Angela Majette, a Bronx native, worked as a legal consultant for years before launching her own organization dedicated to helping her community. Her years of experience in the field allowed her to witness firsthand the struggles Black founders on their entrepreneurship journey experienced when it came to getting good counsel for a reasonable price. The struggles experienced by minorities – especially the Black community is what led her to launch Black Connect, an organization that aims to support Black-owned businesses with pro bono legal support and establish solid legal footing. Launched
Bfree, a Nigerian credit management fintech, has embarked on global expansion after raising $1.7 million in a pre-Series A round. It’s now on a massive recruitment drive for the 16 new markets in which it is setting up operations, including Ghana, India, Uganda, Brazil, Colombia, Mexico, Russia, Poland, Pakistan, and Indonesia. It was founded by Chukwudi Enyi, Moses Nmor, and Flosbach, who were reportedly looking to develop better, ethical, and tech-inspired debt-collection tools and processes after firsthand experience working for digital lenders in Nigeria. 4Di Capital, Octerra Capital, VestedWorld, Voltron Capital, Logos Ventures,
Paylend, a Kenyan fintech startup focused on providing access to finance and digitizing MSMEs in Kenya, announced it has raised $2 million seed investment. The funding came from Next Chymia Consulting HK Limited, an Asian-based company that provides global entities with blockchain applications, consultancy services, and training. Paylend’s mission is to support MSMEs across Africa to solve access to continuous capital while bridging the consumer data gap by connecting consumers to products and services. Paylend’s model enables consumer data collection that allows for a thorough understanding of consumer needs and
You should probably know what NFTs are by now since these three-letter words have been floating around our headlines, Twitter timelines, and TV screens for the past few weeks now. But for those of you who are behind on this latest trend – we’ll let you off and give you a little reminder. What is an NFT? NFT means a Non-fungible token. The best explanation I’ve seen for it is “Non-fungible” more or less means that it’s unique and can’t be replaced with something else. For example, a bitcoin is
A Black teenager from Prince George’s County, Maryland, has officially become the youngest glider pilot in the nation’s history.
Cambridge-based post-seed accelerator Deeptech Labs has announced its autumn deeptech startup cohort.
Social Chain founder Steven Bartlett and Furqan Rydhan, founding CTO of Bebo and AppLovin, have just launched a software startup for web3 projects. Announcing the news on Twitter, Barlett said: “BIG NEWS: Today I’m announcing the launch of my new company, third web! Web3, NFT’s, and blockchain technology is going to impact every single industry and every single job. “We’ve built the platform that makes it incredibly easy to build web3 applications in a matter of clicks.” Thirdweb reportedly launched its free tools three months ago for developers to build,
New York City is making a bold move by introducing a new law to combat race and gender bias in hiring processes when businesses use artificial intelligence tools to screen out job candidates. Under the new law – employers in the city will be banned from using automated employment decision tools to screen job candidates unless the technology has been subject to a “bias audit” conducted a year before using the tool. The new act passed the measure on November 10 and it takes effect on January 2, 2023. A PricewaterhouseCoopers 2017 study found
CarpeDM — an online dating app exclusive to Black women — has partnered with KarmaCheck to incorporate full background checks for its members on the dating platform. Howard Law School alumni Naza Shelley and Sali Hama launched the app to ensure Black women could be equally as successful while exploring the world of dating. “We’re excited to partner with CarpeDM to help make the online dating experience safer and more trustworthy for singles. While quickly and accurately verifying user data, KarmaCheck goes to great lengths to ensure that user data is protected
A tech company that provides human resource training to large corporations has just been revealed to be using white actors to portray people of color within sessions about diversity, equity, and inclusion. During the training sessions, there were reportedly scenarios where Child Protective Services removed a child from a Black family and in each case, white actors played the roles of the Black characters. In other VR simulations, white actors played characters of Asian descent, and neurotypical adults played autistic children. Mursion, a corporate education company that has clients including Coco cola and Starbucks, has
