Kinly has announced a new partnership with data aggregation platform MX, a financial data aggregation tool, to help the company build and enhance its custom-built financial tools. The Atlanta-based financial tech company, Kinly, is dedicated to helping Black Americans build generational wealth. The platform offers members a range of benefits, including a Visa debit card and early wage access. In addition, it gives members access to financial education to help them improve their economic outcomes. The partnership with MX will see the platform introduce a range of embeddable user interfaces
U.S. Immigration and Customs Enforcement (ICE) can now track and identify cryptocurrency users using a new software program, Coinbase Tracker. The software, offered on a subscription basis, allows the government and private sectors to trace incoming and outgoing funds made through various digital currencies, including Bitcoin, Ether, and Tether. Last year, Intercept revealed that Coinbase had sold its analytics software license to ICE for $29,000. The analytics program, which provides ICE with crypto users’ “historical geo-tracking data,” is one of several small contracts between Coinbase and the U.S. government. In April 2021,
ANJEL Tech, a Black-owned cloud-based application that turns any smartphone into your personal body cam, has announced a historic partnership with 1 Million Madly Motivated Moms (1M4), an organization led by African American moms to address police brutality through legal action and legislative policy education. We previously interviewed the founder of ANJEL Tech, who told POCIT that he’d struggled to get attention from mainstream reporters and investors when it came to his app. The app in question has been described as an initiative that “could help protect minorities.” When activated, the
CarePoint, a Black-owned technology-driven healthcare startup that seeks to make healthcare accessible, has just raised a $10 million bridge round to accelerate its growth across Africa. How does it work? Patients are able to access care virtually through CarePoint’s MyCareMobile app, which links them to diverse services through teleconferencing, including consultations with their doctors, test results, and 24-hour emergency response. The funding round was led by TRB Advisors and brings the total funding raised by CarePoint to $30 million. It follows an $18 million Series A round announced in November last year.
Njoku Emmanuel is somewhat obsessed with coding. After his father seized his laptop for reportedly “coding too much” and not focusing on his studies, he dropped out of school to focus on coding. Speaking in-depth about his experience, he said: “any time I was going to school, I was going to charge my laptop and code. I didn’t tell my parents. When they gave me money to buy textbooks, I used it to buy coding courses on Udemy.” His father somehow found out he has been missing classes and invited him
ChainIDE, a firm helping develop company MVPs, and Conflux, a software delivery service for engineers, have teamed up to launch ‘The Hydra Developer Bootcamp’ for Web3 developers in Africa. The bootcamp aims to provide cohort members with hands-on blockchain 101 training, insight into the African blockchain, crypto industry, and a unique outlook on the future prospects of the Metaverse and Web 3. More than 200 people have reportedly already signed up for the event, according to TechCabal, while the first two modules have already attracted more than 500 views in
Race and gender discrimination in technology remain an issue, according to Dice’s newly released Equality in Tech Report. The report said that between 2020 and 2021, there was little change in sentiment around gender and racial discrimination. And the perception of racial discrimination increased for both Black technologist respondents (57%, up from 55% in 2020) and technologists who identify as women (at double the rate of technologists who identify as men.) The report said that perception of a lack of leadership opportunities and salary and benefit inequities were cited as a common
Just one percent of VC-funded founders in the US are Black and the rates of investment in European Black-owned businesses are even lower. Just three percent of Londoners working in the tech sector are Black and only 8.5% of senior leaders in the UK tech sector are from Black, Asian, or minority ethnic backgrounds. If we were to break these numbers down further – the numbers would be very low for Black women. But this isn’t because they aren’t creating amazing things. Take Sheilisa McNeal Burgess for example – a
Snickerdoodle, an NFT data, and privacy platform announced that it’s partnering with FTX and Animoca Brands to launch NFT Lotería, a game centered around a series of community-focused NFTs derived from Lotería, an image-based game popular in the Latinx community. The NFT series will highlight Hispanic artists, and its sales will benefit national Hispanic nonprofits including the Hispanic Heritage Foundation, the Latino Community Foundation, and the Rising Tide Network. Proceeds will engage and train young Hispanic Americans to enter the tech sector and the emerging blockchain industry. Snickerdoodle developed the
The Capital Factory and DivInc Black winners in Tech Challenge pitch competition have been announced. Typically – there is just one winner but according to reports the competition was too good this year and two startups were chosen. The local winner of the challenge, which is aimed at increasing diversity in the tech community, was Safer Management, a public school and university attendance tracking startup. Safer was founded by Fred Burns in 2020. His company, along with Indiana-based gig work platform Clutch, took home a $100,000 investment. According to reports, Burns noticed one of these
