved by traditional wealth management firms. Bridging the Wealth Gap with Hybrid Financial Solutions Wealthmore is a premium wealth advisor-ed, tech-enabled investing and planning service and community, launched in August 2023. The company’s approach to wealth management combines the efficiency of fintech with the personal touch of traditional financial advisors. This hybrid model
Rapper and Atlanta native Gunna is launching a $500,000 guaranteed income program aimed at helping families in his hometown, as first reported by Billboard. Set to kick off on September 18, the Gunna x BMAC 30349 Guaranteed Income Program will provide 30 families in the 30349 zip code with $1,000 monthly stipends for a year. Addressing Economic Challenges Head-On In a move to tackle economic inequality, Gunna has teamed up with the Black Music Action Coalition (BMAC) to create a program that offers direct financial support to those who need
Social media giant X, formerly known as Twitter, has announced the immediate closure of its office in Brazil. This decision comes amid an intensifying legal conflict with Brazil’s Supreme Court, specifically targeting Justice Alexandre de Moraes, according to Reuters. The platform, owned by Elon Musk, is embroiled in a dispute over alleged censorship orders that threaten both freedom of expression and the safety of its employees. Legal Battle and Alleged Censorship The closure of X’s Brazilian office follows a secret order issued by Justice de Moraes, demanding the removal of
Blacks United in Leading Technology (BUiLT), a nonprofit committed to increasing Black representation in tech, has launched an initiative to protect and restore jobs for Black professionals in the industry. The move comes as a direct response to widespread layoffs that have disproportionately impacted Black technologists, with over 240,000 jobs lost across the sector in 2023 alone. The BUiLT REIT Program: A Lifeline for Black Technologists The BUiLT REIT (Retaining Employability In Tech) program, backed by a Google commercialization grant awarded in March 2024, aims to equip Black professionals with
The Hey Auntie! app is on a mission to address the growing loneliness epidemic by fostering meaningful connections between generations of Black women. Created by Nicole Kenney, the platform provides a safe and supportive space for Black women to share wisdom, receive guidance, and build community. Fostering Community Through Fictive Kinship Central to the Hey Auntie! experience is the concept of “fictive kinship,” where relationships are built not through blood ties but through emotionally significant connections. Kenney, who has long championed the power of intergenerational wisdom, describes the platform as
Advertisements for nutrition products promoted by Dragons’ Den star and entrepreneur Steven Bartlett have been banned by the Advertising Standards Authority (ASA) after being deemed misleading, according to The BBC. The ads, which featured Bartlett endorsing products from the health brands Huel and Zoe, failed to disclose his financial interests in the companies, a violation of advertising guidelines. ASA’s Decision: Misleading Endorsements The ASA’s ruling, announced this week, centered on two ads for Huel and one for Zoe that were shared on Facebook earlier this year. In the ads, Bartlett,
Dr. Dre and Jimmy Iovine, figures in the music industry and long-time philanthropists announced their collaboration with the Inglewood Unified School District to open a new high school focused on creative skills and social impact. Set to launch in the summer of 2025, this initiative aims to rejuvenate a district facing declining enrollment and financial challenges. A Bold Initiative for Creative and Entrepreneurial Learning Dr. Dre and Jimmy Iovine’s first foray into education began at the college level with the University of Southern California Iovine and Young Academy (IYA). Their
ChurchSpace is changing how churches use their spaces by turning underutilized real estate into vibrant community hubs. Nicknamed the “Airbnb for churches,” this innovative app allows churches to generate additional income by renting out their facilities as commercial kitchens, event venues, and meeting spaces. Created by the millennial pastors’ kids Day Edwards and Emmanuel Brown, ChurchSpace addresses church leaders’ financial pressures and offers a new model for community engagement. Empowering Communities Through Church Real Estate Launched in 2019, ChurchSpace aims to strengthen local communities by repurposing church real estate. “Church
A new augmented reality (AR) app, Looking Glass, is offering Pittsburgh residents and visitors a unique way to explore the city’s rich Black history. The Looking Glass Launched this summer by technologist Adrian Jones, the Looking Glass app turns historical archives into interactive, location-based experiences. Users can explore various Pittsburgh neighborhoods and uncover the stories that have shaped these communities over time. The app’s first focus is East Liberty, a neighborhood that has undergone changes over the decades as it faced a sharp decline in the 1960s due to an
R&B artist Brent Faiyaz and his business partner Ty Baisden have invested more than $100,000 in Black women-led STEM companies, according to Billboard. Investing Music Profits Into Black Women-Led Businesses Under their Lost Kids label, Faiyaz and Baisden operate a 50/50 business partnership that reinvests profits from Faiyaz’s music career into various ventures. Their primary focus is on Black women-led businesses, particularly in the STEM fields. “Those projects and his tours are the financial seeds for Brent and me to go out and make individual investments,” said Baisden. The duo’s
